(Audio) How to lure corporate talent to a startup?

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(Audio) How to lure corporate talent to a startup?

How to lure corporate talent in a Startup?

 

I think most entrepreneurs will know that it never goes right … you see stories in the media of overnight successes … but most founders will know this is not the case.
William Laitinen, CEO and Founder Exige

The Founder

We talk to William Laitinen (https://www.linkedin.com/in/william-laitinen-93282/https://twitter.com/WilliamLaitinen), co-founder of Exige International an executive search agency (https://www.exigeinternational.com/).

During this interview, we are talking to him not only as a founder, who bootstrapped his company, sleeping on his cousins’ couch, but also who survived the global financial crisis starting in 2008.

 

A lesson to learn – from early on as possible – is: You are going to be facing problems in your team and your organization.
William Laitinen, CEO and Founder Exige

 

Affiliate Links

The hard thing about hard things
https://amzn.to/2S62X30
Ben Horowitz tells his story from an employee, afraid to lose his job to CEO of a company caught in the dotcom bubble to VC investor
Zero to One: Notes on Start Ups, or How to Build the Future https://amzn.to/37H2MSp Peter Thiels, the famous investor tells you his mental framework to think about innovation
Blitzscaling: The Lightning-Fast Path to Building Massively Valuable Companies https://amzn.to/2Ob0xyS Reid Hoffmans, the founder of LinkedIn, advice on scale fast

 

Freakonomics: A Rogue Economist Explores the Hidden Side of Everything

https://amzn.to/2v97KZG

Read-worthy book to familiarize yourself with economic theory, or learn more about how to apply it.
Need a bank account? Try our partner Penta http://bit.ly/3bdHX3d
Need space to work? Try our partner WeWork https://we.co/2GYbxvS
Looking for someone to design a logo, do a transcript or a voice-over? Find all of it and more at our partner Fiverr http://bit.ly/2S0f2YF
You can listen to Venture Capital books or entertainment on your way to work with an audible subscription – you get the first month for free

https://www.amazon.de/dp/B00NTQ6K7E?tag=startupradi0e-21

Find all the links and Wiliam’s advice for hiring people here

https://www.startuprad.io/blog/how-to-lure-corporate-talent-to-a-startup/ 

 

Feedback

Reach out to us, here is our audience survey, to give us feedback, suggest topics, interview partners or just to say “Hallo!” https://forms.gle/mLV6mVKwGwKuut8BA

By |2020-04-07T17:56:21+02:00April 7th, 2020|0 Comments

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How to lure corporate talent to a startup?

How to lure corporate talent in a Startup?

 

I think most entrepreneurs will know that it never goes right … you see stories in the media of overnight successes … but most founders will know this is not the case.
William Laitinen, CEO and Founder Exige

The Founder

We talk to William Laitinen (https://www.linkedin.com/in/william-laitinen-93282/, https://twitter.com/WilliamLaitinen), co-founder of Exige International an executive search agency (https://www.exigeinternational.com/).

During this interview, we are talking to him not only as a founder, who bootstrapped his company, sleeping on his cousins’ couch, but also who survived the global financial crisis starting in 2008.

 

A lesson to learn – from early on as possible – is: You are going to be facing problems in your team and your organization.
William Laitinen, CEO and Founder Exige

 

Affiliate Links

The hard thing about hard things
https://amzn.to/2S62X30
Ben Horowitz tells his story from an employee, afraid to lose his job to CEO of a company caught in the dotcom bubble to VC investor
Zero to One: Notes on Start Ups, or How to Build the Future https://amzn.to/37H2MSp Peter Thiels, the famous investor tells you his mental framework to think about innovation
Blitzscaling: The Lightning-Fast Path to Building Massively Valuable Companies https://amzn.to/2Ob0xyS Reid Hoffmans, the founder of LinkedIn, advice on scale fast

 

