Recently I was talking to an entrepreneur that had previously done several stints as a corporate intrapreneur building new business units for large companies. Now that he’d been out on his own as the CEO of a startup with no big company behind it, I wanted to find out what was most different. Simple, he said, “Recruiting is 100x harder in a startup.” At the big company, people are lining up out the door to get a big company salary and the perceived stability of a corporate job. In the startup world, recruiting talented people requires more selling of the vision, convincing people to take salaries well below the big company salaries, and helping with the mental shift required to jump into startup life.
Here are a few more thoughts on the recruiting challenge between corporate intrapreneur and startup entrepreneur:
- HR teams, existing recruiting pipelines, and more are taken for granted at big companies where in a startup none of that exists
- Most cities don’t have a strong startup community making startups seem more risky because of a lack of local lore, and if the startup fails, it’ll be harder to find another job
- Places like the Atlanta Tech Village are especially helpful for recruiting talent
Being a startup entrepreneur is very different from a corporate intrapreneur and recruiting talent is especially challenging as a startup entrepreneur.
What else? What are some more thoughts on the recruiting challenge difference between corporate intrapreneur and startup entrepreneur?