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Richard Hanson

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19
first
2016-01-01
most recent
2016-01-01
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1
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podcast

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  1. “I would like to think that we can just carry on doing our best to execute the product vision. Keep building a team that enjoys what we're doing. I talked earlier on about trying to explain about the mission statement. Obviously, when you're building a team, you have more opportunity to try and convey to them why you're doing what you're doing. And I would like to think that everybody who's part of hiring the screen today and in the future comes to work really understanding what we're trying to achieve. If I can convey that and they can enjoy their work, then I think I'm going a long way to building a successful company alongside Luke.”

    2016-01-01 · The Twenty Minute VC · 20VC FF 028: Where To Start Your Startup and Single Founder vs Co-Founder Model with Richard Hanson, Co-Founder & CEO @ HiringScreen · IDENTIFIED FROM THE TRANSCRIPT · source

  2. “I did promise that I'd divert everybody to Founders Friday episode two for more on that. My serious answer is going to be Reid Hoffman. And I know I mentioned him before with the Alliance, but I think in terms of a founder who one of the things I really admire about him is the fact that he didn't want to be CEO of LinkedIn and he thought that there would be better people to do that. And he thought that there would be people.”

    2016-01-01 · The Twenty Minute VC · 20VC FF 028: Where To Start Your Startup and Single Founder vs Co-Founder Model with Richard Hanson, Co-Founder & CEO @ HiringScreen · IDENTIFIED FROM THE TRANSCRIPT · source

  3. “probably a heart rate monitor, I'd have to say. I'd have to admit on a few pounds since I've started hiring screens. So hopefully once I've done my fundraising round, I can get back in the gym. Mind maybe potential investors don't want me to say that. Maybe they want me at the desk, but I'm going to have to. I'm sure they want me alive. I'm sure they want me alive”

    2016-01-01 · The Twenty Minute VC · 20VC FF 028: Where To Start Your Startup and Single Founder vs Co-Founder Model with Richard Hanson, Co-Founder & CEO @ HiringScreen · IDENTIFIED FROM THE TRANSCRIPT · source

  4. “Well, anybody who's been listening to the show should know that we did the book giveaway, and I'm going to say the alliance, which was co-authored by Reed Hoffman, Ben Casnaccio and Chris Year, I believe. And why? It's because I like books that try to take a different look at something or look at a particular situation or issue from a different angle. And in terms of the way that they look at the workforce and the employer-employee relationship, I think it's a very refreshing take on things. And some of the principles that they talk about in that book, like the tour of duty concept of employment, those are some of the principles that we actually have underpinning hiring screens development as a product.”

    2016-01-01 · The Twenty Minute VC · 20VC FF 028: Where To Start Your Startup and Single Founder vs Co-Founder Model with Richard Hanson, Co-Founder & CEO @ HiringScreen · IDENTIFIED FROM THE TRANSCRIPT · source

  5. “In my opinion, I would have thought that the idea about how much equity you're willing to give up should come a little bit later on. And obviously, if they're asking a huge amount and they're not giving you a lot back on face value, that may be a clean-cut decision. But what I would say first of all is to try and make an assessment of what does your startup most need right now? Is it that you're needing to be super lean on costs, in which case an accelerator which provides office space might be great? Is it that you have a product but you just need to get a proven use case or extra metrics in which case something like blueprint where you can get the opportunity to trial your product and test it might be more beneficial and then once you've established what you want out of it and whether that particular accelerator can give it to you or not that's when I would try and balance that against how much equity they need if any”

    2016-01-01 · The Twenty Minute VC · 20VC FF 028: Where To Start Your Startup and Single Founder vs Co-Founder Model with Richard Hanson, Co-Founder & CEO @ HiringScreen · IDENTIFIED FROM THE TRANSCRIPT · source

  6. “Which is hardware focused. And I think we're just at the beginning of the development of the startup accelerator ecosystem in Asia. It's very exciting, Harry.”

    2016-01-01 · The Twenty Minute VC · 20VC FF 028: Where To Start Your Startup and Single Founder vs Co-Founder Model with Richard Hanson, Co-Founder & CEO @ HiringScreen · IDENTIFIED FROM THE TRANSCRIPT · source

  7. “So we're based at the blueprint accelerator, which is run by SWIFE properties, based in Hong Kong. That's a fantastic accelerator. It's business to business focused. They don't take any equity in the startups, which is fantastic compared to a lot of other accelerator programs. And the most important thing about Blueprint is they actually give you a good level of access to the SWIFE network at companies. For anyone who doesn't know SWIR is a big conglomerate, so they have multiple companies in different industry verticals. So the opportunity obviously for a product like hiring screen, which is focused around recruitment, is huge. And they sponsored us into various parts of the company and giving us the opportunity to speak to HR and recruitment teams and really advance our product there. In terms of Asia accelerators, I mentioned that Suare is business to business. There are accelerators like Brink.”

