“The biggest risk is not taking any risk. In a world that is changing really quickly, the only strategy that is guaranteed to fail is not taking risks” - Mark Zuckerberg
Startup founders tend to thrive in challenging and risky environments that do not always bring desired outcomes. A study by Forbes shows that only 30% would eventually succeed and able to see the fruits of their labours. But behind every successful startup business, there is also a group of tenacious employees who will ensure the business grow and flourish. Startup founders should look out for potential candidates who embody these entrepreneurial talents.
GRIT
This is the “can-do-it-all” talent where it helps a startup employee to persevere in tough and challenging situations. The 9-5 job concept will not be applicable. If you are in the hunt of an employee, please ensure that the candidates are prepared to work long hours and open to the possibility of having an imbalance between work and personal lives. They should also prepare to be covered in sweat, blood and tears for the business as the first few years are guaranteed to be the toughest ones yet.
RISK-TAKING
Building a startup is a very difficult task. There is no one-size-fits-all formula for a startup’s success. A startup employee needs to be willing to take risks and learn from failures that are bound to happen during the early phase of startup. In the highly competitive startup world, time is money. Therefore, people who are creative, confident and most importantly, bold in making decisions will be able to give the startup the edge needed for success.
COLLABORATIVE
Startup is a place where ideas are highly valued. A single idea outside the box might dictate the future of the startup. A strong team that consists of members who work well with each other ensures efficient cross-fertilization of ideas. Other than the ideation phase, good teamwork is required during the implementation phase as well. Startups are already surrounded by obstacles, the last thing we need is the team having internal strife that could potentially hinder project implementation.
Being a startup employee is not for everybody hence the importance of consistent support from the startup founders to ensure that the employees are able to have that belief of hard work always pays off eventually. The employees are also taking as much risk as the startup founders. By having the founders’ support, startups would be able to create all-rounder employees.
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Author(s)
Amelyn Yee, Kautsar Mazlan
