December 12, 2017
Introducing Virginia is for Entrepreneurs and the Investment Marketplace
Jerry Nemorin is a first-generation college student who grew up with a family that, like 50% of America, experienced deep debt. While in business school at the University of Virginia, Jerry developed a company, LendStreet, that helps Americans refinance their personal debt.
December 6, 2017
Don’t stop at “You’re hired” —why you should care about onboarding
Managers often worry about putting in too much time to onboard employees. They’re tempted to throw new team members into the deep end: “After putting all this effort into hiring, I still need to make time for onboarding?”
But the data shows: employees who go through structured onboarding are 58% more likely to stay for three years. Even if you find someone with the right skills and knowledge for a role, they still need to adjust to how things are done in your organization, and they will need guidance.
Consider these two scenarios:
December 4, 2017
Future Focused: Can investors hack empathy so we don’t lose the future?
It continues to be a tumultuous and challenging year. The endless deluge of sexual misconduct allegations, the trauma and personal risk faced by survivors. If you subscribe to the philosophy that things have to get worse before they get better, there’s some solace that maybe, hopefully, we’re reaching the bottom, though it sure feels like we have a long way to go.
November 29, 2017
Two tried and tested ways to recruit all-star teams
Imagine you’re the coach of a basketball team (a dream that my high school self imagined all the time). How would you run your try-outs? Would you look at the list of other teams the athletes have played for, or awards they’ve received, or ask them about their aspirations to play professional basketball? Would you have them talk about a time they missed a shot and needed to bounce back?
November 20, 2017
How to hire top talent when you can’t compete on compensation
Even as entrepreneurs raise more and more funding, limited funds still remains a top challenge for hiring, meaning that no matter what, competing for top talent on compensation is a losing battle for social and emerging market entrepreneurs.
November 17, 2017
How can I combine knowledge and goodness in my day job? Build a one-pocket career
The following is the prepared text of a speech that I gave this month to the students at Phillips Exeter Academy, where I graduated from high school, around the launch of my new book, The Innovation Blind Spot.
November 14, 2017
Hire for the stage you want to reach, not the stage you’re at
Our team at Village Capital has worked with more than 700 entrepreneurs and we’ve seen a consistent theme: early-stage CEOs tend to treat hiring as an administrative function rather than a strategic one. (Allie Burns wrote more about this last week).
July 3, 2017
3 Ways for Startups to Hold on to Talent
The real value of human capital depends on the willingness to invest in your team.
Many startups today underestimate the importance of human capital — the collective sum of the attributes, life experience, knowledge, inventiveness, energy, and enthusiasm that employees choose to invest in their work.