The age of startups is still mature and strong. It has been estimated by Worldwide Business Startups that each year, 50 million startups are started; this translates to an average of 137,000 startups per day. The perception that they are a paradise alternative to blue collar jobs is fading by the day. Currently, MBA holders are now ready to work for companies that have over 10,000 employees and also startups that have less than 100 employees. This means that startups have to build a talent management capability early enough if they have to attract and retain talent to secure funding and grow their business. The sad fact is that most startups don’t take this road. Most startups are focused on getting more bodies through their doors and hope for the best down the road. Now, for startups to secure top talent in their businesses, the six timeless best practices we are going to look at are used for entrepreneurial leaders to grow their business. Hire for long-term purposes H...
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