Small Business Trends Radio

How To Assemble Your Startup Team

Wil Schroter on how to assemble your startup team.One of the most difficult parts of starting a new business is finding the talent to help grow your startup. For many entrepreneurs, this can be a daunting task.

Our featured guest in this episode of Small Business Trends Radio is Wil Schroter, Founder and CEO of Go Big Network. Wil explains the most effective ways to staff your new startup and find talent that is willing to work for equity (stock options) and not cash.

For instance, did you know that:

  • Qualified talent — is out there and willing to work for stock options as payment. You just have to make sure that the opportunity you are offering is worth the trade-off.
  • On average — job listings for startups posted on the Go Big Network generally receive two to four responses.
  • The biggest mistake — that many startups make when staffing is to maintain a preference for cheap vs. quality. Qualified talent may work fewer hours, but the quality of the work will be much better than someone willing to work longer hours for less pay.
  • The new frontier — for qualified talent is in marketing. The demand for qualified candidates has shifted from technology to online marketing, Web marketing, SEO, and the like. Growing companies is the number one need.

In this episode, Wil Schroter also discusses the staffing and recruiting services offered by the Go Big Network. Go Big maintains a database of qualified talent many of whom are willing to work for stock options rather than cash.

Stay tuned at the end of the program for the Today’s Trend. Today’s Trend is: The Growth And Organization Of Angel Capital.

Gain access to Wil’s discussion by clicking the player below to listen to the full interview.

4 Responses to “How To Assemble Your Startup Team”

  1. EJMalyn Says:

    I personally prefer quality over cheap…you get what you pay for. What’s the percentage of qualified talent working for stock options?

  2. Amanda Says:

    Hiring unexperienced employees can definitely waste a lot of valuable time. I agree that the talent you may get for free may not be worth what the employee can bring to the table.

    Very impressive that Wil is only 32 years old with 9 startups under his belt. I was especially interested to hear about the “swap a lease” website. I had no idea something like that existed. What a great & valuable idea.

  3. Chris Says:

    I, too, am impressed with Wil’s professional background at only 32 years of age. He obviously knows what he’s doing and the concept surrounding the Go Big Network is bright.

    I have been to the site and it’s a wonderful site for startups. Loads of avenues to connect to others, potential clients, potential employees, and the like. I am also impressed with the fact that there are people out there willing to work for stock options. I had no clue.

  4. Sandy Rowley Says:

    We have been trading for stock options for years. I feel it encourages the web development company to put in extra effort if they have a stake in the start ups success.

    Sandy

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