Episode
One Question Friday: Hiring Your First Employee
12:09
Published: Fri May 13 2022
Description
Shaan Puri (@ShaanVP) answers one listener's question. On this episode, a UK-based listener asks how to approach making their first hire at their startup. To submit your question and hear yourself on My First Million, go to MFMPod.com and click on the circle with the microphone in the lower right hand corner. ----- Links: * Do you love MFM and want to see Sam and Shaan's smiling faces? Subscribe to our Youtube channel. * Want more insights like MFM? Check out Shaan's newsletter.
Chapters
The decision to hire a product manager for your startup depends on the team's size and the founder's role.
00:00 - 03:35 (03:35)
Summary
The decision to hire a product manager for your startup depends on the team's size and the founder's role. Non-technical founders should focus on assessing customers' needs and writing specs, while technical founders may benefit from delegating product management to a specialized role.
EpisodeOne Question Friday: Hiring Your First Employee
PodcastMy First Million
The level two person in a startup is like a CEO or an executive - they're not day to day actually making their product, but they're hiring and firing and promoting and incentivizing and structuring the company in a way where it will produce things that the customers want.
03:35 - 07:56 (04:21)
Summary
The level two person in a startup is like a CEO or an executive - they're not day to day actually making their product, but they're hiring and firing and promoting and incentivizing and structuring the company in a way where it will produce things that the customers want. The CEO's job of a startup is to first figure out how to make a product that customers want and then fire themselves out of the process of making that thing.
EpisodeOne Question Friday: Hiring Your First Employee
PodcastMy First Million
The best way to find the right person for your business is to hire, make mistakes, and learn from them.
07:56 - 11:51 (03:54)
Summary
The best way to find the right person for your business is to hire, make mistakes, and learn from them. Be honest with yourself and be thoughtful each time you assess the hiring process.