Starting a High Tech Business: No Cold Hires:
[Via Phil Windley's Technometria]
Image via Wikipedia
I’m starting a new business called Kynetx. As I go through some of the things I do, I’m planning to blog them. The whole series will be here. This is the twenty-first installment. You may find my efforts instructive. Or you may know a better way–if so, please let me know!
In the past two weeks Kynetx has doubled in size. There’s lots to do and the resources to make it happen, so getting more people became a priority. Getting the right people became the most important thing Steve and I could do for the long term health of the company.I’ve been in lots of hiring situations before–at iMall we grew from three people to over 125 in a little over 16 months. I’ve learned a few things. The most important being that mistakes in hiring can cause untold grief later on down the road. You definitely want to get this right the first time–iterating to a solution is too expensive.
I’m in firm agreement with Joel Spolsky on what constitutes getting it right: hire people who are “smart and get things done”. That’s not easy; the good people aren’t usually out looking for jobs. They’ve already got jobs where they’re respected and well compensated because they’re “smart and get things done.”
One good rule of thumb for getting good employees is “no cold hires.” Four out of the five people we hired this past week are good friends who Steve and I have worked with in multiple ventures in the past. The fifth was someone who had worked closely with another key member of the team in mutliple ventures. We know these people well: we know their personality, we know their strengths, and we know their weaknesses. And…they know ours. Most importantly, we know they’re “smart and get things done.”
[More]
This is one reason why answering ads and sending out resumes are only a small part of looking for a job. They are necessary because they can work but sometimes only indirectly.
My first job, at Immunex, started as just a resume I sent to them. But it came across the desk of someone I had shared a room with at a recent conference. He knew me and instituted the interview process.
The resume was cold but the interview was hot.
That is why networking needs to be a constant and continuing process. Luckily, many people want to help you find a job. Humans are pretty nice that way. You just have to give them a way and networking is one way.
The hires may not be hot but lukewarm can make a big difference in this economic climate.
Technorati Tags: Economy, Government



A quick analysis of online social networks, such as LinkedIn and Xing would suggest that a mere 1 in 7 research scientists use such tools as part of their work. This contrasts starkly with the business world where uptake is up to 88%. In other words almost 9 out of every ten employees in the commercial world are using online networking.

