WHAT TO LOOK FOR WHEN CULTIVATING TOP TALENT FOR TECH STARTUP BUSINESS SUCCESS
Many entrepreneurs tend to want to do everything on their own.
Business owners have a clear vision for how they want to run their business and are often quick to dismiss anyone who provides input or suggestions that may muddy the waters of that vision.
However, every tech business magnate would agree that they didn’t achieve their level of success entirely on their own.
Remember, teamwork makes the dream work.
Every tech empire began as a startup. So we ask ourselves, “how did these corporate conglomerates become so profitable?”
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Well, the answer is simple. Just like the best sports teams in the world, tech businesses achieve success because of their team.
In this article, we’ll discuss how to scale your tech startup with top development talent so that you can achieve business success.
Create A Plan To Pay Back Investors
Every startup needs some form of investment capital to get off the ground.
Whether your tech startup works with an angel investor, venture capitalists (VC), or a private equity investment agreement, your startup has only a specific window of time to pay back that investment.
Say that these investors gave you $5 million of venture capital to start your business. You may only have a year or two to pay back that investment, plus a return on that investment (typically 25-35% over the lifetime of the investment).
Tech startups have to be aggressive with spending this money.
Remember, you have to spend money to make money.
Investors want you to spend this money wisely. This means that you need a space to work, the proper equipment and technologies, and of course, the tech dream team.
So, once you’ve spent some of that capital on a workspace, computers, desks, chairs, and all other office necessities, then you’re ready to start hiring.
Hire Tech Talent With Product Scale Experience
When a tech startup is scaling, the structure of the development team’s responsibilities may shift from one week to the next.
Your team members must be agile, flexible, and patient as the product evolves and tasks change. Sometimes things can get disorganized and, at times, chaotic when working for a startup.
You want to make sure that you hire developers with experience.
Your newly hired developers should also be able to keep up with the many priority shifts when developing new technologies.
If they have prior experience developing software for a startup, they’ll have firsthand knowledge of what it’s like to be immersed in that kind of culture.
Aggressively scaling a product involves ramping up marketing and sales, hiring more people, raising sufficient capital, and growing the business as a whole.
However, one dark cloud hovers over the entire venture once a startup begins to scale quickly and successfully – they have to deal with a more extensive user base.
This is where it’s crucial to have a development team with product scale experience. As your user base grows, your developers can engineer your database, website, application, infrastructure, etc., to accommodate more users.
Scaling your product enables the technology to withstand more users, so that you don’t sacrifice UX/UI quality due to increased web traffic.
What To Look For In A Web Developer
As a tech startup business owner, you want the best of the best working on your team. Your developers should adopt a precise set of traits, characteristics, and skills to be considered a member of your A-team.
But, how do I know what the “best” is? What do I look for?
The best developers have the most experience, along with the highest degree of knowledge and understanding of the ins and outs of product development.
You want a developer who can write squeaky-clean code so that your website or application can withstand spikes in traffic or users. Having clean code also allows developers to make changes in real-time, saving both time and money.
Developers should always understand the importance of documenting their process. Documenting the development process makes it easier to trace back steps and adjust the product in the future.
Multilingual programming is a must-have skill.
Your development dream team should be very knowledgeable and experienced with all types of software development tools, frameworks, libraries, methodologies, and techniques.
Writing efficient JavaScript language, HTML markup, Swift styles, and turning complex projects into extensible PHP code, for example, are just a few skills that your developers should have acquired over the years in the tech field.
Building your product may require several tools, so your development team must understand how to use the tools at hand, plus what additional tools are needed to get the right result.
Embrace Workflow Automation
Almost every aspect of growing a startup is labor-intensive. Traditional manual processes may slow down your ability to scale the business, so opting for automated processes may be the way to go for specific tasks.
You must think closely about which processes you choose to automate. Is it automating billing and payroll? Perhaps, you wish to automate your business’s marketing processes.
Think about what takes the most time and resources. Then, think about if that component could be automated to save time. If it can save your team more time without creating any additional bottlenecks, then consider automating the process.
You can do this by having your development team integrate third-party software with your existing systems. You could also consider hiring outside help to create a new customized solution that’s right for you.
Where Do I Find Great Development Talent?
Before you begin your venture to find great talent, you want to consider if you want your development team to be in-house or outsourced.
There are significant advantages to either choice, but you want to decide which one works best for you.
Leverage the power of professional talent management services to locate developers that have the industry experience and development proficiency that you’re looking for.
Outsourcing is more economically feasible than hiring an in-house team. So, depending on your budget, you may want to consider outsourcing as the most viable option.
Throughout your developer-seeking endeavors, take some time to check out Perpetuum Code.
Perpetuum Code can offer a more bespoke solution for your startup with our custom software solution services.
Our team of over 100 software developers, engineers, and programmers has industry-specific experience working on all kinds of software development projects.
We’ve been augmenting existing IT teams to revamp business systems and designing new solutions from scratch for over 10 years.
We’re confident that we can elevate your startup to new heights. Hire two, three, or a larger team of 10+ developers to take on your next development project.
We can accommodate whatever your software development needs are. Whether you need help at the early stage of development or integrating systems with your existing solution, Perpetuum Code has got you covered.