Hiring your first group of employees for your new company can be just as daunting as it is exciting. Trusting others with your company can be a big step for any founder, even without worrying about hiring the wrong person.
More than 75 percent of employers admit to hiring the wrong person, according to Career Builder. The only thing worse than a wrong candidate, is a bad candidate; especially when bad hires cost an average of $17,000 in company expenses.
Luckily, entrepreneurs who have hired both excellent and terrible employees share their experiences and advice of how to avoid the most common mistakes.
Learn the major hiring mistakes – and how to avoid them, and more in this edition of Founders Flash.
- The 3 most common -- and costly -- hiring mistakes (Entrepreneur)
- The secrets of viral content and how to create it (Forbes)
- Consumer Reports will now grade your appliances on how hard they are to hack (Fortune)
- 5 lessons learned from 100 days of rejection (Inc.)
- The New York Times is going to start running its reporters’ tweets inside the newspaper (Recode)
- Lessons learned when women founders go against the flow (Tech Co.)