Article

How to Find the First Hires for Your Startup on a Budget

First Round / Fi.co · fi.co Free Beginner

Directly addresses the budget constraint most D2C founders face at this stage - how to compete for talent when you can't compete on salary against bigger, funded companies.

  • Equity, mission and growth story are the real currency for early hires on a tight budget.
  • Founder networks outperform job boards for the first few critical hires.
  • Be honest about the trade-offs a candidate is making by joining pre-scale.
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It answers 2 questions

  1. When do I need to hire an operations or supply chain person instead of doing it myself?
  2. How do I hire well on a tight budget before I've raised real money?

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