Startup Victoria announces new CEO Georgia Beattie

We’re excited to announce that Startup Victoria has today named their new CEO, Lupé and Beattie Wines’ cofounder, Georgia Beattie.

Outgoing Startup Victoria CEO, Scott Handsaker, says “[We] engaged MitchelLake to locate the best CEO candidate they could find. It was a highly competitive process over a number of months and the board could not be more excited by the appointment of Georgia”.

“Working with Startup Victoria over the past four months has been hugely positive” says MitchelLake’s Matt Smith. “The time and attention they paid to ensure a thorough process to get the right hire, speaks volumes to their dedication and commitment to build on the great work they have been doing so far. Their purpose is to create more founders, better founders and bring a fresh perspective and great ideas to make this happen. Georgia is the perfect match for Startup Victoria’s ambitions, and we can’t wait to see the successes that are to come”.

Read more at StartupSmart here.

If you’re looking for your next CEO, let’s chat.

Image via StartupSmart.

Patience is a Virtue – Recruitment is no Exception

Every year for two weeks, the small English village of Wimbledon turns into a Mecca for tennis fans. During the tournament, known lovingly to tennis fans as ‘The Championships’, crowds play hide and seek with the vicissitudes of the weather, and aim to catch a glimpse of the players doing what they do best on the hallowed lawns. Every year, for 14 days straight, more than 10,000 fans join ‘The Queue’. These fans have no guarantee of actually getting to watch any live tennis at all, they simply join ‘The Queue’ without complaint, because they share the love of the game, and they all believe in a single mantra – patience is a virtue.

As a recruiter, I realize how much patience comes in handy and how effort is always not equivalent to reward. I am a recruiter who has helped numerous startups grow to the next level. During my journey, there is one mantra that keeps resonating in my mind: patience is virtue.

The Hiring Process

Hiring the right candidate requires diligence, thoughtful processes and strategy. Jim Collins , author of Good To Great and a thought-leader on what makes great companies tick says, “Great vision without great people is irrelevant”. The hiring process starts with clairvoyance on what type of talent the organisation needs. The recruiter then proceeds to find the right source, setting up parameters for hiring the right talent. Once the talent has been identified, the recruiter implements the hiring process by conducting skill assessments and interviews seamlessly. Finally, an offer is negotiated and the candidate is brought on board. These steps require copious attention to detail, time and persistence.

Effort vs. Results

Across various positions that I have recruited over a number of years, there are some roles for which I will have to invest countless hours, with very minimum results. Then there are other roles that require very little effort in order to fill them.

For instance, here are some examples from our internal database. When recruiting for a DevOps Engineer role, there are times where it has taken up to 552 reach-outs or more, in order to fill a position. On the other hand, there are occasions where a similar role is filled within 10 reach-outs. Similarly, on an occasion where we needed to fill a DevOps Manager role with a client, there were 35 candidates that progressed to an onsite interview. It requires us (and the client) to be persistent in the approach, whereas with a different client the same position might be filled within just two onsite interviews. In my experience with a DevOps Engineer role, it has taken anywhere between 1 and 95 business days to fill the position.

There are various factors in this equation that make each situation fall one way or the other. In spite of many years of experience in recruitment, it certainly isn’t an exact science, and it’s difficult to tell which position will take more time and effort than others. Hence, I make sure that I take each role at its face value and ensure I go through each and every step in the process diligently.

Good things come to those who wait

Often, as a recruiter, effort is not always directly correlated to the rewards. However, if you have the patience in going through the process, believing in both the entire organisational growth and their culture, you will certainly reap the benefits, just like those die-hard Wimbledon fans.

MitchelLake Onsite provides embedded recruitment solutions for high-growth technology & innovation. Partnering with our clients, we grow great teams that are out of this world. If you’re seeking talent, advice or you are interested in startups, scale ups and digital transformation, let’s chat.

Susan Wu speaking with Luke Henningsen

There aren’t many startups or household-name tech companies that Susan Wu hasn’t touched. Splitting her time between Australia and California, Susan modestly describes herself as a hacker, entrepreneur and investor. In reality, she’s been a cornerstone of the open source and online gaming community since 1992.

Since relocating to Australia, Susan Wu has been very active in the Australian startup community and, as we move in the same circles, we felt it was time to get together and learn a bit more about her.

