Can you win back top talents to your team?
How to win back employees: To win back top talents, you need to understand why they left in the first place.
30 sept. 2024
February 16, 2023.
Partner with us. Your target audience are our besties! By partnering with us, you'll be positioning your brand, product or services to reach thousands of captivated readers that are eager to learn about what you have to offer.
Reach out to Seye, Our Head of Media, to Partner
I joined this conversation on why founders find it so hard to hire c-level executives and you should see the comments 😂😂... Come along with your popcorn and drinks, it’s a long thread but definitely worth your while.
In Today’s Edition
What We Have Learnt From Hiring C-Level
Why Your Job Offers Keep Getting Rejected
Get in Now, Or Lose Your Chance
From an Unsuccessful Video Game to a $26B Startup
The C-suite of the Modern Workforce
How Startup Founders Estimate Risk
What We Have Learnt From Hiring C-Level
The excitement that comes with hiring your first c-level executives is unmatched. It feels like you have found the best person to solve all your problems and take your company from zero to max in no time - a perfect fit!
Infact, I would be surprised if you weren’t excited. C-level executives have mastered the art of sounding good with minimal set of accomplishments, after all, isn’t work a type of performance art?
Having C-level professionals on your team is not a bad thing at all, infact, data from Forbes’ Next Billion Dollar startups in 2022 show that companies that may reach the $1bn ‘unicorn’ valuation tend to have 3–4 c-suite executives on their team.
But, is it worth the cost?
Here’s my take from lessons learnt in closing c-suite roles here at CareerBuddy for our clients:
1. Ensure the timing is right
The ideal time to hire a C-suite executive varies and depends on a number of factors. This is because every startup is unique in their industry and audience. While some businesses require a c-suite executive right away, others may require one much later. However, it’s best to hire a C-suite executive when feasible.
2. Count the cost
C-suite executives are “high maintenance” specialized professionals. So you will need to make room for physical infrastructures, competitive “salary” and readily available support man-power to implement projects- and this requires that you have deep pockets. So, if you need a “cost friendly” T-shaped professional with a wider range of skill sets, C-suite isn’t your best bet.
3. Establish a good fit
It’s easy to fall victim of impostors when hiring c-level because they’ve mastered the art of selling themselves. So the hiring process is much more rigorous. At CareerBuddy, we ensure to clearly define expectations, rigorously interview and double check references before we go on to negotiate.
4. Perform reality checks
Beyond placing new c-suite hires on a probationary period, regular check-ins are important. Checks are important to separate knowledge from action and measure performance based on key metrics.
Making a bad hiring decision for an entry-level employee may have is consequences, but a bad C-level hire will be much more catastrophic which is why we apply a holistic approach to hiring C-level executives. Our results speak for themselves. Here’s what a recently hired C-level executive we hired for one of our clients recently has to say about us:
"CareeBuddy's hiring process was really smooth to follow. You don't get a lot of recruiters who are masters at C-level hiring. They were available and responsive all through the entire process".
Need our professional hand in recruiting a high performing team? Contact me.
SPECIAL FEATURE
Simplify Your Payroll with Deel
Deel is your all-in-one platform for global team onboarding, equipment, payroll, and more.
Get an exclusive 10% Discount when you get started today!
CORPORATE CULTURE AND TEAMS
Why Your Job Offers Keep Getting Rejected
There has been an increase in employee awareness that stability and loyalty in the workplace are an illusion, and workers are better off betting on themselves or even renting out their skills across multiple clients. So, now more than ever, it’s harder to get the best skills to stay without a good promise; and if you’re almost always left hanging during your hiring process,
Here’s what you might be doing wrong
WORKSHIFT WITH CAREERBUDDY
Get in Now, Or Lose Your Chance
Workshift with CareerBuddy is a virtual masterclass where you'll learn from the best in the game! If you're a startup leader, HR manager, recruiter, or founder, this exclusive event is made for you. But don't get too cozy - only 100 people can participate, and doors will be closed soon.
AS SEEN ON TWITTER
From an Unsuccessful Video Game to a $26B Startup
Twitter has become a school with endless resources, every week I will be sharing useful tweets that will be beneficial to you as you continue to build amazing products. Click on the images to view the thread.
An unsuccessful video game turned into a $26 BILLION startup.
In 8 months, it was worth $1B & became the fastest-growing B2B SaaS startup in history.
A success story you might not believe👇
— Luke Sophinos (@lukesophinos)
Feb 15, 2023
Having a Lazy team is as BAD as having no team in your startup.
You Pay them a salary,
And still, end up doing ALL THE WORK yourself!
However, you can avoid this.
Because I've been there and done that.
Here is a 6 STEP PROCESS you can use to deal with lazy employees:
— Rajiv Talreja (@rajivtalreja)
Feb 14, 2023
Finding a great co-founder for your startup is a game-changer!
The MOST important & toughest decision you will make.
A 3-step framework to help you find the important partner for your startup 👇🏼
— Karthik Sridharan (@KarthikS2206)
Feb 15, 2023
I took my last company public at $2.7B.
Scaled from 0 → 400 people in 3 years.
Now, I’m leading AI Robotics company (with 40 people).
7 things I’m doing differently in this new startup:
— Brett Adcock (@adcock_brett)
Feb 15, 2023
FROM THE LEADER’S LIBRARY
The C-suite of the Modern Workforce
When I first came across the Chief Metaverse Officer, I knew it was just the beginning. Now, Chief Opportunity Officer is the hottest role that companies like Target, Walmart and Disney are looking to add to their team. There are definitely a host of c-suite roles created since the pandemic you might want to have a look at.
MEME OF THE WEEK
How Startup Founders Estimate Risk
ABOUT CAREERBUDDY
Hire Smarter, Not Harder
At CareerBuddy, we make hiring seamless for fast-growing companies, we pride ourselves on knowing the best people that will excel in a Startup. With a candidate retention rate of 90.3%, it is safe to say “we are the best in the game for Startup hiring in Africa”.
We have worked with our partners to hire both for Technical and Non-Technical roles, we have also helped them with expansion in Africa. Some of our clients include Bamboo Invest, Helium Health, Cassbana, Cadana, Fincra, CrowdForce, Casava, TeamApt, Sabi, etc.
Are you hiring at the moment? Contact us
