There are three complete essentials of building a successful venture. Firstly Number 1 is an idea which you have confidence on. Secondly Pvt Ltd Company Registration. And last, but by no mean the least, a team who believes in you and your company registration and a team on which you can bank upon.
The first essential, i.e. an idea is something which you can get from discussions with friends or even primary research on internet. The second requirement i.e. a Pvt Ltd Company Registration is something which can be get from a Company Registration Consultants. But the Third and most essential part i.e. building a Team is something which only and only co-founder of the Company Registration can do.
Building a team for new company registration is painstakingly difficult process and often co-founders are constrained by factors such as limited resources, lack of brand power to attract talent, not enough paying strength etc. etc.
These all obstacles can be overcome by co-founder of new company registration by having confidence on your Pvt Ltd Company Registration and by following the below mentioned ways:
Some positions require horses for courses whereas some positions require multi tasker: As co-founder of new company registration, before hiring for any particular position be sure whether you need multi tasker for that position or whether you need someone with very specific talents.
Try to get maximum resume: Once you are sure about the skill sets, try to get maximum resumes. It is advisable to take paid service of job portal as it gives you an access to large database.
Do not Wait for Right Candidate: Remember that there is no right candidate. There will always be some deviations in your expectation and the skill sets. But go with the candidate about whom you feel that she will fit in the culture in the best way.
Never Overcommit on Compensation: Even if you are getting a Steve Jobs, never overcommit on the compensation part as money is the scarcest resource for a new company registration. Sooner or later, either your company registration or the team member will start feeling the heat of high salary which she is drawing. Rather than compensate her with ESOP. Remember to take proper legal advice for ESOP Agreement.