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Building a software company is definitely not an easy task. For one, you are up against numerous and serious competition and it is never the kind of competition that gets set in their ways. In other words, you always have to stay on your toes. Furthermore, you are at the mercy of fickle software users who might decide against your particular piece of software for reasons that are beyond you. Finally, finding, nurturing and retaining the top developer talent has never been harder, with innumerable companies looking for ways to get their hands on the best coding talent.
So, how can you ensure you are hiring the best developers for your new company?
Define Your Needs
One of the most common mistakes company owners do when they start hiring for their new business is that they do not define their needs carefully and precisely. For example, it is not enough to say that you are looking for a good developer.
Are you looking for someone who has only started coding or do you need someone with years of experience? What kind of technologies should they know to use? What kind of projects will they be working on? Should they have any additional skills? Is this a temporary job or do you want to keep them on indefinitely?
These are just some of the questions that you need to answer before you really identify what it is you actually need and what kind of a developer would fit your company the best.
Combine Local and Global
The days when you could hire only the people who live in your area are behind us, especially when we are talking about work such as software development. Namely, today, it is easier than ever before to hire remote programmers and have some of world's best talent work with you even though they might be thousands of miles away. Of course, if you choose to do this, you need to understand there are challenges with managing remote workers, but often times, it can be really worth it.
It should be pointed out that just because you can hire remote developers, this does not mean that you should completely ignore local talent. People with great coding skills are all around and the chances are that in your area, you can find some truly great developers. You should check any local schools that have courses in coding and software development, find out about communities of coders, or even a bar where they meet.
A smart combination of local and global can be just the thing to find the best developers for your company.
Different development companies have different things to offer to their new hires. A startup that is only trying to find its place on the market probably cannot pay its developers as much as a major company that has been around for years. However, this small startup can offer different things such as share options, less emphasis on hierarchy and an opportunity to learn and play an active role in shaping the company and its future development.
Developers know all these things and they know how to recognize a company that will be a good fit for them. Because of this, you should always be 100% honest about the position you are advertising and the things that you can offer to your new hires.
In short, if the money is tight, do not advertise an amazing salary; if you expect the first few months to be a rough ride, hint at this.
This will not only maximize your new hire retention rate, but this will also help you attract just the right people who will enjoy working with you and growing together with your new company.
Don't Be Afraid of Mistakes
All people make mistakes. When it comes to hiring new people, this is even more true. Even hiring managers who have been doing this for decades make wrong hires every now and then.
It is important that you recognize these wrong hires and find the best way to address them. Sometimes you will be able to work things out with the not-so-great-a-hire and other times, the best thing for all involved parties will be to part ways.
It is essential that you do not let your pride blind you and lock you in a relationship that makes sense for no one.
In the end, honesty will truly be the best policy. Be honest to yourself, to your new company and to the developers you are looking to hire.
Everything else will fall into place.