Steve Bartel’s Post

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Founder & CEO of Gem ($150M Accel, Greylock, ICONIQ, Sapphire, Meritech, YC) | Author of startuphiring101.com

The biggest hiring mistake I see first-time founders make at the offer stage is making an offer when 𝘁𝗵𝗲𝘆’𝗿𝗲 𝗿𝗲𝗮𝗱𝘆 instead of when 𝘁𝗵𝗲𝗶𝗿 𝗰𝗮𝗻𝗱𝗶𝗱𝗮𝘁𝗲 is ready. Why is this so bad? As soon as you start talking comp, it changes the dynamic of the conversation…  - The convo becomes all about negotiation  - Candidates start to feel like you’re “selling” them  - Many candidates start to hold their cards closer to their chest and it becomes more challenging have a heart to heart about other dimensions outside of comp That’s why I always like to ask one simple Q before moving to offer:  → “We're all super excited. Assuming we can get to a fair place on comp, 1-10, how likely are you to join?” When I hear 6 or 7, I know I have a lot of work to do. Rather than jump into the offer details, I usually take a step back and ask questions, understand motivations, and see what I can discover.  → “What would it take to get you to an eight? A nine? A ten?” It’s important to uncover and get aligned on these things first, because as soon as you start talking comp, it becomes a lot harder to have an open convo about these other dimensions. (which are equally as important, if not more!) Welcome to Startup Hiring 101 part 20 (link in comments 👇 ), which covers the 1-10 Q, pre-offer checklists, how to structure an offer & negotiate, best practices for presenting an offer, creative ways to close after making an offer, dealing with competition, counter offers, renegs, and exploding deadlines… whew, a lot, I know 😅 ‎ This is the last post in the Startup Hiring 101 series (for now!) — it’s been real! Excited to shift gears though, and start posting more content geared towards growth companies & large Enterprises, starting with data-driven benchmarks based on our unique data set of 1000s of customers & 100M+ data points.

Steve Bartel

Founder & CEO of Gem ($150M Accel, Greylock, ICONIQ, Sapphire, Meritech, YC) | Author of startuphiring101.com

9mo

Here's part 20: https://bit.ly/4dRg4hH Links to other resources  - The full “Startup Hiring 101: A Founder’s Guide” is open source and free on Notion: www.startuphiring101.com  - Check out all the blog posts in this series: www.gem.com/blog?categories=Startup+Hiring  - Gem is free for startups for 2 years! www.gem.com/startups/hiring-guide

Great content. Highly recommend www.startuphiring101.com to any first-time founders that need to hire their founding team!

Aron Solberg

Co-founder & CEO @ Risotto | YC (W24) | #1 AI-powered Employee Support Automation Platform

9mo

Totally agree. Another major mistake is not building a rapport before making the offer! At Dropbox I always had assigned an “interviewing buddy” to get to know the candidate personally and build a rapport so when the offer came they were much more excited about it!

Paula Judge

VP, Talent at Accel

9mo

Nice! Commenting for reach 👏 ‎

THIS! Not only does it provide a great candidate experience, but it also increases your Offer Accept Rate 👏🏼

Elizabeth Arnsdorf Patterson

Partner, People & Talent @ Sapphire | Independent Director, Black Women On Boards

9mo

Thanks for sharing all these great resources for startup founders!

Peter Clarke

Still rock my khakis with a cuff and a crease

9mo

Great stuff! Bummed to see this series coming to an end, but excited for more Gem benchmarks 🤓 ‎

Renee Cronin

Director, Executive Talent at Greylock Partners

9mo

Thanks for sharing Steve Bartel‎! Love the 1-10 technique

Mohammed Shahrukh

Global Customer Success Executive | Scaled $100M+ ARR with 95%+ Retention | Digital Transformation | B2B SaaS Leader

9mo

This is so actionable, Steve. Thank you! Bookmarking this post.

Garett Gentry

AI & ML Technical Recruiter (ex-Palantir/Amazon AI/Google AI/Meta AI)

9mo

I ask that as the recruiter so they don't have to ;-)

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