Most recently Susan has been one of the earliest team members of Stripe worldwide and launched Stripe into Asia Pacific.

Named as one of the ‘100 Most Creative People in Business’ and ‘Most Influential Women in Technology’ by Fast Company, and as one of the ’10 Most Influential People in Silicon Valley’ by San Jose Mercury News, we’re just pleased she found some time to stop and have a chat with us!

Luke Henningsen: You moved to Melbourne a couple of years ago from San Francisco. How have you found the APAC/Australian Market so far?

Susan Wu: I can definitely understand why people consider Australia to have one of the highest quality of life experiences in the world. I’ve been most impressed with how warm and friendly most people I’ve interacted with in Australia have been. When people ask “how are you doing?” here, they genuinely mean it, and stop and pay attention to your answer.

LH: You have had the benefit and challenge of having worked directly with a number of amazing tech founders. What is it like working with people like Jack Dorsey or John Collison? Have you found any similar themes in the ways self-made tech billionaires work?

SW: You’re right – I’ve been super lucky to have been able to work with some of the great leaders in tech – including Caterina Fake, Ellen Pao, Freada Kapor Klein, Elad Gil, Jack Dorsey, Ev WIlliams, Biz Stone, Patrick and John Collison. Most of the industry’s great leaders are driven by a vision of the world they’d like to see. Their work is much more driven by values than by commercial interest. That’s what I love about the tech industry. While the tech industry is by no means a perfect system, it’s still an industry that draws many creative visionaries seeking to actualise their dreams.

LH: Since moving to Australia you have been a very active contributor to the startup ecosystem here. You’re on the Board of LaunchVic, you are a regular speaker at key tech events – including co-founding the excellent Above All Human conference. How does the Melbourne startup eco-system compare to that of Silicon Valley? Why do you believe it is important to contribute to the eco-system like this?

SW: What’s exciting about the startup ecosystem here is that we’re still in the earliest stages of its inception. All of us around the table today can have a meaningful, formative impact on what emerges. As an entrepreneur, the ability to co-found, to build a new ecosystem from the ground floor, is an exciting challenge. Simply put, I want to build a community where I can see my children thriving, that will provide them with ample opportunities to be as innovative, experimental, and successful as they want to be.

LH: Susan, you have been involved in challenging a number of incumbent business models. Are there any particular industries or models that you feel are ripe for disruption over the near term?

SW: We’re at an exciting point in the evolution of the tech industry. We’re at the cusp of transitioning to a new set of platforms that will emerge to be the Facebook, Google, and Apple of our future. For example, VR/AR, deep learning/AI, bots/autonomous systems, and genomic data platforms — each of these industries is just at the cusp of massive transformation. There will be multiple startups across these sectors that are being born today that will one day touch nearly every human on the planet. [This interview was done before Pokemon Go was released, so we can already see the leaps and bounds in AR]

Fundamentally, we’re on the verge of totally redefining what it means to be human. I’d like to see more founders and engineers take ethics classes, and understand the massive ramifications of their work.

Also, I’m excited about the recent industry attention being paid to diversity and inclusion in the tech industry. If we’re all working to create the world we want to live in, then harnessing the perspectives of women, underrepresented minorities, and a diversity of voices, is critical. Who knows what types of new platforms, products, and innovations are possible, when we broaden the pool of entrepreneurs to entirely new viewpoints? That could in itself be transformative.

LH: If you could own any company in the world right now, what would it be?

SW: I think the most exciting companies today are SpaceX and everyone inventing the space around genomic engineering.

But I think the sector that’s most undervalued today is that around illuminating and empowering all of the potential that’s still locked up in ourselves, in the form of our cognitive and emotional systems.

LH: What do you look for when making a great hire?

SW: The people I most like to hire are those rare folks who have both great analytical/intellectual capabilities, and the wisdom to have cultivated a high EQ. People smarts are just as important as intellectual smarts, and all too often, EQ is undervalued in the tech industry. I love working with people who have a deep commitment to learning, and to continually improving themselves.

LH: People may not realise that earlier in your career you built the leading mod for Quake 2 tournament play and that you played Quake competitively. What do you think of the latest generation of online games, where do you see this sector heading over the next few years?