Freakonomics: A Rogue Economist Explores the Hidden Side of Everything

https://amzn.to/2v97KZG

Read-worthy book to familiarize yourself with economic theory, or learn more about how to apply it.
Need a bank account? Try our partner Penta http://bit.ly/3bdHX3d
Need space to work? Try our partner WeWork https://we.co/2GYbxvS
Looking for someone to design a logo, do a transcript or a voice-over? Find all of it and more at our partner Fiverr http://bit.ly/2S0f2YF
You can listen to Venture Capital books or entertainment on your way to work with an audible subscription – you get the first month for free

https://www.amazon.de/dp/B00NTQ6K7E?tag=startupradi0e-21

The Startup

 William started headhunting in financial services (Mergers and Acquisitions) and strategy consultancies during the early 2000s, with a laptop and a phone. He classically bootstrapped his company, starting crashing on the couch of his cousin and working his way up from there. He called it “the golden age of headhunting,” and like many others he thought it would always go on like this. So, he was in a great spot, just before the bankruptcy of Lehmann Brothers which almost froze hiring in Investment Banking and strategy consulting.

 

I was in the worst place you could be in the financial crisis … I didn’t do a deal for 18 months.
William Laitinen, CEO and Founder Exige

 

William used the global financial crisis to change his focus and now is working primarily with insurance companies in Western Europe, specifically in Switzerland, as well as with insurtechs.

 

You will face a whole heap of problems and challenges starting a company … Who you want to hire is really really important in overcoming the problems you will be facing.
William Laitinen, CEO and Founder Exige

Advice in Hiring

 

People leave their job for just two reasons: Logic and emotions.
William Laitinen, CEO and Founder Exige

 

William talks about hiring for startups, especially about the importance of the first hires. He is recommending looking for four core values in the new hires:

  • Integrity
  • Humility
  • Assertive
  • Resilience
  • You could add curiosity

 

I love hiring people smarter than me! You turbo charge your environment.
William Laitinen, CEO and Founder Exige

 

William also encourages founders to look for cognitive differences, especially in the first employees. Ideally, you hire someone smarter than you with different thinking, so he/she will be able to attack problems in another way. He is recommending a different gender, ethnicity or different demographics.

 

Lay down your values as early as possible. Pursue them relentless.
William Laitinen, CEO and Founder Exige

 

During the interview, he also gets hints on why people are leaving their corporate job, but you need to tune in to learn about it.

Good to Great (the book William is talking about) (AL) https://amzn.to/3dOOgvA

The Video Interview is set to go live on April 2nd 15.00 CET (10 am US East Coast Time, 14.00 London)

 

 

Insurance is facing an existential threat to its business model.
William Laitinen, CEO and Founder Exige

 

Further Readings

2008 Financial Crisis: https://en.wikipedia.org/wiki/Financial_crisis_of_2007%E2%80%9308

Lehman Brothers insolvency: https://en.wikipedia.org/wiki/Lehman_Brothers

Game of Thornes – For the few people who don’t know it yet:

https://www.youtube.com/user/GameofThrones

Re-Insurance companies https://www.investopedia.com/terms/r/reinsurance.asp

Insurance companies https://www.investopedia.com/terms/i/insurance.asp

An insight in insuring art https://www.artworkarchive.com/blog/how-to-insure-your-art-collection-the-right-way

Good to Great (the book William is talking about) (AL) https://amzn.to/3dOOgvA

80/20 principle / Pareto Principle https://en.wikipedia.org/wiki/Pareto_principle

Vilfredo Pareto https://en.wikipedia.org/wiki/Vilfredo_Pareto

 

Feedback

Reach out to us, here is our audience survey, to give us feedback, suggest topics, interview partners or just to say “Hallo!” https://forms.gle/mLV6mVKwGwKuut8BA

By |2020-04-02T14:09:50+02:00April 2nd, 2020|blog, Exclusive, Interviews|0 Comments

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