Episode 42. Scaling to 300 employees in just seven months

Startup Recruitment Failures

In this episode, host Indre Kaikare interviews Andrius Bogdanovicius, the founder of CTO2B. With over 20 years of experience in the financial technology sector, Andrius shares his journey and insights on recruitment challenges faced while building his startup. He recounts a notable experience of scaling a company to 300 employees in just seven months, highlighting the importance of evaluating candidates' soft skills for team compatibility rather than solely focusing on hard skills.

Andrius discusses the high attrition rates experienced after this rapid hiring phase, attributing some issues to the pressure of quick recruitment that compromised cultural fit. He emphasizes the importance of a disciplined hiring process and the need for more thorough evaluations as the company grows.

Overall, Andrus stresses the significance of self-belief in leadership and the importance of trusting intuition during the hiring process, acknowledging how the shift to remote work and video interviews presented unique challenges compared to in-person meetings. The discussion wraps up with valuable insights for new founders navigating the recruitment landscape.

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