“I used to say when I was starting my first company, I was much more of a recruiter than a CEO or founder.” ~ Vinod Khosla
Venture Hacks recently published an interview with Vinod Khosla. Khosla co-founded Sun Microsystems, and then went on to serve as the company’s CEO and Chairman. After leaving Sun, he became a general partner of the venture capital firm Kleiner, Perkins, Caufield & Byers in 1986 and remained there through the early 2000s. In 2004, Khosla founded Khosla Ventures to invest in start-up tech firms, particularly in the cleantech sector. When he talks, entrepreneurs listen, and with good reason: his entrepreneurial success is the stuff of Hollywood dreams.
In the interview, Khosla gives several pieces of advice for anyone starting a business, two of which I found incredibly interesting: stay true to your vision and get a good team. Entrepreneurs are by nature self-starters, non-conformists, people who enjoy going their own way. Taking the advice “find a good team” can be a challenge for independent entrepreneurs. I’ve been chewing on this conundrum all weekend, thinking about ways that entrepreneurs can and should go about finding a good team. There are countless ways to go about this tough, critical task. Here are the 5 that have worked best for me:
1.) Shout your clear, concise vision from the hilltops. If you’re clear on what you want and can articulate it succinctly and with passion, it will make it easier for your pack to find you.
2.) Don’t settle. It’s tempting to take someone who kind of fits what you’re looking for when a pile of work is looming on your desk. One of my favorite quotes from Brian is “you get what you settle for.” Good enough does not equal good, and you’ll regret the choice in the not-so-distant future.
3.) It’s okay to contract. Finding a good team takes time, though that pile of work next to you isn’t slowing down its growth any time soon. These days, contracting is a perfect way to get daily work done while searching for that perfect team. Contracting also gives you a way to test out new team members before bringing them on full-time, and it gives them a chance to check you out, too.
4.) Add only as needed. There’s a great temptation to build a team before you build a business. Get the work first, and then add staff as needed. There’s no law against taking it slow and managing your company’s growth.
5.) Multi-talented multi-taskers wanted. Usually, I’m a fan of focus over multi-tasking, however if you can find someone who has skill sets in multiple areas where you need to recruit, you can roll several positions into one superstar team member and offer extra compensation to that superstar.
What tips have helped you build stellar teams?
Published by Christa Avampato
The short of it:
Writer. Health, education, and art advocate. Theater and film producer. Visual artist. Product geek. Proud alumnae of the University of Pennsylvania (BA) and the Darden School of Business at the University of Virginia (MBA). Inspired by ancient wisdom & modern tech. Proliferator of goodness. Opener of doors. Friend to animals. Fan of creative work in all its wondrous forms. I use my business skills to create passion projects that build a better world. I’ve been called the happiest New Yorker, and I try hard to live up to that title every day.
The long of it:
My career has stretched across Capitol Hill, Broadway theatre, education, nonprofit fundraising, health and wellness, and Fortune 500 companies in retail, media, entertainment, technology, and financial services. I’ve been a product developer and product manager, theater manager, strategic consultant, marketer, voice over artist, , teacher, and fundraiser. I use my business and storytelling to support and sustain passion projects that build a better world. In every experience, I’ve used my sense of and respect for elegant design to develop meaningful products, services, programs, and events.
While building a business career, I also built a strong portfolio as a journalist, novelist, freelance writer, interviewer, presenter, and public speaker. My writing has appeared in The Washington Post, The Huffington Post, PBS.org, Boston.com, Royal Media Partners publications, and The Motley Fool on a wide range of topics including business, technology, science, health, education, culture, and lifestyle. I have also been an invited speaker at SXSW, Teach for America, Avon headquarters, Games for Change, NYU, Columbia University, Hunter College, and the Alzheimer’s Foundation of America. The first book in my young adult book series, Emerson Page and Where the Light Enters, was acquired by a publisher and launched in November 2017. I’m currently working on the second book in the series.
A recovering multi-tasker, I’m equally at home in front of my Mac, on my yoga mat, walking my rescue dog, Phineas, traveling with a purpose, or practicing the high-art of people watching. I also cut up small bits of paper and put them back together as a collage artist.
My company:
I’m bringing together all of my business and creative career paths as the Founder of Double or Nothing Media:
• I craft products, programs, and projects that make a difference;
• I build the business plans that make what I craft financially sustainable;
• I tell the stories that matter about the people, places, and products that inspire me.
Follow my adventures on Twitter at https://twitter.com/christanyc and Instagram at https://instagram.com/christarosenyc.
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