Starting up: Got vision? You need it to attract talented employees
| May 1, 2008 |  View for printing |
Stock options have lost some of their luster since the Internet bubble, when companies could attract talent through the hope of a quick payday. A combination of wages and stock options was a great hiring incentive for eager and talented workers who believed those options could turn them into millionaires overnight.
That irrationality is gone, but it is still very realistic to expect people to be motivated by options if they believe in the vision of a company and its ability to achieve it. Of course, with options comes risk, so getting others to deliberately assume risk starts with the leader's ability to create and sell a vision.
By Vincent Martino - Special to the Idaho Statesman
Full Story: http://www.idahostatesman.com/busine ... 367033.html
***
Advice on Hiring for Start-ups
Jason Goldberg, the founder of Jobster, which operates a popular online job forum, handed off day-to-day operations in January. He recently wrote about his experiences on his blog, socialmedian.com, which included this advice for start-up CEOs:
http://www.inc.com/magazine/20080501 ... rt-ups.html 
No reader comments so far. Be the first to comment by clicking the button below.
Reprinted under the Fair Use doctrine of international copyright law. Full copyright retained by the original publication. In accordance with Title 17 U.S.C. Section 107, this material is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes.
