When to call in the professionals and making first key hires

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Michael Boniface, Head of ONE CodeBase and One Tech Hub Director, on how founders can stop problems materialising in the future.

Watch time: 3.5 minutes

  • Identify possible future pain points and plan accordingly

  • Resource may be tight at an early stage so using your peer network for advice is key

  • Legal support, HR support, solid employment contracts – are all vital

“Look at the areas that could potentially come back and cause you problems later on. It's almost worth going forward to that due diligence conversation you're going to have with your first VC,” says Boniface. In this video he outlines what steps to take.

He discusses who should be the first key hires, what mistakes founders need to avoid in this process and how to maintain culture while bringing in new people. To understand how balanced teams produce the best results also watch this video, from Lindsay Fisher, Co-founder at Sparkbox.



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