Startups Are On Hiring Spree, Failed Entrepreneurs Are Hot Catch

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BANGALORE: Startup’s hunt for talents is becoming a big failure as they hire entrepreneurs, those who have tried once and failed in their ventures.



"The most significant unique trait of entrepreneurs is that they make things happen, they will do whatever it takes - nothing is too inferior or infra dig," said TN Hari, the director of human resources at taxi services aggregator, TaxiForSure. The company has appointed around 10 ex- entrepreneurs and is planning to hire additional five.



"Start-ups require these kinds of people who long for the big audacious achievements," said Hari. Most of those selected people have been taken in to operations and marketing. But there is some common anticipation that all of them should be entrepreneurial.



According to professionals, this trend has the capability to make some positive changes throughout the booming startups in India, where not less than two ventures are set each day. Hardly one out of ten gets succeeded while the other falls by the wayside, creating a pool of entrepreneurs who strive to handle failure.



"In the past, the only companies keen on hiring a failed entrepreneur would be in the consulting, public relations, marketing and advertising space. However, now startups in various sectors are looking for former or failed entrepreneurs," said Aditya Narayan Mishra, president of staffing firm Randstad India.



READ MORE: 8 Strategies For The Entrepreneurs To Have Work-Life Balance  and Commonfloor.Com Acquires Flat.To



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