The Key to Hiring Great Executives in Early Stage Companies with Chandan Lodha, Co-founder of CoinTracker
Since it enables limitless dissemination at very little cost, the internet has upended almost every major sector predicated on distribution routes. At least half of the founders' time should be spent on recruitment to develop the best possible workforce. Joining us this week to explore this topic is Chandan Lodha, Co-founder of CoinTracker, a company with the mission to increase the world's financial freedom and prosperity.
Since it enables limitless dissemination at very little cost, the internet has upended almost every major sector predicated on distribution routes. At least half of the founders' time should be spent on recruitment to develop the best possible workforce.
Spending quality time answering the following questions is essential if you want to make the best hires: what do you want the guiding principles of your company to be? What are the most important things to look for? How should you structure your hiring process and hiring playbook? How can you incorporate those guiding principles and values into our interview process?
In this episode of The Gradience Podcast, Nigel is joined by Chandan Lodha, Co-founder of CoinTracker.
👉 [ 00:03:52 ] The internet has disrupted every major industry based on its distribution channels by providing infinite distribution at little cost
👉 [ 00:18:00 ] To build the right team, "Founders spend at least 50% of their time recruiting"
👉 [ 00:18:34 ] To get the best hires, you need to spend quality time answering the following questions:
- What do you want your guiding principles to be?
- What are the most important things to look for?
- How should you structure your hiring process and hiring playbook?
- How can you incorporate those guiding principles and values into our interview process?
👉 [ 00:23:22 ] Working remotely is one of the best decisions a startup company can make. You have the opportunity to create a highly versatile talent pool cutting across numerous countries and countries
👉 [ 00:24:40 ] Strategic Partnerships contribute immensely to a company's growth in its early stages
👉 [ 00:26:06 ] "Hiring good executives is game-changing". Every hire has the potential to be game-changing.
👉 [ 00:26:22 ] Executives provide leveraged impact based on the teams and other managers that they manage, the culture that they set, the vision and influence that they have
👉 [ 00:29:41 ] To manage culture remotely, you must understand that "culture is there, whether you want it or not, and it's not what you put on the plaque on the wall". It is how people behave and especially how people behave when you're not looking
👉 [ 00:30:17 ] "A massive way that culture has influenced, especially in the early stages of a startup, is how you hire."
👉 [ 00:31:58 ] Building deep personal connections is easier in person. Periodic company retreats allow cultural values to shine, people to build those deeper personal connections, and allow the culture to grow and enhance itself while still maintaining a remote culture
👉 [ 00:36:11 ] As the effects of the crypto winter on hiring become apparent, the hype around crypto begins to wane. In addition, it makes it much simpler to determine who is genuinely value-aligned in the long term
If you’re interested in getting team-building tips from a successful founder, want a peek into being a founder in an unexplored niche, want to learn how to create an organic culture for your team, interested in knowing what it's like to be a founder in an unfamiliar industry, want to build a cross-functional team and a team with the right atmosphere, tune in to this episode of The Gradience Podcast, a Podcast by Build Talent.
And connect with Chandan here:
About the Show
“The Gradience” is a podcast by Build Talent & hosted by Nigel Robinson, wherein each episode, we’ll be speaking with a founder or expert as we discuss the art & science of hiring leaders, why it matters, and how you can keep up.