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Home > Founder to Founder > #38: The Paid Auditions Playbook


	Podcast:		Founder to Founder
	Episode:		#38: The Paid Auditions Playbook
	Category:		Business
	Duration:		00:11:10
	Publish Date:		2018-02-20 15:23:39
	Description:		Paid auditions are just that, opportunities to work with someone before you tie the knot and become employee and employer. And there are three reasons why you should them. The first is that no matter how confident you are in your ability to hire, no matter the process you use, the only way to understand technical competence and ‘fit’ is to work with that person. By extension, if you don’t use a paid audition, you significantly increase the risk to your company. Hiring the wrong person can bring your company to the brink of collapse. Most founders have a story like this to recount. I know I do. The second reason is that the risk in hiring isn’t just on the company side. It’s also on the candidate side. There is a growing acceptance that the pitch (from an employer) rarely correlates with the reality once on the inside. Candidates know this. They’re more reluctant than ever, at least for startups, to leave a safe job behind in exchange for this risk of a new venture working out. It makes sense that there be an opportunity to ‘try before you buy’. In the case of a paid audition, the candidates get paid to try before they buy. The third reason is the benefit of ‘fresh eyes’. The regular introduction of people into your business sheds new light on issues and almost always exposes new ways to increase momentum. If you subscribe to one or all of these benefits, the next step is to get practical by asking yourself one question… READ ON ..... If you enjoyed this episode subscribe to Phil Hayes-St Clair's weekly insiders email newsletter here. Thanks for listening!
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