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Recruiting a Great Team for Your Startup
Dan Olsen, CEO, YourVersion
Startup Leadership Program
March 9, 2011
Agenda
YourVersion Story
Recruiting Team Members
Startup Advice

Quick poll of audience
  Stage: Idea, coding, private beta, public
  Background: engineering, business, other?
  Looking to hire?
                               Copyright © 2011 YourVersion
My Background
BSEE, Northwestern & MSIE, Virginia Tech
Stanford MBA
19 years of Product Management Experience
  5 years managing nuclear submarine design
  5 years at Intuit, led Quicken Product Management
  Cofounded consumer web startup in Madrid, Spain
  Led Product Management at Friendster
  PM consultant to startups: Box.net, YouSendIt, Epocrates
  CEO & Cofounder of YourVersion, startup building 
  “Pandora for your real‐time web content”

        Will post slides to slideshare.net/dan_o

                                          Copyright © 2011 YourVersion
Problem: Amount of Relevant Content
Far Exceeds How Much Time We Have

                          Amount of new
                          info created each
                          day that’s
                          relevant to you




                        Hours per day you 
                        have to consume 
                        content
          Time




                         Copyright © 2011 YourVersion
YourVersion: the Best Way to Stay on 
  Top of the Topics You Care About
Most Personalized: add any topic to profile
Brings you latest news, blogs, tweets, webpages, videos, 
Quora Q&A
Delivers Best Blend of Relevance with Recency
Easiest to Use: innovative user interface
Most Complete Discovery Solution
  Sharing: email, Facebook, Twitter
  Link shortening: yv2.me
  Bookmarking with auto‐tagging
  Mobile apps: iPad, iPhone, Android phone & tablet
  Browser tools
  Personalized email digests & widgets
Harnesses Collective Intelligence
                                         Copyright © 2011 YourVersion
YourVersion iPhone App
YourVersion Android Tablet App
Praise for YourVersion
Launched Sep 2009 at TechCrunch50, won 
People’s Choice Award
  Complimented by Marissa Mayer & Robert Scoble
  Also won awards at Berkeley Digital Media 
  Conference, FailCon, SF NewTech, & SF Beta
iPad App: Apple featured us as “New & 
Noteworthy” app




                                 Copyright © 2011 YourVersion
Recruiting Team Members
Deciding WHAT type of people you need
  Skills
  Experience level
  Full time vs. part time
  Local vs. remote
  Eligibility to work
  Personality fit


                            Copyright © 2011 YourVersion
Team Chemistry
Myers‐Briggs
  Extroverted vs. Introverted
  Sensing vs. iNtuitive
  Thinking vs. Feeling
  Judging vs. Perceiving
Motivation
Work ethic, schedule preferences
Attention to detail
                                Copyright © 2011 YourVersion
YourVersion Phases
Phase 1: “Food equity” phase
  Friends on weekends
  Cofounders or not?
  PHP vs. Java
  Private beta milestone
Phase 2: After incorporating
Phase 3: After public launch, winning 
TechCrunch50 People’s Choice Award
Phase 4: After angel round
                               Copyright © 2011 YourVersion
Resources for Finding People
Your Network
  LinkedIn, Facebook
  Ping more than once over time
Local events
  Meetups
    Startup matchmaking
    Specific technologies: iOS, Android, PHP, JavaScript
  Plancast
  Startup orgs: SVASE, TiE, etc.
Coworking spaces: Hacker Dojo, Office of SV
Incubators / angels

                                          Copyright © 2011 YourVersion
Resources for Finding People cont’d
Universities
Job fairs: JobNob
Job posting sites
Jobs section on your website
Your user base




                               Copyright © 2011 YourVersion
Evaluating Candidates
Write job description
Agree on evaluation criteria
Define your process
   Step 1: review resume (also check on LinkedIn & Google)
   Step 2: phone interview (check list of questions)
   Step 3: in‐person interview
Resume review
Interviewing is a skill, need to practice to get good at it
Phone interview
In‐person Interview
   Work samples are best
   Behavioral interviewing, real‐time exercises
   Ask where your company stands in their mind
Check references
Trial period


                                                  Copyright © 2011 YourVersion
Success with Interns
In interview:
  Really probe motivation & thought process
  Cover logistics
  Set expectations
May be their first job
For them
  Make sure it’s a real job, give ownership
  Ensure dedicated manager/mentor
  Identify & clearly define projects
  Learning experience: ok to stretch, grunt work bad

                                    Copyright © 2011 YourVersion
How do I Motivate my Team
     When I don’t have Cash?
Stock options
T‐shirts / schwag
Positive feedback / recognition
Training / learning
Resume builder, be a future job reference
Launching/using their work, accomplishment
Positive feedback from customers, press
Pride of a job well done
Advice, skills barter
Food, Fun
                              Copyright © 2011 YourVersion
Startup Advice




