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BUILDING
YOUR STARTUPTEAM
FORTHE WIN
Mei Lu
Jobfully.com | Geekology.biz
About Me
Geekology
•Technical talent advisory and solutions (training
and consulting) for growth startups
Jobfully
•Job and career coaching for software engineers
and developers
© 2016 Jobfully LLC
SCOPE OFTHETALK
© 2016 Jobfully LLC
Stages ofTech Startups
•Founding
• Prod team: 1-3
•Seed
• Prod team: 3-10
•Growth
• Prod team: 10-30
•Expansion
• Prod team: 30-100ish
•Pre-IPO
• Prod team: a whole bunch of people
© 2016 Jobfully LLC
BUILDING A
HIGH PERFORMING
TEAM
© 2016 Jobfully LLC
Your Plan – Founding Stage
www.pinterest.com/fungiexpress/illustration-comic/
© 2016 Jobfully LLC
www.comicvine.com
Bruce
Wayne
Diana
Prince
superfriends.wikia.com/wiki/Wonder_Woman
Your Plan – Seed Stage
screenrant.com© 2016 Jobfully LLC
Your Plan – Growth Stage and Beyond
http://dc.wikia.com/© 2016 Jobfully LLC
WhatActually Happens
kittensin.blogspot.com
www.desktopnexus.com
sensevista.com
Building an average team
is easy.
Building a high-performing team
is hard.
© 2016 Jobfully LLC
What’s wrong with
average
?
© 2016 Jobfully LLC
Average startups die.
© 2016 Jobfully LLC
90% of startups fail.
RECRUITING
===
TEAM BUILDING ?
false
© 2016 Jobfully LLC
Building aTeam… is a Process
Before you start -
•Identify business goals that can’t be achieved with
the current team
•Define the role(s) to best meet business goals
© 2016 Jobfully LLC
Building aTeam… is a Process
What it looks like
•Attract
•Recruit
•Retain
•Perform
•Refer
(Hint –Think “growth hacking”)
© 2016 Jobfully LLC
A
A
R
R
R
Convert
© 2016 Jobfully LLC
Mei’s StartupTeam Metrics
How do candidates find you?
Do candidates have a great
experience?
Do people stay?
Is the team creating value for the
business?
Do people tell others?
Hire
Attract
Recruit
Retain
Perform
Refer
© 2016 Jobfully LLC
Building aTeam… Measuring Success
How do candidates find you?
Do candidates have a great
experience?
Do people stay?
Is the team creating value for the
business?
Do people tell others?
Hire
Attract
Recruit
Retain
Perform
Refer
© 2016 Jobfully LLC
Image: http://blog.goyello.com/
Build-Measure-Learn
© 2016 Jobfully LLC
http://www.agileacademy.co/
Team
Practices
© 2016 Jobfully LLC
Build-Measure-Learn
•Start with best practices – learn from other
people’s mistakes
•Measure and learn what works for you
•Establish your own best practices
•Don’t stop measuring and learning – continuously
improve
© 2016 Jobfully LLC
Attraction
Recruitment
Retention
Performance
Referrals
Measure:
• % of people
advancing
• Value & cost
per person
Learn:
• What made
them stay?
• What didn’t
they like?
Measure:
• % of people
leaving
• Value & cost
per person
Learn:
• What made
them leave?
• What did
they like?
Mei’s Lean StartupTeam Metrics:
Build-Measure-Learn
© 2016 Jobfully LLC
THE STARTING POINT
BEST PRACTICES
Aim for excellence (top 10%), not average
© 2016 Jobfully LLC
Attraction
Recruitment
Retention
Performance
Referrals
Pre-Hiring
Post-Hiring
Coefficient
Hire
© 2016 Jobfully LLC
PRE-HIRING
Are you getting the right candidates?
Do the right candidates want to join you?
© 2016 Jobfully LLC
Look for PeopleWhoThrive in Startups
•T-shaped skills
•Pragmatic (prioritizing business impact)
•Comfortable with unknown and ambiguity
•Quick and eager learner
•Get things done w/ limited resources
•Ownership
© 2016 Jobfully LLC
Avoid Startup Killers at All Costs
•“Not my job”
•Lack of business mindset
•Dogmatic
•Needs lots of structure
•Resists change and learning
•Can’t get things done differently
•Victimship – the opposite of ownership
© 2016 Jobfully LLC
How to Hire: HenryWard, CEO of eShares
Hiring Principles:
• Hiring means we failed or will fail
to execute and need help
• Startup employee effectiveness
follows a power law
• False Positives are ok, False
Negatives are not
• Culture is defined by who we hire
Hiring Heuristics:
• Hire for Strength vs Lack of
Weakness
• Hire forTrajectory vs Experience
• Hire Doers vsTellers
• Hire Learners vs Experts
• Hire Different vs Similar
• Always pass on ego
© 2016 Jobfully LLC
https://medium.com/swlh/how-to-hire-34f4ded5f176
How to Hire: HenryWard + Mei’s Mods
Hiring Principles:
• Hiring means we failed or will fail
to execute and need help
• Startup employee effectiveness
follows a power law
• False Positives are ok, False
Negatives are not (i.e. look for
hidden gems)
• Culture is defined by who we hire
Hiring Heuristics:
• Hire for Strength vs Lack of
Weakness
• Hire forTrajectory vs Experience
• Hire Doers vsTellers
• Hire Learners vs Experts
• Hire Different vs Similar
• Always pass on ego
• Hire to Lead vs Delegate
Hire for Future
vs Past
© 2016 Jobfully LLC
What Do CandidatesWant?