SW: I miss those exhilarating Quake 2 days. It was so much fun to stay up until 2am playing Rocket Arena or 1:1 DMs with your clan. The only thing keeping me up until 2am these days is my new baby! 🙂

Had I more time, I would be spending more effort investigating what’s going on in the AR and Interactive Fiction realms. Despite all of the advances in game technology, there are still no games as richly immersive or thought provoking as the text based MUDs of ages past. That may be about to change, we’ll see.

If you are seeking talent, advice or you are interested in startups, scale ups and digital transformation let’s talk.

Image by Stuart McEvoy for The Australian

Can you have your cake and eat it too? Barb Swanson on migrating to Australia, motherhood and moving sales targets.

Interview by Kevin Griffiths
Written by Madeleine Gasparinatos

If you ask Barb and Keith Swanson why they moved from their hometown in Texas to Australia, they reply “we moved for work”. But if you were to assume they moved for Keith’s work, which everyone does, you’d be wrong. It was Barb’s employer that moved them to Australia where she assumed the role of Vice President, Sales Asia Pacific for InterCall (now West Unified Communications).

For a newlywed couple (they tied the knot 3 months prior), it was a big move. Barb’s husband Keith was a Director for Aegon Direct Marketing and left the role to support the couple’s move. He also made it possible for Barb to get a head start on her role in Australia by staying behind in the USA and managing selling houses and cars, coordinating movers, and the mountain of paperwork and administration that comes with moving overseas.

Barb was granted an Employer Sponsored 457 Visa which allowed both her and Keith to work full-time in Australia. Keith found the job market strong in Australia and chose a role with IBM where he stayed for three years before moving to an APAC regional role with SAS.

Fast-forward nine years and Barb has just begun her latest role as Vice President Sales, Asia Pacific at TeamViewer. In those years, Barb has navigated the subtle and the not-so-subtle differences between the North American culture and that Down Under, had three children and taken three years out of the workforce to be a stay-at-home mum.

We were lucky enough to grab some time with Barb before starting her new role at TeamViewer. Her enthusiasm for the company is barely containable, and she’s excited to sink her teeth into the job. But before she starts kicking goals at TeamViewer, we were interested to get an insight on the journey that got her where she is.

The Decision – Texas USA, 2006

Once Barb was offered the opportunity to move to Australia with her then-employer InterCall (now West Unified Communications), the decision wasn’t easy.

“It was so hard. Talk about putting stress on the marriage!” Barb’s husband was the analyst in this process while she was more willing to take a leap of faith. He wanted to make sure that a decision wasn’t entered into lightly, and that all questions were asked and answered, which was an arduous process as InterCall was very new to moving executives overseas. In the end, Keith’s analytics and Barb’s willingness to “go for it” led them to a fantastic decision to accept the role and move to the other side of the world….literally.

Making the Move, March-June 2007

From the comfort of their Texan-sized house, Barb & Keith jumped online, looking for houses to rent in Sydney. They were excited to see the results, thinking they’d be able to afford something nice once they arrived. And then the penny dropped. Rent was listed weekly, not monthly like it is in so many places around the world. “That’s a reality check. You definitely give up space and luxury for location when renting a home in Sydney. There is a shortage of rentals, they are expensive, and not to the standards you’re likely used to dwelling in the US,” Barb outlines. But she also adds, “this, however, is a first-world problem, and the trade-off is that you are literally steps from the most amazing water and beaches in the world. You can come home from work and head to the beach.”

Settling in, Australia, early 2007

After finding a house, buying a car, setting up bank accounts and figuring out the logistics of life in Australia, Barb & Keith quickly set out exploring every spare weekend. Within an hour in either direction are beautiful beaches and mountains. They discovered that while on the surface Australian culture looks similar to American culture, it is very unique and special, which they’ve learned to love and appreciate.

And while the flights are long, Barb realised that Australia was the perfect place to build roots while working throughout Asia. Barb’s advice is that from a business perspective, Australia is a great place to land to work with Asia Pacific. Australia allows you to get your feet wet in a business market that is manageably similar to the US and gives you some grounding for your trips to Asia Pacific, which are anything but similar.

