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Finding and keeping
           great startup people


Daniel Debow
co-founder + co-CEO | rypple
Men wanted: For hazardous journey.
Small wages, bitter cold, long months
of complete darkness, constant
danger, safe return doubtful. Honour
and recognition in case of success.
                  * Sir Earnest Shackleton




                                             2
1. Recruiting, a matter of life-or-death
Agenda

         2. Always be recruiting
         3. The Ideal Start up person
         4. Bring them onboard
         5. How to Keep them



          * Not covering: job boards, recruiters, technology, etc…
                                                                     3
Always be recruiting




                                              Punchline
Discovering great people is everyone’s job
                Take the time. Get it right

           Get it right, from the beginning
                 A-teams attract A-players


                                                     4
About me




           5
our 1st startup | Workbrain
                                                                       My role
                 $120
                                                                  Business Plan
                                                           108
                                                                    Operations
                 $100
                                                      89
                                                                     Marketing
(US$ millions)




                 $80                                                  Corp Dev
                                                57
                 $60

                                                                        We
                                          34
                 $40

                                                                     sold in
                                    17
                 $20

                                                                   2007 for
                               4
                         0
                  $0
                                                                  $227 MM
                        2000       2002        2004        2006


                                                                              6
How did Workbrain get there?
       We hired 100’s of great people




                                        7
>500
The number of people I’ve
interview or hired since 2000



                                8
our latest startup | rypple
         13 people…and counting




                                  9
1. Recruiting is life-or-death at a start-up




                                         10
Get the best now
    ...Avoid the headache later



                                  11
You can’t do what a Big Company does
              Stakes are much higher for you


                                           12
2.Always be recruiting




                         13
Stars turn up
anytime & anywhere




                     14
Dig your well before you need water




                                      15
It takes time to…
  develop trust
  listen to & understand their concerns
  discover that magical fit


              Engage people early

                                          16
How to find people
  Without spending $$$
                     17
Don’t rely on recruiters
or ads in the early days
You should do the leg work



                             18
Network, Network, Network




                            19
swapping business cards is not networking
  Networking means helping people*




                         * helping people is good Karma   20
Be visible
 participate




               21
Get smart friends to look for you
  A-players recommend A-candidates




                                     22
Get your team involved
 It’s everyone’s job to discover your next star   23
3.Who is the ideal candidate?
                                24
Different people at different stages
                                       25
In general
you need people who...



                         26
…are passionate about something




Demonstrates persistence, dedication, intensity

                                              27
…are involved in something
         in school, sports, bands, charities…




Demonstrates they play nice with people
                                                28
…have started something




Demonstrates that
they saw something that didn’t
exist & they made it exist


                                 29
…demonstrate
    Focus, attention to detail, ability to learn




                                             30
…and are
way smarter
 than you



              31
In the beginning,
you need people who are...



                             32
Creators Love Ambiguity
Passionate Biased to Action
    Adaptive Interesting
   Really smart Dreamers
 Pragmatic Business savvy

                              33
How to find the right people




                               34
People like the idea of a start up
                                     35
Few understand the reality of it
                        Don’t sugar coat


      “Men wanted: For hazardous journey.
      Small wages, bitter cold, long months
      of complete darkness, constant
      danger, safe return doubtful. Honour
      and recognition in case of success.”
                        * Sir Earnest Shackleton


                                               36
Honesty, the name of the game




Pays $2,000 after training to weed out bad fits!

                                               37
don’t try to fit a square peg into a round hole




                                             38
Make sure they truly believe in your idea
                                       39
Skin in the game



    Give them an opportunity to invest
                                         40
See how they react to...
          ..more equity but less salary



      Do they really believe?



                                      41
Have a hiring plan
  Want ambitious people?
  Have an ambitious plan!




                            42
4. Bring them onboard
                        43
Details matter
be nice, don’t be an @$$*




      * people don’t like working for one
                                       44
Interviews
are crucial

              45
Where they usually start for us
                                  46
Interviews take time
Will they spend 5-6 hours meeting with you?
                                          47
Understand their psychology




                              48
Ask them to move Mt. Fuji!




                             49
Inculcate a sense of specialness & respect
         Involve them in the social context
         Invite them to meet the team events




                                             50
Be persistent
       James
    “Dev Machine”
         Tam
                              When the right
                              startup person
                              shows up



* Said “no” three times!
                                           51
aren’t startups risky?
    dispelling the myth




                          52
…laying off 5,000 employees.


…files for Bankruptcy protection.




…lays off 12,000.


                               53
There is
   NO
   job
 security
anymore


            54
What about the risk of a job that…

              you’re not passionate about?

              doesn’t let you be creative?

              doesn’t let you have an impact?




                                             55
the real risk of a startup…
       Not trying.

                              56
Recruiting doesn’t stop
        when they sign




                      57
Send a gift




              58
Don’t even
think about it



             59
5. How to keep them…
         a few thoughts




                    60
A work environment
  that’s challenging
    that lets people learn
       with room to get ahead




                           61
Being a good manager
          is
 being a good person



                       62
Be transparent
  Communicate objectives
  Share the business data
        Explain strategies
             Be available

             Be the servant leader

                                     63
Help them learn
 Host lunch & learns with interesting people




                                           64
Be flexible
  Allow flow between jobs




                            65
Engage them using…




                     66
Have fun once
in a while!



            67
Touchbase bi-weekly




        Very important to young people
                                     68
Get rid of what’s
holding you back




                    69
What did we cover
 1. Recruiting, a matter of life-or-death
 2. Always be recruiting
 3. The Ideal Start up person
 4. Bring them onboard
 5. How to keep them



                                            70
Always be recruiting




                                              Punchline
Discovering great people is everyone’s job
                Take the time. Get it right

           Get it right, from the beginning
                 A-teams attract A-players


                                                    71
Was this useful?

h t t p : / / w w w. r y p p l e . c o m / d d e b o w / m e s h U 2 0 0 9



           1 888 i-RYPPLE

           Become a fan on the Rypple NOWpage

           Hear from us at blog.rypple.com

           Apply at jobs@rypple.com


                                                                       72
Pictures bought from
istockphoto.com




                       73

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MeshU--Finding and keeping great startup people