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For your first key hires, three, five, maybe as much as ten, you will probably not be able to use any kind of formula. For example, suppose you're just two founders and you want to hire an additional hacker who's so good you feel he'll increase the average outcome of the whole company by 20%. n = (1.2 - 1)/1.2 =.167. and we have 11.1%
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At Silicon Beach Fest Hollywood 2012 Kevin Winston organized a panel called “How to Find and Hire a Developer”. Always have a developer do a test project before hiring them to make sure they deliver quality work. Understand that people are motivated to be a part of a larger vision and to work with someone they believe in.
And you will want to make sure you see what the particular designers have done, samples of their work product, their process, etc. You are looking for someone who cares about the look, but you are hiring the development firm for it''s development skills not its graphic design skills. Some of what I have below applies.
He then hired a personal assistant who would read his emails for him, and then sort them by projects, and hand them to him presorted. That saved him hours of time every week, and so our inspiration was to replicate that experience without needing to hire an expensive assistant. What are your backgrounds? Not necessarily.
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