    2016-01-01 · The Twenty Minute VC · 20VC FF 028: Where To Start Your Startup and Single Founder vs Co-Founder Model with Richard Hanson, Co-Founder & CEO @ HiringScreen · IDENTIFIED FROM THE TRANSCRIPT · source

  8. “I think really trying to convey some of the more complex points about hiring screen and why we're doing what we're doing in the timeframe of a pitch is quite difficult because you do want to tick all the boxes in terms of why you're raising that amount and going through the financials, justifying your valuation, competitor slides, as I said, but also really trying to tell them the vision for the future and trying to convey that mission statement because especially when you're talking about the workforce and skill gaps and productivity gaps, some of those conversations, you could take each one of those components and I could talk half an hour of 45 minutes about why hiring screen is addressing those concerns and issues, but you just can't do that. You need to really try and distill it down. And so I think one of the challenges that I personally had was trying to”

    2016-01-01 · The Twenty Minute VC · 20VC FF 028: Where To Start Your Startup and Single Founder vs Co-Founder Model with Richard Hanson, Co-Founder & CEO @ HiringScreen · IDENTIFIED FROM THE TRANSCRIPT · source

  9. “Definitely. I think you've got to know who you're talking to, and I think there should be a reason why you've approached a particular VC. I myself look at the level of investments that they've done, so I make sure that they usually invest in the type of round that we're doing. Ideally, they've made investments. We're showing interest in the specific sector that we're in, which should be HR technology or the wider human resources space. And also just having industry background that's complementary, not necessarily just in terms of companies they've invested in, but their own personal background. That's very helpful. Certainly Luke and I definitely do not know at all about running a business, and we're just trying to go day to day doing our best to come up with sensible decisions and having investors on board who've got that experience would be very beneficial.”

    2016-01-01 · The Twenty Minute VC · 20VC FF 028: Where To Start Your Startup and Single Founder vs Co-Founder Model with Richard Hanson, Co-Founder & CEO @ HiringScreen · IDENTIFIED FROM THE TRANSCRIPT · source

  10. “I would say all of the above. I mean, it sounds obvious, but making sure you've done your homework on your own company is pretty critical. And I think you never know what an investor is going to pinpoint. You should know what they're going to ask for because anybody will tell you that they want to look at financials or market size or competitive environment, but also maybe trying to really”

    2016-01-01 · The Twenty Minute VC · 20VC FF 028: Where To Start Your Startup and Single Founder vs Co-Founder Model with Richard Hanson, Co-Founder & CEO @ HiringScreen · IDENTIFIED FROM THE TRANSCRIPT · source

  11. “That's been an interesting process. Again, try to inform myself by listening to the 20-minute VC and also reading appropriate books about how to go about that. And I think we've done fairly well. I mean, half the way through raising the amount of money we wanted to. We've had a very supportive and good response from the angels that we've initially approached. And that's an ongoing process.”

    2016-01-01 · The Twenty Minute VC · 20VC FF 028: Where To Start Your Startup and Single Founder vs Co-Founder Model with Richard Hanson, Co-Founder & CEO @ HiringScreen · IDENTIFIED FROM THE TRANSCRIPT · source

  12. “Yeah, so everyone says for a CEO you should be recruiting or fundraising. So we just talked about the recruiting side. Fundraising, yes, and we're doing that right now. So we're currently raising around.”

    2016-01-01 · The Twenty Minute VC · 20VC FF 028: Where To Start Your Startup and Single Founder vs Co-Founder Model with Richard Hanson, Co-Founder & CEO @ HiringScreen · IDENTIFIED FROM THE TRANSCRIPT · source

  13. “Right the way across the team, whether it's UX or developers or sales, marketing, whatever it might be. So I feel it's my responsibility to show that level of effort and commitment around what people are doing in their job.”