                 Copyright © 2011 YourVersion
1. Focus on the Customer Problem First
Problem Space vs. Solution Space
 Problem Space                  Solution Space
   A customer problem,            A specific 
   need, or benefit that the      implementation to 
   product should address         address the need or 
   A product requirement          product requirement
Example:
  Ability to write in space     NASA: space pen
  (zero gravity)                ($1 M R&D cost)
                                Russians: pencil

                                      Copyright © 2011 YourVersion
Iterating Your Product Vector Based on 
    User Feedback in Solution Space
      Problem Space                   Solution Space
    (your mental model)        (what users can react to)
 Help user    Help user
book travel   plan travel




                     Mockups / Code


                    Customer Feedback
                                           Copyright © 2011 YourVersion
2. Go After a Big Opportunity
High Importance + Low Satisfaction =
Importance of User Need
                        Opportunity
                          High
                                                              Competitive
                                        Opportunity
                                                                Market




                                              Not Worth Going After

                          Low
                                  Low                                  High
                                 User Satisfaction with Current Alternatives
                                                                      Copyright © 2011 YourVersion
3. How Will Your Product be Better?
Kano Model: User Needs & Satisfaction
              User Satisfaction
                                  Delighter (wow)


                                                 Performance 
                                                (more is better)


 Need                                                    Need
not met                                                fully met
                                    Must Have


                                  Needs & features 
                                  migrate over time


             User Dissatisfaction         Copyright © 2011 YourVersion
What is Your Value Proposition?
 Which user benefits are you providing?
 How are you better than competitors?
                        Competitor A Competitor B            You
Must Have Benefit 1          Y            Y                    Y

Performance Benefit 1       High         Low                 Med

Performance Benefit 2       Low          High                Low

Performance Benefit 3       Med          Med                 High

Delighter Benefit 1          Y            ‐                    ‐

Delighter Benefit 2          ‐            ‐                    Y
                                          Copyright © 2011 YourVersion
4. Design & Ease of Use Are Critical
  What most
  people see
  and react to                       Visual
                                     Design                      What good
                                                                 product
                                                                 people
                                   Interaction                   think about
                                     Design

                                  Information
                                  Architecture

                                  Conceptual
                                    Design

Recommended reading: Jesse James Garrett’s
“Elements of User Experience” chart, free at www.jjg.net   Copyright © 2011 YourVersion
5. Prioritize and Stay Focused
                Limited resources
                10 high priorities = FAIL
                What’s most important?
                Manage scope
                  Avoid feature creep
                  Bread down big items
                Strategy = deciding what 
                you’re not going to do
                Must say “no”
                        Copyright © 2011 YourVersion
6. Launch so you can Learn & Iterate
7. Listen to Your Customers
“Ramen” User Feedback for Startups
Anyone can do it!
Ingredients:
  Solution‐space product/mockup to test
  1 customer (with laptop if testing code)
  1 desk
  1 person to conduct the session
  Pen and paper
  Optional note‐taker and observers

                                 Copyright © 2011 YourVersion
Typical Format for Customer Session
5 ‐ 10 min: Ask questions to understand user 
needs and solutions they currently use
30 ‐ 50 min: User feedback
  Show user product/mockup
  Non‐directed as much as possible
  When necessary, direct user to attempt to 
  perform a specific task
5 ‐ 10 min: Wrap‐up
  Answer any user questions that came up
  Point out/explain features you want to highlight
  Ask them if they would use the product

                                     Copyright © 2011 YourVersion
Dos & Don’ts of Conducting Usability
Do
  Explain to the user:
     Their usability test will help improve the product
     Not to worry about hurting your feelings
     “Think Aloud Protocol”
  Ask user to attempt the task, then be a fly on the wall
  Ask non‐leading, open‐ended questions
  Take notes and review them afterwards for take‐aways
Don’t
  Ask leading questions
  “Help” the user or explain the UI (e.g., “click over here”)
  Respond to user frustration or questions (until test is over)
  Get defensive
  Blame the user
                                                   Copyright © 2011 YourVersion
8. Startups are like Roller Coasters




 Exciting with scary moments   Find at least 1 cofounder:  1 + 1 = 3
 High highs, low lows          Get through the dips, share the highs
 Challenging turns & dips      Enjoy the ride!
                                               Copyright © 2011 YourVersion
Try it out at:
  http://www.yourversion.com

            Free apps:
          iPad http://bit.ly/yv‐hd
       iPhone http://bit.ly/yv‐app
Android phone http://bit.ly/yv‐ap
Android tablet http://bit.ly/yv‐tab
                         Copyright © 2011 YourVersion

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