Seven Deadly Sins Entrepreneurs Commit

June 10, 2010 at 9:53 pm Leave a comment

Here is the first. No Snohomish County entrepreneur would make these mistakes of course.

1. Entrepreneurs mistakenly hire on gut and instinct. They often become fixated on an impressive looking resume and skill set that is a cut above their own. In their eagerness to give their venture the needed gravitas of a senior hire, they ignore signs that impartial observers would see as reasons to slow the process and look behind the boasts of past accomplishments. Some entrepreneurs are lucky; their first hire is one of their best. In my experience, the first hire most entrepreneurs make is driven by expediency uncluttered by deliberate analysis or fact-checking. That’s when first-time entrepreneurs learn that an impetuous hire can be an expensive and lingering mistake. 

SOLUTIONS: (a) Interview several candidates; (b) Have others whose impartial judgment you trust interview the candidates and rank them: (c) Consider using one or more of the better assessment tools; (d) Conduct a thorough background check, and 
(e) Get professional help – it will pay for itself in the long run.

Click here to read about the other six.

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Entry filed under: Best Practices, Entrepreneurship. Tags: , , .

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