If it's possible to hire someone who'll make the journey from $0-$100m significantly easier, why isn't everyone doing it all of the time?
A big part of what we do at Notion is working with Founders to guide them through the process of making their first external Game Changing hire. Usually this is a Chief Revenue Officer, but sometimes it’s a CTO, COO or CFO.
We’re not experts in psychology or academics who’ve extensively studied the difficulties in hiring but, from a number of conversations with Founders who’re on the brink of adding the first non-Founder to the senior team, we’ve accumulated some knowledge around the theme “why making the first big hire is so hard”.
There are the usual concerns including “what will this person actually be doing?” and “can we afford such a senior person?”. But alongside those difficulties, there are a number of common themes that crop up that aren’t widely spoken about, so Founders often think they’re alone in their quandaries.
The common concerns are:
To be concise, these concerns are:
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