Startups For the Rest of Us
Episode 560 | When to Hire, Square Business Banking, and More Bootstrapper News
Jul 27, 2021
Einar Vollset, an expert in hiring strategies, and Tracy Osborn, a community management specialist, share valuable insights on when to hire in startups. They discuss how to optimize roles for efficiency and the surprising productivity boosts of working while traveling. The conversation also touches on a Delta pilot's legal battle over app ownership and the shifting dynamics in advertising as Facebook faces user backlash. Plus, they explore the exciting developments in fintech with Square's new banking services.
38:05
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Quick takeaways
- Founders should strategically identify and hire support roles early to enhance efficiency and focus on high-level tasks.
- Changing work locations can significantly boost productivity by eliminating distractions and fostering a collaborative environment.
Deep dives
Deciding When to Hire
Determining the right time to hire within a startup can be challenging. It's common for founders to overlook necessary hires until they feel overwhelmed, leading to suboptimal efficiency. Founders should evaluate their tasks and identify which responsibilities can be delegated to increase their capacity for more high-level activities. Often, support roles, such as customer service, should be among the first positions to fill, as they are repetitive and can be effectively managed by others.
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