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  • Don't let your best talent leave! Do this instead๐Ÿ‘‡

    Vedran Rasic
    6 replies
    Don't let your best talent leave! Here's what I realized over the last 10yrs leading: - Orgs of 100 & 300 people - 4 self-funded startups from 0-50 people โ€” โ€” โ€” โ†’ ๐—ฌ๐—ผ๐˜‚๐—ฟ ๐—ณ๐—ถ๐—ฟ๐˜€๐˜ ๐—ผ๐—ฟ๐—ฑ๐—ฒ๐—ฟ ๐—ผ๐—ณ ๐—ฝ๐—ฟ๐—ถ๐—ผ๐—ฟ๐—ถ๐˜๐˜† ๐—ถ๐˜€ ๐˜๐—ผ ๐—ต๐—ถ๐—ฟ๐—ฒ ๐—ฝ๐—ฒ๐—ผ๐—ฝ๐—น๐—ฒ ๐—ณ๐—ผ๐—ฟ ๐˜๐—ต๐—ฒ ๐˜€๐˜๐—ฎ๐—ด๐—ฒ ๐˜†๐—ผ๐˜‚ ๐—ฎ๐—ฟ๐—ฒ ๐—ถ๐—ป. โœจ Understand that you have 3 types of people: 1๏ธโƒฃ Special ops type - best for early-stage companies 2๏ธโƒฃ Military type - best for later-stage companies 3๏ธโƒฃ Police type - best for public markets (credits to Reid Hoffman) Remember to assess stage <> experience fit. โ†’ ๐—ง๐—ต๐—ฒ ๐˜€๐—ฒ๐—ฐ๐—ผ๐—ป๐—ฑ ๐—ผ๐—ฟ๐—ฑ๐—ฒ๐—ฟ ๐—ผ๐—ณ ๐—ฝ๐—ฟ๐—ถ๐—ผ๐—ฟ๐—ถ๐˜๐˜† ๐—ถ๐˜€ ๐˜๐—ผ ๐˜€๐—ผ๐—น๐˜ƒ๐—ฒ ๐˜๐—ต๐—ฒ ๐—ฏ๐—ถ๐—ด ๐—ฃ๐—˜๐—ข๐—ฃ๐—Ÿ๐—˜ ๐—ฝ๐—ฟ๐—ผ๐—ฏ๐—น๐—ฒ๐—บ. โœจ Which is: "๐˜๐˜ฐ๐˜ธ ๐˜ต๐˜ฐ ๐˜ฎ๐˜ข๐˜ต๐˜ค๐˜ฉ ๐˜ต๐˜ฉ๐˜ฆ ๐˜ฃ๐˜ฆ๐˜ด๐˜ต ๐˜ฑ๐˜ฆ๐˜ฐ๐˜ฑ๐˜ญ๐˜ฆ ๐˜ธ๐˜ช๐˜ต๐˜ฉ ๐˜ต๐˜ฉ๐˜ฆ๐˜ช๐˜ณ ๐˜ฎ๐˜ข๐˜ต๐˜ค๐˜ฉ๐˜ช๐˜ฏ๐˜จ ๐˜ณ๐˜ฆ๐˜ด๐˜ฑ๐˜ฐ๐˜ฏ๐˜ด๐˜ช๐˜ฃ๐˜ช๐˜ญ๐˜ช๐˜ต๐˜ช๐˜ฆ๐˜ด..." To do that, follow the "Zone of Genius" method: ๐—ฆ๐˜๐—ฟ๐—ฒ๐—ป๐—ด๐˜๐—ต <> ๐—ง๐—ฎ๐—น๐—ฒ๐—ป๐˜ <> ๐—ฆ๐—ธ๐—ถ๐—น๐—น. 1๏ธโƒฃ A strength is anything that gives you energy. It can be a task or activity that you enjoy doing. 2๏ธโƒฃ A talent is an innate ability that can't be taught. It is something that you are naturally good at, and that comes easily to you. 3๏ธโƒฃ A skill is a competency that can be taught. It is something that you have learned through practice and experience. (read more in "The Great CEO Within" by Matt Mochary) When all three are aligned, people are in their Zone of Genius โ€“ the sweet spot where their strengths, talents, and skills come together to create the best work. Just then, we can talk about... 1. Culture. 2. Ownership. 3. Growth mindset. 4. Compensation packages. 5. _ _ _ _ _ (name yours)? โ€”โ€”โ€”โ€”โ€”โ€”โ€”โ€”โ€” ๐Ÿ‘‹ Hey, I'm Ved, Founder of LeadDelta, voted no1 SaaS Product of 2022 by Product Hunt community. โœ… I share tactics & stories of operating a tech startup. Follow me on Product Hunt for more of these.

    Replies

    Apostolos Toptsis
    This is a great discussion! Interesting on the 3 types of people as you put it for the stage of your company. Iโ€™m a new founder, and although with a very deep entrepreneurial background, this is really insightful
    Andrea Clark
    Thanks for a fantastic advice. Keep it up !
    Allison Ly
    Great advice1 Thank you for taking time to make the list!