How I Hire Employees For My Startup - Building a Billion $ Company - Episode 9

In this video, I walk through my experience making my first hires, lay out my current hiring regime, and I talk with some of my first hires to get their insight on the process.

Hiring is one of the most difficult steps of the startup building process, but if you do it right, it could very well be the key to your success.

Specifically, I cover:
• Why hiring is so important
• The 3 steps of hiring
• 3 methods of finding potential talent
• How to vet potential hires
• How to convince prospects to come work for you

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⌚️Timestamps:
0:00 The Importance of Hiring
1:13 Step 1 - Finding Great Talent
5:00 Step 2 - Vetting Great Talent
6:15 Interview with Lauren
9:29 Step 3 - How To Pitch Your Company
10:10 Interview with Alyssa
12:14 Closing Thoughts

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Want to start monetizing your content? Check out my company, Stan:

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[Diablotux]

This is a top video because you actually asked the hard questions like "why did you join" to the actual candidate and show transparently their thought process. Super valuable man!

[moose]

no one talks about how good jays style is

[jonbaxter]

So cool to get to see all the decisions and steps that go into building a startup like stan

[francescocavallero]

Here we go again! Jay doing some Jay things. You’re killing it man

[breezy_]

Me being a Recruiter, a lot of these tips are really helpful. Great video.

[treefreetisoo]

Thank you for sharing all this. Amazing

[Leoninhk]

great advice, also love the new hair!

[DaveNash]

great video. scaling my startup right now and needed this. have 1 full time atm but need 1-2 more soon

[lelelu]

Hey! Love your content and have been following since you MBA early days! Finally subscribed today after coming on YouTube after a long break - QQ how do you decide the compensation & motivation strategy for first hires? Really love to hear your advice!

[mahdidi]

Hi Jay, love you man, amazing insight and energy as always!
Would you say that the same process was used in getting a cofounder?

I say this because you really can't offer a cofounder salary, and so it's probably a much harder sell. And yet, it's the most important hire you'll ever make. When you searched for a cofounder, did you use the same cold calling style or was it people you know for a while? And if it was through cold calling, how did you build that relationship which eventually convinced someone to join up with nothing but equity on the table.

[akeljounesakel]

Difficult to make eye contact over the phone ;) I would add Mindset, interaction would he/she fits within the team, pro-activity, result-oriented eventually motivation can also come from a great vision plan. 5 times seems way too much in my opinion... Mindest and attitude and experience will definitely demonstrate a positive outcome...

[ChristianMillionaire]

Ok, I had to pause this video...
To say that's a great quote!
( fast/alone vs far/together )
Very good stuff John!
Thanks for sharing,
- james

[Conciliare]

Such high quality vids, hope this channel blows up 1 day.

[Yourguide]

Haha, I got rejected for this position at Stan.😆But i'm very excited for your new hire! One piece of feedback I have for you Jay is that I spent a fairly long amount of time recording my video/application only to hear back that the position was already filled the week before. The job was still listed on the careers page with a big "We're hiring!" sign. Would have saved me an hour :) Best of luck to you!!

[Divicati]

Love these behind-the-scenes videos, Jay. However, Ben Simon is not a solid candidate 😂

[tonyzhang]

What's your perspective on tiktok shops now offering physical and digital items? How does that affect Stan?

[galenamadi]

Is it possible for you to create a content specifically about advertising in terms of marketing strategy or something kinda of geeky thing

[f.abiangarcia]

I’m curious how many hours a week you are working on your startup. What does a weeks work at Stan look like?

[blaxvue]

wait, we have to make eye contact on the phone interview 8:22

[cryptopiamania]

I'd love to work for you. The experience would be amazing