Report question

Note: your identity will not be shared with the person who sent you this message.
This field is required

How to find the right partner in the early stages?What kind of talent can we recruit to better help us start a business?

So far we have four people working on our startup program, but we need another person with more experience and leadership to join us. In the recruitment process, we encountered some problems. The competent people were not interested in the start-up project, and the people who were interested in the project might not be competent enough. So how do we find the right partners?

Sign in to answer

10 answers

I suggest you clarify the use of the word "Partner" in your question. There are several types of partnerships available to small business, depending on the role the person plays in the enterprise. Examples:

A. PARTNERS AS OWNERS: These are individuals who are declared founders, entitled to financial proceeds from the business profits and with a role in decision making to which they are entitled by there names appearing on the business registration as the accountable individuals for the firm.

B. PARTNERS AS MANAGERS: Individual employees who are the leadership element of the firm and report to A. above. They can also be owners.

C. INDUSTRY PARTNERS: Firms or individuals outside the company who team with the startup in the pursuit of business for mutual benefit. This includes join ventures, teaming agreements and contractual arrangements that have specific market targets and well defined segment of business sharing.

D. PARTNERS AS EMPLOYEES: Many companies refer to employees as partners because the company offers stock ownership and/or the operating culture of the firm entails a close involvement of individual employees in the operating and decision making process.

Recruiting for each of the above roles is different. Carefully defining these roles for candidates in the above partnership types as the company seeks to find them is vital in advertising, networking and interviewing individuals to fill them.

Report Kenneth's answer

Note: your identity will not be shared with the person who sent you this message.
This field is required

Hi Sissi,

I might suggest on clarifying how you went into partnerships - as there are many laws and regulations that pertain to these arrangements. Perhaps there is a need to state the kinds of HR standards you are working with and if you were able to leverage the right kind of terms and conditions for a working partnership to flourish.

Kenneth makes some good points above - particularly A and D, as this appears to be a small business context.

Good luck, Gord

Report Gordon's answer

Note: your identity will not be shared with the person who sent you this message.
This field is required

How easy can one Start up business with out worrying about capital? Quite sure about the business idea but how to raise capital is a challenge.

Report Sam's answer

Note: your identity will not be shared with the person who sent you this message.
This field is required

I would say look for a partner who has something they can offer to the business or organization and be upfront of what you have as his or her pay, what can they get apart from pay that will grow them individually and what the greater good is. Look for a person who is not saying yes to everything you say. That is red flag for a partner.

Report Bertha's answer

Note: your identity will not be shared with the person who sent you this message.
This field is required

Hi. The the role of partnership in your program should be well defined. You Also need to look at the profile and history of the partners in these 3perspectives. 1. Connected- how connected are u with the partners you are seeking. 2. Concern- the partners should be concerned with what you are doing. 3. Capacity/capability- how capable are the partners to make contributions. You can reach out for a comprehensive strategy on how to win and sustain partners. Phone:+254705797489

Report Shadrack's answer

Note: your identity will not be shared with the person who sent you this message.
This field is required

Sissi hi. You can recruit also an expert offering incentives and ownership share. Read carefully again your business plan and detect there the specific areas where you need professional assistance. Then initiate the hiring process looking for the best match. Consider to engage headhunters. Double check all the candidates references / background regarding knowledge, experience, achievements, expertise/skills, etc. as well as reputation, ethics and personality traits. Have success.

Report Miguel 's answer

Note: your identity will not be shared with the person who sent you this message.
This field is required