Experience Matters When Choosing Your Early Stage Startup Team

Every team member’s knowledge and experience will play a big role in your startup’s successes and failures. The truth is, not every position, role, or task requires the very best to achieve the best results. Answer these three questions to make informed and confident hiring decisions.GETTY

Regardless of project scope or budget, every team member’s knowledge and experience will play a big role in your startup’s successes and failures. The truth is, not every position, role, or task requires the very best to achieve the best results. 

A smart entrepreneur knows how to assign the right position to team members that best fit. This hiring skill plays a big role in your ability to minimize and optimize costs while increasing your chances of startup success. Answer these three questions to make informed and confident hiring decisions.

1. How Experienced Are You?

Think about experienced candidates as advisors and consultants. Not only are they more efficient at their job, but also can help you make the right decisions and guide you throughout the way.

In other words, if you are entering a new space or need to hire for a position that does not fall under your area of expertise, what you need is someone who will not only get the job done but also tell you what job needs to be done.

Small mistakes can add up very quickly and amount to large sums of money. It’s important to value the extra cost of hiring experienced team members from the perspective of the cost savings realized from a clearer plan and execution. 

Nonetheless, if you are hiring for a role you are experienced in where hires can follow your leadership, less experienced candidates can be the right fit for the job if you are looking to minimize overhead expenses.

Read more: forbes