You can be on Entrepreneur’s cover!

Startups seeking out & hiring the best resources from various MNCs & global consulting firms An organization is built and grows due to the people working in it

By Priyannkaa Dey

Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Shutterstock

With investments rolling in and a hopeful expansion trajectory in the future, new business houses in India are on a roll. With unusual ideas and long term vision, these startups are now looking forward to hiring talented people who can take their business forward and help the organization to grow.

To hire human resources who are suitable for the job, the organization has to maintain the image of an "employee friendly company' to attract the right people. For example, many new startups are trying to attract the young crowd to work for them. Therefore, they brand the organization with tags such as "young, lively workplace' etc.

Enthusiastic people can change the dynamics of the business and put in their own ideas in taking it forward. Therefore, the major boost to the already flourishing startup scene in India can only come from the people in it apart from good investments.

Planning & strategizing are required for any business, but to put them into action, a startup has to be always ready to make space for people from the same industry who are willing to join them.

Recently, startups like Pepper-Tap have been on a hiring spree after the recent $36 million funding. They are aggressive in taking in the best people and prepared to go to any length. Devadas Krishnan was roped in as the head of operations from Vodafone Business Services, and Tahseen Quadri joined as the head of marketing after working for Airtel for 9 years.

However, it is not that easy because experienced people are not willing to join startups willingly. They have to be coaxed, persuaded and it involves big money too. If they still do not agree, then networking skills come in to play and other people help in bringing them in!

Experienced people know the "when and how' of the whole process and industry. Therefore, organizations mostly don't give up when they have decided that they will need that particular person. It is almost like hunting in a jungle.

Normally these details are kept confidential until the person is on board and to do that sometimes, it may take months for the top leadership. However, another major factor that has been observed is that people who are just joining for money are not appreciated. This is because there is always a risk with such people that they may leave if they get an even higher pay package, thus, making it more difficult in the long run for the startups to grow.

It is not always about money and the inability of these startups to pay well. They have ample funding sources and that's not the dilemma. The problem lies in hiring people whose only focus is a big pay package. A growing organization needs a lot of hard work. A top management person whose motivation is "only' money might not put in that much effort and fail to inspire his team.

More often than not, people who fervently believe in the idea of that particular startup and have consulting experience are the sought-after ones, especially for marketing and client relations. Nevertheless, it is observed that normally it is the "idea' and thrill factor of starting something from the scratch that pulls senior executives to a particular startup and not the money!

With new startups mushrooming rapidly in the country, we might get to see more top management transitions in the coming days.

Priyannkaa Dey

Sr Sub-Editor, Entrepreneur India

With around five years of editorial and writing experience from magazines such as ‘DataQuest’, ‘Leisure & Resorts’, ‘Voice&Data’; Priyanka has also worked in the digital communication department of organizations like ‘Brentwoods’; ‘n & n Chopra Consultants Pvt. Ltd’ and ‘Delhi Public School Greater Faridabad’. Her interests include blog reading and writing. The author is a senior sub-editor at 'Entrepreneur Online' and has completed her studies from Jamia Millia Islamia.

Leadership

You Won't Have a Strong Leadership Presence Until You Master These 5 Attributes

If you are a poor leader internally, you will be a poor leader externally.

News and Trends

Attack on Data: How Industries are Suffering Due to a 32% Jump in Harmful Bots

According to the 2024 Imperva Bad Bot Report, bad bot traffic levels rose for the fifth consecutive year, indicating an alarming trend

Business News

Samsung Makes 6 Day Workweeks Mandatory for Executives as the Company Enters 'Emergency Mode'

Samsung said its performance "fell short of expectations" last year. Now executives are required to work weekends.

Business News

I Tried Airchat, the Hottest New Social Media App in Silicon Valley — Here's How It Works

Airchat is still invite-only and prioritizes voices with no option to upload photos or write text, making it feel more human than Facebook or Reddit.

Science & Technology

How Can Marketers Use ChatGPT? Here Are the Top 11 Uses.

With the recent developments in AI and the popularity of ChatGPT, you may want to integrate AI into your marketing practices. Find out how.

News and Trends

As a 'Different' BTC Halving Closes In, Here's What the Industry Predicts

When analyzing the past data and spikes, the price of BTC has touched an all-time high post the halving events. But this time it will be different