    2016-01-01 · The Twenty Minute VC · 20VC FF 028: Where To Start Your Startup and Single Founder vs Co-Founder Model with Richard Hanson, Co-Founder & CEO @ HiringScreen · IDENTIFIED FROM THE TRANSCRIPT · source

  14. “I'm not sure my developers would believe that I had any valued input if I looked at their code and said it looked good or bad. But I think it's like, no, when you go to a foreign country and you made an effort to learn the basics of a language and people know that you're trying to be polite and make an effort, I think my development team, I'd like to think that they know I'm somebody that's made the effort to do background research, has done those courses. And so I'm trying to inform myself about what they're doing and I'm taking an interest in the different types of technologies. And that's also important because, for example, when our chief architect, CTO, interviews people or is introducing me to people that he would like to bring onto the team, he needs to feel confident that he can put them in front of me and I'm going to be able to talk with a basic knowledge about what that developer's been doing in his past history ultimately as CEO I need to be able to attract”

    2016-01-01 · The Twenty Minute VC · 20VC FF 028: Where To Start Your Startup and Single Founder vs Co-Founder Model with Richard Hanson, Co-Founder & CEO @ HiringScreen · IDENTIFIED FROM THE TRANSCRIPT · source

  15. “I would say that obviously you try and use the technologies which make that process in terms of the mock-ups easy. So whether it's Invision app or something else where you can make these mockups quite simply nowadays, that's great. I would also say in terms of trying to keep the process as simple as possible and keep the communication with your product team as open and simple as possible is a good thing. For myself, not having a technical background, I mean, I went on to Code Academy and I took the HTML and CSS course just so that I actually knew what title tags were and how to do basic CSS. So even though I couldn't implement, certainly not to any great extent, I would hate to try and do a mock-up myself, I can at least know what the UX guys are doing and the front-end developers are doing when they're designed. Designing a mock”

    2016-01-01 · The Twenty Minute VC · 20VC FF 028: Where To Start Your Startup and Single Founder vs Co-Founder Model with Richard Hanson, Co-Founder & CEO @ HiringScreen · IDENTIFIED FROM THE TRANSCRIPT · source

  16. “Of CVs. Now, of course, when doing that, you can also talk and get other pain points from those target customers. And then you can also put those into your product development. So I would say validate early on, take additional feedback, and then use that to then define the rest of your product roadmap.”

    2016-01-01 · The Twenty Minute VC · 20VC FF 028: Where To Start Your Startup and Single Founder vs Co-Founder Model with Richard Hanson, Co-Founder & CEO @ HiringScreen · IDENTIFIED FROM THE TRANSCRIPT · source

  17. “I would say so. I mean, I think in the interest of when people talk about failing fast, if you try and get through those sort of first steps in a relatively efficient manner, you would often come up against something that you might hit a dead end and figure out, well, actually, you didn't think about that on the first day, but one week or two weeks later, you figured out that it was a bad idea. I would really try and validate the idea as, you know, as soon as you can, even if it means going and talking to the ultimate customer. So if you have an idea, people will say about problems that need solving, talk to somebody that you think has that problem, don't just think it's your problem. In our case, we went out and spoke to heads of HR and recruitment at a number of different companies in different industries just to make sure that they have that same initial problem that I had in terms of trying to screen high volume.”

    2016-01-01 · The Twenty Minute VC · 20VC FF 028: Where To Start Your Startup and Single Founder vs Co-Founder Model with Richard Hanson, Co-Founder & CEO @ HiringScreen · IDENTIFIED FROM THE TRANSCRIPT · source

  18. “I would say if you've got the idea, try and figure out earlier on how you would go about implementing that so you start to give yourself some level of hope and comfort that that idea can come to fruition. A lot of people might say, well, you need to figure out the one month or six month or 12 year view. And I agree that that's important at some point. But I think you need to start fleshing out pretty early on whether it's something that you're going to be able to execute. And in my case, I had that idea and I went straight to Luke because he was very good at the execution and project management side. And together we figured that out. And I would say that if you're not somebody who can come up with both the ideas and feel comfortable with execution, you know, maybe go and talk to somebody or find a co-founder who can give you that step.”

    2016-01-01 · The Twenty Minute VC · 20VC FF 028: Where To Start Your Startup and Single Founder vs Co-Founder Model with Richard Hanson, Co-Founder & CEO @ HiringScreen · IDENTIFIED FROM THE TRANSCRIPT · source

  19. “I personally think it's very beneficial because nobody's right all the time. I know plenty of people who think they're right all the time, but I don't think that's necessarily the case. So I would say that just being able to reach a consensus and have different points of view, everybody thinks in different ways about different problems. And I think just being able to have that open dialogue with somebody that is aligned in the right way and is brought into the business as much as you are, you know, that's very important. People in a friends, family, they're always there to give advice, but ultimately they're not seeing the same challenges and pressures day to day that your co-founder is. So you're not going to get the same level of advice with the same level of buying as you are from your co-founder, in my view.”

    2016-01-01 · The Twenty Minute VC · 20VC FF 028: Where To Start Your Startup and Single Founder vs Co-Founder Model with Richard Hanson, Co-Founder & CEO @ HiringScreen · IDENTIFIED FROM THE TRANSCRIPT · source