Same Same but Different

At MitchelLake, we’ve helped countless companies launch from one market to another. From our experience with businesses such as SurveyMonkey, Dropbox, and Facebook, it’s clear that there are differences between how business is done in the US and Down Under. “It’s similar to the mistakes Americans make going into Canada”, Barb notes, “it looks the same but companies soon find the pace and drivers are quite different.”

She continues, “For example, it’s much easier to get a sales appointment in Australia than it is in America. But in America once you get the appointment and gain interest you’re going to get the deal done a lot quicker. Timelines in your sales cycle are going to be different.”

Work Hard/Play Hard

Barb’s years of experience in the US, in a work culture that values face time, and the expectation of staying late for the sake of staying late, meant that coming to Australia was a bit of a shock. With the utmost respect Barb says “Australians have a reputation of not working as hard”. But Barb is quick to point out that she’s never had a problem getting the most of her team during business hours. There is, however, a respected work hard/play hard mentality and a high value on that time out of the office, at home, with friends and family.

Many Australians working global roles tend to log in very early from home to catch the US office hours and then take their time getting into the office after dropping kids at school. Offices tend to clear out by 5:30pm when people head home for dinner and family time. But these global workers will log back on after the kids are in bed to touch base with their European counterparts.

The Bureau of Statistics found that 5 million of Australia’s 7.7 million full time workers put in more than 40 hours per week, with 1.4 million putting in more than 50 hours per week. More than a quarter of a million Australians are clocking up in excess of 70 hours per week. But when it comes time for Australians to turn off, they’re off. “You will use all of your vacation days, and can easily be gone for two weeks” which is something rarely heard of in the US. Barb recommends preparing for January as business comes to a halt because it is the peak of summer, schools are off, and families are on holiday.

Surprising Seasonality

On January 2nd, 2008, Barb showed up to the office with her game-on attitude. She was ready to get down to business. For any business that is built on recurring revenue, January is a huge month. Unfortunately, she was by herself. She recalls, “I’m back in the office, and nobody’s there. No coffee shops were open. Nothing. It was barren”. So here’s Barb, not even 12 months into her role and her Australian team are taking 3-4 weeks off in January. The hurdles continued, “Finally the Aussies are back to work then most of Asia shuts down for two weeks for Chinese New Year!”.

The trick is to be nimble, “I moved the commission plan to start in March, to get a proper start, because there’s nothing you can do about it”, Barb says. “And I had a million incentives and programs in place in Q4 to make sure that Q1 was done and dusted once we got there”.

Success Down Under

Barb met with success in her role at InterCall in Australia. Leading a headcount of 130, she managed 18 offices across nine countries including China and India. During her time there she increased annual revenue 563 percent. From $22mill (USD) in 2006 to $146 mill (USD) a mere five years later.

Barb describes it as “a really fantastic experience”. She focused on bringing value to the team by rolling-up her sleeves and helping them sell. “I think they could see that what I was doing was working and I was able to give them the tools to do it themselves.” But most important to her success was the leadership team she put in place. “Where I had strong leadership and management, I had great results. Simple but hard.”

Let’s talk about Sex

The stats on gender are clear. Since 2010, female directors in company boards have been on the rise, yet less than 1 in 10 directors at ASX 500 companies are women. Of these, only 12 have female CEOs. What’s even more alarming is that 63.1% of ASX 500 companies have no female executives.

We could discuss at length the reasons why, but it’s likely we’re all familiar with these. What we’re interested in is the decision-making process that Barb has gone through as a mother – in a relationship or not – about returning to work.

Motherhood Changes Everything

Barb took four months off after the birth of her first son, which, she notes, is longer than you get in the US. Her role was demanding, but despite traveling 1-2 weeks per month, it was fine, “looking back, it was easy. We had a rhythm down”. Three months back in the job and Barb found herself pregnant with number two.

Barb’s very philosophical about what happened next. She attributes her success to her ability and desire to overcome challenges put in front of her. She realised that having two kids under two, a big job, traveling globally, and a requirement for round-the-clock phone calls was a new challenge. And for the first time in her life, she didn’t want to overcome it.

Six months after the birth of her second child, Barb was back at InterCall. She soon told her boss she was on the hunt for a different role, and the wonderful era of Barb and InterCall came to a close.

She had planned to take a break and move into something similar. But plans were delayed when “We decided to have our third baby.” You’ll see this listed in her LinkedIn profile under the ‘Swanson Family Expansion Initiative’.

