May - 2016 - issue > CXO Insights

Building Startup Ready Teams

Rahul Garg, Founder & CEO, Moglix
Friday, June 3, 2016
Rahul Garg, Founder & CEO, Moglix
Headquartered in Singapore, Moglixis the online technology platform catering mainly to the B2B sector with a wide assortment of genuine industrial goods and products from top global and Indian brands.

"The secret of my success is that we have gone to exceptional lengths to hire the best people in the world" - Steve Jobs

Hiring is one of the very well researched and well documented subjects in business. In many established organizations, there is a separate HR function that takes care of the recruitment process which is a robustly set and laid out procedure. They look primarily for a role fitment with the past experience of the candidate, and the latter is well aware of the career progression in the organization.

In a startup organization, building the early stage team is a different ball game, with uniquely critical aspects attached to it. There is multitude of challenges that an entrepreneur faces starting from finding good talent with the limited available resources to sharing the vision to the potential hires, making the team go through the hardship of building a business out of scratch and so on so forth. While the challenges may appear to be manifestation of demand and supply, in reality it is more than that and has its own pit falls if not paid due attention to critical softer elements. While hard skills like technical knowledge, relevant experience are hygiene, the softer ones are recipe for a great organization in the making. Here are the top five elements that go a long way in building a great startup ready team.

• Right Attitude: In a startup, more than anything, what matters most is the right attitude of the people. In an unstructured environment with scarce resources in hand, the initial team is expected to improvise with whatever it has. That also brings out the best of the team and harnesses a bond within which lasts longer. Research shows that the success of a startup depends on and is highly correlated to the duration the core team sticks together.

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