•Career-defining experience – know their career
aspirations
•Opportunities to apply under-utilized talents – to prove
themselves
•Interesting and challenging work
•A great candidate experience – seek validation
•A leader they believe in
•A vision & mission they can stand behind
•Business traction
Thinking
long(er)
term
© 2016 Jobfully LLC
Candidate Sources
•Your existing network
•Your new connections – grow your
network
•Right job boards (AngelList, Hacker
News, Reddit, GeekWire, etc.)
•Personally proactively seek out “the
one(s)”
© 2016 Jobfully LLC
Easy
Hard
SellingYour Startup
•Have a clear, concise, repeatable message
•Know what you uniquely offer
•Make it easy to reach you
•Don’t out-source relationships
© 2016 Jobfully LLC
POST-HIRING
Do people stay?
Does the team perform?
© 2016 Jobfully LLC
Why Do People Stay?
•Things they were looking for during pre-hiring –
promises kept
•Recognition – contribution confirmation
•Harmonious relationships with co-workers –
respectful and collaborative
•Sense of progress – personal and company-wise
•On board with leadership’s decisions -
transparency
© 2016 Jobfully LLC
Why Do People Stay?
•“My opinions matter” – voice being valued and
heard
•Career and personal growth – learning and
development
•Visible impact – measurable results of effort
•Performance management / reward system that
makes sense
•Compatible with personal life
© 2016 Jobfully LLC
Getting theTeam to Perform. How?
(now that’s the million dollar question)
© 2016 Jobfully LLC
Getting theTeam to Perform. How?
(now that’s the billion dollar question)
© 2016 Jobfully LLC
What Does ItTake?
A Good Starting Point:
•Always connect business goals to daily activities
•A well thought out performance management
and reward system
•Cultivate intrinsic motivation
Autonomy
Mastery
Purpose
Drive:The Surprising
Truth AboutWhat
Motivates Us
by Daniel Pink
© 2016 Jobfully LLC
EXECUTION
is
HARD.
Why?
© 2016 Jobfully LLC
Constant effort
Blind spots
© 2016 Jobfully LLC
On-going
build-measure-learn
makes it
easier and smarter
© 2016 Jobfully LLC
WHAT ABOUT
CULTURE
???
Culture permeates everything
© 2016 Jobfully LLC
Your culture manifests itself
in ALL your decisions.
© 2016 Jobfully LLC
Your culture is rooted in
the belief system
of the startup leader(s).
© 2016 Jobfully LLC
Want to have
an awesome culture?
First, evaluate your own
belief system.
© 2016 Jobfully LLC
MULTIPLIERS
Referrals
Process and Infrastructure
© 2016 Jobfully LLC
Referrals Can Come from Anywhere
Referrals = Other people recruiting for you
•Employee referrals
•Network referrals
•Candidate referrals
•Job description referrals
•Stranger referrals
© 2016 Jobfully LLC
Basic
Advanced
Process and Infrastructure
•Make build-measure-learn do-able
•Enable targeted improvements to generate most
business impacts possible
•Increase the efficiency and speed of building a
high-performing team
•Low hanging fruit w/ high ROI if done right
© 2016 Jobfully LLC
www.colourbox.com
www.hometalkies.com
© 2016 Jobfully LLC
Don’t do average.
Average startups fail.