Working for Free

On motherhood, Barb says “It’s cliché to say it’s hard work, but it’s hard work! There are no weekly 1-on-1s with your boss to get praise or constructive criticism, no promotions, no bonuses. Instead there are poopy diapers, tantrums, laundry, and dishes. Your “bonuses” come in the form of hugs and kisses or good behaviour at a crucial moment. Your “promotions” come in the form of progressing from nappies-to-toilet-trained.”

Annabel Crabb, author of The Wife Drought writes “The obligation that evolves for working mothers, in particular, is a very precise one; the feeling that one ought to work as if one did not have children, while raising one’s child as if one did not have a job. To do any less feels like failing at both”.

Barb took three years out in total, and she’s extremely and refreshingly honest about her situation, “I really tried being the stay-at-home mum. Really tried. And I appreciate that time with my babies. But I’m so glad to be heading back to paid work.” She knew she was going to be in a much better place and would be much happier back at work.

Better Than Imagined

When thinking about what a return to work looked like, Barb explains, “It looked like several steps back. I thought there was no way that I could move back into an executive role.”

Barb spoke to several recruiters in the space, and was surprised when she realised that she still qualified as an executive. “It was amazing and mind-blowing to me that I had all these opportunities coming. What an ego boost after spending three years at home with toddlers”. Barb credits Kevin Griffiths at MitchelLake for introducing her to the reality that her talents were still relative.

Barb’s decision to go full-time was influenced by many female friends and colleagues who work “part time.” She’s observed that typically a woman in a part-time position is still assumed to be the head of the household, managing house work, shopping and cooking, and child care/sick days in all of their assumed “free-time.” And it also seemed to her that most of these part-time roles were really full-time hours in less days, with part-time wages.

With the decision to go full time, Barb was on the hunt for “a role that excited me and kept me passionate.” A full time role also would afford Barb to outsource some of the housework and other things that would keep her from spending time with her kids when she was home.

Going through the interview process for TeamViewer, Barb was reading Lean In, Sheryl Sandberg’s autobiography on her experiences and women in the workplace. “I bought it in the airport on the way to an interview and found it so relevant and exciting to read. She [Sandberg] spoke so transparently about balancing motherhood and career. Her perspective gave me reassurance and inspiration.” Sandberg talks a lot about why so many female executives are leaving the workforce, and it’s because we haven’t sorted out how to give home and kids the right priority.

Lean In talks about Sandberg’s decision to communicate publicly that she leaves the office at 5 or 5.30pm. Barb observes, “People in Australia aren’t embarrassed about enjoying life outside of work”. You have to work smart, “Make the expectations of what you want people to deliver clear, and measure them consistently. That means it’s not about time.” This means that people can go to their kids’ events throughout the week, as long as the expectations are met.

TeamViewer

Barb was in Germany after two-days’ worth of interviews, in a restaurant reading Lean In, waiting to meet the boss and the head of HR, Martin Geier, TeamViewer’s Global Head of Sales, had done a wrap up with the seven people Barb had just met with. Martin said to Barb “Are you ready to get on the rocket?” (if you don’t know this reference, do yourself a favour and read here. “I feel serendipity about TeamViewer,” Barb gushes.

Before accepting the role, Barb researched TeamViewer from every angle. What she found incredibly encouraging about it is that it has bred a really fantastic, loyal customer base. Looking at blogs Barb would read more than a dozen people positively reviewing TeamViewer and three people “kinda talking about a competitor”. What TeamViewer has already is a passionate fan base. “There’s something really great and proud about what this product is. It’s really useful and the product works consistently”. The remote control and access is not only fast, but it meets a specific need. With 400 thousand paid users, they’re operating out of multiple locations worldwide, with native speakers from a whole range of countries.

The opportunity to build out APAC is something Barb has really enjoyed in the past, and the opportunity to do that again with such an exciting and proven company like TeamViewer seemed impossible to pass up.

Echoing Barb’s sentiment, Kevin Griffiths remarks that “TeamViewer is one of the most successful unknown businesses”. As a humble business with a really good culture, Barb is excited to get her hands dirty.

