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What to Look for in Your First 5 hires

Hiring your first employees for your new startup is extremely exciting. It marks the first step towards expansion, and means that you will finally get extra help in managing all the departments of your new business.

However, initial employee recruitment isn’t all fun and games. There’s a lot of things to consider before you start hiring. And it’s crucial to make the right choice during recruitment, to avoid turnover and mismanagement.

Here are a few things to look out for in your first 5 hires:

  1. Recruit Hard Workers

Startups are hard work. There are a ton of things that need to be managed, and generally very few helping hands. The first 5 hires will make up the core of your team, and will likely be required to wear many hats in the beginning. Any new person you hire should be able and willing to manage these extra tasks and handle a high workload.

  1. Hire Risk Tolerant People

Secondly, startups face a lot of risk and turmoil in the beginning stages of operation. Any new employee you hire should be comfortable dealing in a high-risk environment, such as a new Pakistani startup. 

  1. Find Adaptable People

Another characteristic of startups is that they are fast-paced and ever-evolving. The first 5 hires may quickly become a team of dozens of people if the business is successful. Therefore, it is important to hire employees who are adaptable, and comfortable with growth and change.

  1. Recruit People You Trust

Trust is a huge deal with any business, especially a new business. Your first 5 employees will be entrusted with big responsibilities and insider information (in the case of an innovative new offering). Therefore, you must be able to trust your first few employees with these responsibilities.

  1. Hire Someone with Bookkeeping Knowledge

For a new startup, managing your budget and tracking your books is critical. Businesses that neglect bookkeeping are often doomed for bankruptcy and failure. As an owner, it can become very difficult to manage finances 24/7, which is why it helps to hire an employee that can help you manage the accounting, bookkeeping, and financial aspects of your firm.

Be sure to keep these points in mind as you go through the recruitment process for your new business! And for the best financial, accounting, and corporate services, consider taking help from an expert agency. Here at Metric, we help startups like yours succeed and raise millions of dollars in investment. Contact us now!