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.