Barb and her husband both have full-on jobs. They’re in the fortunate position to be able to outsource services to be able to manage this. Barb has had to draw the line on what they can manage at home and what they can’t, “we have a lot to juggle”. The week prior to starting work was packed with setting things up at home, so the house can run without her.

Barbara’s story is about knowing what you want, and challenging stereotypes to get there. Andreas Koenig, TeamViewer’s CEO, is hugely impressed with Barb’s calibre. From his office in Germany he remarks on her experience, “Barb has done it before, but she’s so hungry and wants to make an impact.” Despite a change of country, and a huge change at home, Barbara is at the top of her game and we can’t wait to see her successes at TeamViewer.

Kevin Griffiths is part of MitchelLake Executive search. He is focused on supporting the success of start-ups, scale up and market entry for ventures in Fintech, IoT, cloud computing, big data and digital transformation. Kevin has successfully completed executive projects with News Corp, SurveyMonkey, Signal (formally BrightTag), BrightEdge, Criteo, Facebook, Guardian, Zeebox, Hybris, Yammer, Westfield Labs and Woolworths to name a few.

Madeleine Gasparinatos was the Marketing and Events Manager for the MitchelLake Group. With an extensive background in touring digital and creative thought-leaders, and an obsession with all things tech and innovation, Madeleine looks after MLG’s content as well as local and international events.

Image supplied

Remembering the human element

In an industry fuelled by resumes, applicant tracking systems, sourcing lists, job boards, online profiles, process automation, analytics, emails, and all the other things that represent a person’s identity, it’s now all too simple to forget about the human element of recruiting.

We all have those stories about receiving insight or a life lesson from someone that has carried significant value and helped us grow in one way or another. Some minor, obscure, or even substantial advice that has taught us a lesson to live by. Mine came in the form of my first boss in the recruiting industry – someone who would later become my mentor. They showed me the ropes and taught me the moves. The same individual changed my personal views about the work that I do on a daily basis. His name will go unsaid, but this person comes from a reputable background of 20 years of recruiting, with loads of wisdom, scars and a story associated with every lesson learnt along the way. Over the course of a couple of years I became accustomed to the tales and analogies, but one particular bit of wisdom he shared with me very early on in our relationship has impacted my career, and is the reason I am writing this today.

To my memory it went something like this: “In this business, you must always keep sight of what is most important. You must always remember that the service you provide and ultimately the product you deliver, involves the most irrational thing on this planet… human beings. Always remember the human element in the work you do. These are people; not just numbers. Not a placement, not a bonus, not a butt in a seat, but a human being. The work you do creates an opportunity for a person to provide. Therefore you have the ability to change a complete stranger’s life. There is power in that. Your work impacts human beings. Keep this in mind. It will differentiate you in the market and trust me – the success will follow.”

Now, I am positive this is nothing new. Nothing ground-breaking here. I am not even 100% sure he came up with it (I have a feeling I’ve read something similar in one of those self-improvement books out there). But what I am certain of is the impact this has had on my career and the way I run my business. I always try to remember that the paper or digital representation of talent in front of me is connected to a person. Our service involves people, not widgets. Our raw materials are the relationships we build. The human element is the most important aspect of recruiting (no people = no recruiting, right?) and it is often overlooked in a business driven by digital technology and data.

Candidates often become commoditized and are forgotten in the process. The quick click to decline a resume is really declining a human being. Trust me, I am guilty of it is as well. I know how easy it is to get caught up in the hustle and bustle and lose sight of what we are doing.

Especially if we become fixated on the end product or the outcome of the service we provide – that placement, that bonus, that revenue target or whatever it is that has the ability to make us forget that we work with human beings. We need to remember this factor and build it into our daily operations.

Internalising this credo is not rocket science, nor is it simple. My advice for remembering the human element is focused on a couple of core principles that I try to apply to every candidate interaction:

Listen

Actively listening to people is an art in addition to a skill. Learn who your candidate is. Learn their story. Learn their drivers. Though it takes little effort to listen, people acknowledge when you do and will appreciate it.

Understand

We are all fighting our own battles. We all have a life outside of work. Things come up and schedules change.

Be flexible (to an extent). Keep in mind the decisions being made will have an impact on this person’s life so have some compassion.

Take Time

Rome was not built in a day. Nor is building a relationship with a person over a 20 minute phone screen. Be thorough. Give a person your time. There is always more to the story than what is written.