© 2016 Jobfully LLC
To excel in building
your startup team
is
to survive
© 2016 Jobfully LLC
And…
it starts with
YOU
© 2016 Jobfully LLC
How to find me
Mei Lu - mei@jobfully.com
linkedin.com/in/meiiam
@meiiam
www.Jobfully.com
www.Geekology.biz
© 2016 Jobfully LLC
Further Exploration
• HowTo Hire Engineers: Step 0,WhatTo Look For
(https://jocelyngoldfein.com/how-to-hire-engineers-step-0-
what-to-look-for-85ae44bf0a1c)
• Organizational Blueprints for Success in High-Tech Start-Ups:
Lessons from the Stanford Project on Emerging Companies
(http://cmr.berkeley.edu/documents/sample_articles/2002_44_3
_4776.pdf)
• DiverseTeams Feel Less Comfortable — andThat’s WhyThey
Perform Better (https://hbr.org/2016/09/diverse-teams-feel-less-
comfortable-and-thats-why-they-perform-better)
• Startup Genome Report Extra on Premature Scaling
(https://s3.amazonaws.com/startupcompass-
public/StartupGenomeReport2_Why_Startups_Fail_v2.pdf)
© 2016 Jobfully LLC

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Building startup teams for the win Mei_Lu

  • 1. BUILDING YOUR STARTUPTEAM FORTHE WIN Mei Lu Jobfully.com | Geekology.biz
  • 2. About Me Geekology •Technical talent advisory and solutions (training and consulting) for growth startups Jobfully •Job and career coaching for software engineers and developers © 2016 Jobfully LLC
  • 3. SCOPE OFTHETALK © 2016 Jobfully LLC
  • 4. Stages ofTech Startups •Founding • Prod team: 1-3 •Seed • Prod team: 3-10 •Growth • Prod team: 10-30 •Expansion • Prod team: 30-100ish •Pre-IPO • Prod team: a whole bunch of people © 2016 Jobfully LLC
  • 6. Your Plan – Founding Stage www.pinterest.com/fungiexpress/illustration-comic/ © 2016 Jobfully LLC www.comicvine.com Bruce Wayne Diana Prince superfriends.wikia.com/wiki/Wonder_Woman
  • 7. Your Plan – Seed Stage screenrant.com© 2016 Jobfully LLC
  • 8. Your Plan – Growth Stage and Beyond http://dc.wikia.com/© 2016 Jobfully LLC
  • 10. Building an average team is easy. Building a high-performing team is hard. © 2016 Jobfully LLC
  • 11. What’s wrong with average ? © 2016 Jobfully LLC
  • 12. Average startups die. © 2016 Jobfully LLC 90% of startups fail.
  • 14. Building aTeam… is a Process Before you start - •Identify business goals that can’t be achieved with the current team •Define the role(s) to best meet business goals © 2016 Jobfully LLC
  • 15. Building aTeam… is a Process What it looks like •Attract •Recruit •Retain •Perform •Refer (Hint –Think “growth hacking”) © 2016 Jobfully LLC
  • 17. Mei’s StartupTeam Metrics How do candidates find you? Do candidates have a great experience? Do people stay? Is the team creating value for the business? Do people tell others? Hire Attract Recruit Retain Perform Refer © 2016 Jobfully LLC
  • 18. Building aTeam… Measuring Success How do candidates find you? Do candidates have a great experience? Do people stay? Is the team creating value for the business? Do people tell others? Hire Attract Recruit Retain Perform Refer © 2016 Jobfully LLC
  • 22. Build-Measure-Learn •Start with best practices – learn from other people’s mistakes •Measure and learn what works for you •Establish your own best practices •Don’t stop measuring and learning – continuously improve © 2016 Jobfully LLC
  • 23. Attraction Recruitment Retention Performance Referrals Measure: • % of people advancing • Value & cost per person Learn: • What made them stay? • What didn’t they like? Measure: • % of people leaving • Value & cost per person Learn: • What made them leave? • What did they like? Mei’s Lean StartupTeam Metrics: Build-Measure-Learn © 2016 Jobfully LLC
  • 24. THE STARTING POINT BEST PRACTICES Aim for excellence (top 10%), not average © 2016 Jobfully LLC
  • 26. PRE-HIRING Are you getting the right candidates? Do the right candidates want to join you? © 2016 Jobfully LLC
  • 27. Look for PeopleWhoThrive in Startups •T-shaped skills •Pragmatic (prioritizing business impact) •Comfortable with unknown and ambiguity •Quick and eager learner •Get things done w/ limited resources •Ownership © 2016 Jobfully LLC
  • 28. Avoid Startup Killers at All Costs •“Not my job” •Lack of business mindset •Dogmatic •Needs lots of structure •Resists change and learning •Can’t get things done differently •Victimship – the opposite of ownership © 2016 Jobfully LLC
  • 29. How to Hire: HenryWard, CEO of eShares Hiring Principles: • Hiring means we failed or will fail to execute and need help • Startup employee effectiveness follows a power law • False Positives are ok, False Negatives are not • Culture is defined by who we hire Hiring Heuristics: • Hire for Strength vs Lack of Weakness • Hire forTrajectory vs Experience • Hire Doers vsTellers • Hire Learners vs Experts • Hire Different vs Similar • Always pass on ego © 2016 Jobfully LLC https://medium.com/swlh/how-to-hire-34f4ded5f176
