The Startup Chat With Steli And Hiten

Today on The Startup Chat, Steli and Hiten talk about the idea of nurturing talent internally vs hiring proven talent externally. When it comes to key positions that need to be filled at a company, founders are usually faced with the dilemma of nurturing talent within the company or hiring people with a proven track record. This decision typically depends on the amount of work a company is willing to do; nurturing talent means the company needs to put in time, effort, and resources in training its own staff while hiring one can be a much quicker process. In this episode, Steli and Hiten highlight the pros and cons of hiring proven talent from outside the company vs nurturing one from within. They also talk about reasons why some people aspire to management and leadership roles, what motivates people to do this and much more. Time Stamped Show Notes: 00:34 – About today’s topic. 02:56 – Steli is always big on potential and talent who always want to nurture people. 05:56 – Hiten thinks the decision is all about