Build Trust

You are the candidate’s number one advocate. Give them the inside scoop. Calm their concerns. Be the trusted advisor. Be the person they can confide in and rely on. If they cannot trust you, who in the process can they trust?

Be Honest

Don’t beat around the bush, be straight with people. Have the tough conversation. Provide feedback. Share your thoughts. Even if they do not admit it, people appreciate honesty.

It is that simple. In every candidate interaction if you seek to listen, understand, take time, build trust, and be honest you will undoubtedly separate yourself from the transactional masses out there trying to do the same job. Our technologically-advanced society is having profound impacts on the way human beings interact and treat one another. Some positive and some negative of course, but you have the ability to influence this by always remembering the human element in the work you do. Candidates will pick up on it and it will pay dividends in its own time.

If you have any thoughts on the human element in recruitment, we’d love to hear from you on Twitter @MitchelLake.

Would you jump for equity? Recruiting for Startups vs Larger Companies

Over the past year at MitchelLake, I’ve been working as an embedded recruiter at three different tech companies at various stages of growth: a recently acquired software as a service (SAAS) company, a nimble/agile/early-stage/small but mighty hyper-growth start-up, and a mid-sized media technology company undergoing massive levels of scaling to in order to hit its next stage of growth.

As I managed software engineering openings/reqs for these different companies, I realised that the motivation behind how engineers pick their opportunities has changed significantly since I started recruiting two years ago. Engineers now view opportunities as investments and they are more compelled to make a career change when lured by the possibility of equity within a company. Whether it be via an acquisition or an IPO, the ability to make 10 times or more on a return from owning equity within a company has been a much larger draw to engineers in comparison to the traditional compensation model of a base and/or target bonus.

As a result, companies are starting to be more transparent than ever before with their equity data. While companies will keep specific financial information confidential, they know that equity is a major factor for offers/compensation packages/most people, and will almost always disclose enough information for final round candidates to be able to gain some sense of the financial implications of the equity being offered. This includes information such as current valuation, current round of funding, strike price, remaining outstanding shares, fair market value, and approximate headcount.

Recruiting for a hyper-growth startup was much more enticing and convincing to many more engineers rather than working at an acquired SAAS company or a mid-sized media company. There seems to be a common assumption that working for a larger company or an acquired company is not as appealing or “sexy” simply because of the assumption of dealing with bureaucracy and not making a big impact. Google is a great example of the opposite where creativity and agility aren’t stifled by acquisitions. They enjoy a high retention rate of engineers because they work on compelling projects and continually allow their engineers to make an impact despite being a 10,000+ headcount organization.

As recruiting strategies and methodologies evolve to continually retain and attract top tier talent, it is intriguing to witness how compensation differs between different-stage companies. Where large companies have the ability to provide large cash compensation to grab potential employees’ attention, smaller companies provide more equity to entice individuals to join. Startups may be attractive, but 90% of startups fail. We are currently witnessing the de-valuation of certain unicorns such as Snapchat, Zenefits, and Dropbox. Furthermore there have been articles about tech companies going bankrupt like Zirtual. There’s many more startups going under that don’t make the news, too.

What would it take for you to move from a tech unicorn that may not make it after all? Let’s talk, or come find us on Twitter @MitchelLake.

You’re doing it wrong: my rant to hiring managers

Burning Man is a rite of passage for most recruiters, right? It is in the circles I hang with, so bear with me.

“You’re doing it wrong” is a phrase heard often amongst my Burning Man community. I know what you’re thinking: that this phrase doesn’t really fit into the Burning Man ethos – and you’re right. Most of the time, when Burners say “you’re doing it wrong” it’s actually a subtle, loving jab meaning the inverse of “good job.” You’ll hear it said it in a fun and playful way, as an exaggeration of everyone’s neurotic moods and screaming while building camp. Basically, the intention is to remind everyone that we’re on THE PLAYA – the happiest place on earth – and not to take things so damn seriously!

I’m not the type to say “you’re doing it wrong”, but more and more I’m finding myself wanting to scream it to hiring managers! If you’re a hiring manager and you’re doing any of these things, then you’re doing it wrong (and you’re probably going to have a difficult time hiring)!