  • 30. How to Hire: HenryWard + Mei’s Mods Hiring Principles: • Hiring means we failed or will fail to execute and need help • Startup employee effectiveness follows a power law • False Positives are ok, False Negatives are not (i.e. look for hidden gems) • Culture is defined by who we hire Hiring Heuristics: • Hire for Strength vs Lack of Weakness • Hire forTrajectory vs Experience • Hire Doers vsTellers • Hire Learners vs Experts • Hire Different vs Similar • Always pass on ego • Hire to Lead vs Delegate Hire for Future vs Past © 2016 Jobfully LLC
  • 31. What Do CandidatesWant? •Career-defining experience – know their career aspirations •Opportunities to apply under-utilized talents – to prove themselves •Interesting and challenging work •A great candidate experience – seek validation •A leader they believe in •A vision & mission they can stand behind •Business traction Thinking long(er) term © 2016 Jobfully LLC
  • 32. Candidate Sources •Your existing network •Your new connections – grow your network •Right job boards (AngelList, Hacker News, Reddit, GeekWire, etc.) •Personally proactively seek out “the one(s)” © 2016 Jobfully LLC Easy Hard
  • 33. SellingYour Startup •Have a clear, concise, repeatable message •Know what you uniquely offer •Make it easy to reach you •Don’t out-source relationships © 2016 Jobfully LLC
  • 34. POST-HIRING Do people stay? Does the team perform? © 2016 Jobfully LLC
  • 35. Why Do People Stay? •Things they were looking for during pre-hiring – promises kept •Recognition – contribution confirmation •Harmonious relationships with co-workers – respectful and collaborative •Sense of progress – personal and company-wise •On board with leadership’s decisions - transparency © 2016 Jobfully LLC
  • 36. Why Do People Stay? •“My opinions matter” – voice being valued and heard •Career and personal growth – learning and development •Visible impact – measurable results of effort •Performance management / reward system that makes sense •Compatible with personal life © 2016 Jobfully LLC
  • 37. Getting theTeam to Perform. How? (now that’s the million dollar question) © 2016 Jobfully LLC
  • 38. Getting theTeam to Perform. How? (now that’s the billion dollar question) © 2016 Jobfully LLC
  • 39. What Does ItTake? A Good Starting Point: •Always connect business goals to daily activities •A well thought out performance management and reward system •Cultivate intrinsic motivation Autonomy Mastery Purpose Drive:The Surprising Truth AboutWhat Motivates Us by Daniel Pink © 2016 Jobfully LLC
  • 41. Constant effort Blind spots © 2016 Jobfully LLC
  • 42. On-going build-measure-learn makes it easier and smarter © 2016 Jobfully LLC
  • 43. WHAT ABOUT CULTURE ??? Culture permeates everything © 2016 Jobfully LLC
  • 44. Your culture manifests itself in ALL your decisions. © 2016 Jobfully LLC
  • 45. Your culture is rooted in the belief system of the startup leader(s). © 2016 Jobfully LLC
  • 46. Want to have an awesome culture? First, evaluate your own belief system. © 2016 Jobfully LLC
  • 48. Referrals Can Come from Anywhere Referrals = Other people recruiting for you •Employee referrals •Network referrals •Candidate referrals •Job description referrals •Stranger referrals © 2016 Jobfully LLC Basic Advanced
  • 49. Process and Infrastructure •Make build-measure-learn do-able •Enable targeted improvements to generate most business impacts possible •Increase the efficiency and speed of building a high-performing team •Low hanging fruit w/ high ROI if done right © 2016 Jobfully LLC
  • 51. Don’t do average. Average startups fail. © 2016 Jobfully LLC
  • 52. To excel in building your startup team is to survive © 2016 Jobfully LLC
  • 53. And… it starts with YOU © 2016 Jobfully LLC
  • 54. How to find me Mei Lu - mei@jobfully.com linkedin.com/in/meiiam @meiiam www.Jobfully.com www.Geekology.biz © 2016 Jobfully LLC
  • 55. Further Exploration • HowTo Hire Engineers: Step 0,WhatTo Look For (https://jocelyngoldfein.com/how-to-hire-engineers-step-0- what-to-look-for-85ae44bf0a1c) • Organizational Blueprints for Success in High-Tech Start-Ups: Lessons from the Stanford Project on Emerging Companies (http://cmr.berkeley.edu/documents/sample_articles/2002_44_3 _4776.pdf) • DiverseTeams Feel Less Comfortable — andThat’s WhyThey Perform Better (https://hbr.org/2016/09/diverse-teams-feel-less- comfortable-and-thats-why-they-perform-better) • Startup Genome Report Extra on Premature Scaling (https://s3.amazonaws.com/startupcompass- public/StartupGenomeReport2_Why_Startups_Fail_v2.pdf) © 2016 Jobfully LLC