Startup Hiring: Building an Edge

Startup Stock Photos

Startups do not have many ways to build a strong competitive advantage in the early days. But startup hiring is one area where this is possible because the hiring process at most large companies is broken. If your startup can build a superior hiring process, this will be a strong competitive edge.

Don’t Outsource Hiring
Hiring top talent is a core skill that startups need to possess and core skills should not be outsourced. That means allocating enough time during the week for actual hiring. If hiring is a top priority, which is usually the case in every startup, then a minimum of 25% of at least one senior person’s time should be spent on hiring. This can include online research, content marketing and in person activities but there is no way to avoid having to invest significant time into hiring if you want to do it right.

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Applications For New B2B Accelerator ‘blueprint’ Closes November 20th; Which 10 Startups Will Make The Cut?

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If you’re a B2B startup looking for a boost, don’t forget to send in an application to ‘blueprint’ before November 20th!

The six-month program backed by Swire Properties employs a “no string’s attached” approach allowing startups to tap into a wealth of resources without having to give up equity. Besides a free workspace, 10 lucky teams will have access to professional support to merge startups with the corporate world, connections to investors and market testing opportunities within Swire’s network. This would include the 300+ companies in TaiKoo Place and the neighboring Cityplaza. The two-floored ‘blueprint’ will also include a co-working space which will also double as a venue for workshops, meetups and pitch events.

We had a chat with Hilary Szymujko (pictured second from right in the above ‘blueprint’ team photo), who heads up all things startups, mentors and investors for ‘blueprint.’ Szymujko has just moved to Hong Kong from London, where she was the investment manager for pan-European accelerator Seedcamp. Back in the UK, Szymujko facilitated the investment deal process for startups and ran ‘Seedcamp Academy’ the fund’s internal learning program for its 125+ portfolio companies.

Szymujko isn’t just lending her expertise to our startup scene but she’s also bridging ecosystem gaps – as Seedcamp has just announced a partnership with ‘blueprint.’ Besides visiting Hong Kong twice a year to run workshops, Seedcamp will also be using ‘blueprint’ as a launchpad for its companies that are keen on expanding into Asia.

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Allison Baum Talks About Her New Role As Fresco Capital Advisors’ Newest Managing Director

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Alongside the wisdom Hong Kong startup scene pioneers have to impart, those relatively new to the ecosystem also bring disruptive ideas and much needed expertise.

Take the tenacious Allison Baum for example. After singlehandedly bringing New York’s General Assembly to Hong Kong against all odds, she’s now working alongside Fresco Capital AdvisorsTytus Michalski as their new managing director.

“I had really poured my heart and soul into getting General Assembly started – it was like my baby so it was hard to step away. But in many ways, it became much bigger than me,” said Allison. “That’s the most satisfying thing I think – that you’ve created something that can live on without you.”
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