1. Taking longer than 24 hours to respond to your recruiter’s emails, texts, calendar invites, HipChat, Slack, G-chat, Facebook message, WhatsApp, Kik message, or any of the other tools people and organisations are using these days to be able to have faster and more efficient communication. Sure, so that list seems a little aggressive, but we all use them, and if you’re taking longer than a day to get back to us: you’re doing it wrong! There’s just no excuse for this with modern technology, I don’t care how busy you are. We’re trying to help build your career here, so why you don’t reply has me stumped.

2. Asking to change, rearrange, or cancel a scheduled interview/meeting at the last minute. I get it – stuff happens! There are times when we all have emergencies to deal with and metaphorical fires to put out. That’s life. But if this is happening regularly – you’re doing it wrong! And you’re especially doing it wrong if you always expect your recruiter to clean up your mess and figure out a new schedule at the last minute. Recruiters are not administrative assistants and are not here to help you manage your own schedule, although most of us are willing to help with these issues when we’re able to.

3. Interviewing with only a “buying” mentality. In today’s hiring climate, you better assume that any talented (INSERT: engineer, designer, product manager, project manager, etc) you’re interviewing has plenty of options when it comes to choosing where to work next – so you better be “selling” the opportunity at your company, at every step in the recruiting process. This is where candidate experience also becomes important – making sure the candidate has a great experience interviewing at your company will increase the likelihood they will choose your company over XYZ startup that also has (INSERT: ping pong table, Thursday kegs, bi-weekly catered meals, a killer snack selection, etc).

There are many other “wrong” things hiring managers can do throughout the hiring process, but in the interest of keeping my rant to a minimum, I’ve given my top three pet peeves. If you’re a hiring manager and you’re responsive to your recruiters in a timely fashion, if you’re responsible with your calendar, and you treat every candidate at every step like a potential customer, then you are already way ahead of the curve! You’re doing it right, so well done, and see you at Burning Man.

Wanted: Entrepreneur-in-Residence at muru-D

Since 2013, muru-D has achieved a lot. With 44 companies in the portfolio, a base in three cities (Sydney, Brisbane, Singapore) and having $4m capital raised by companies and more than that generated, it’s hard to imagine the local startup ecosystem without it.

Dubbed ‘the godfather of Australia’s startup ecosystem”, Liubinskas has been muru-D’s Entrepreneur-in-Residence since the beginning. After 30-odd trips to the States, Liubinskas is moving to Silicon Valley to create stronger networks, to challenge himself and to support Australian fast growth tech companies with global ambitions.

He’s certainly leaving some big shoes to fill.

We’re so pleased to have worked closely with Mick for several years, and we look forward to following his journey in the Valley. With MitchelLake’s offices in SFO we’re sure he’ll never be too far away.

It brings us to an exciting time and opportunity here in Australia. MitchelLake will be looking to find someone to help mentor and be an integral part of scaling the next generation of Australian startup success stories. In Mick’s own words “if you’ve run a few startups, got some global experience and love coaching entrepreneurs” then we want to talk to you.

In this phenomenal role, you’ll steer muru-D’s mandate to grow the ecosystem.

Is this you?
If you think you have what it takes, or know someone that does, please get in touch with
Jamie Finnegan on jamie@mitchellake.com or phone +61 478 163 550 or

Kevin Griffiths on kevin@mitchellake.com or phone +61 412 343 041

Read more:
In Mick’s own words

AFR

Startup Daily

Author

Kevin Griffiths leads MitchelLake Executive for the ANZ Practice. Based in Sydney, he is focused on supporting startups, NewCo’s, scale-ups, and established tech companies with C-suite and board requirements, in addition to working with Australian SME’s and enterprises undergoing digital/technology transformations.

Since joining MLE in 2012, Kevin has led over 100 searches. His time has been divided into three key areas – CEO searches for scale-ups or tech companies going through transformation; CTO/CPO searches for tech companies with a global requirement to bring talent to Australia with technology and/or product leadership at scale; and consulting to and leading searches with clients looking to innovate, who are seeking advice from the MLE practice on the question of build, buy, or partner.

Prior to joining MLE, Kevin was a Partner at BMS where he built and led the Midlands commercial practice in the UK, before moving to Australia to help scale the business in Sydney and Melbourne.

KevinGriffiths

kevin@mitchellake.com