Why you should hire people smarter than yourself?

As an entrepreneur founding your own business, one of the most important elements to consider is to employ staff who can add value to your start-up. No matter how substantial the idea and how strong the product is, the fate of your start-up ultimately rests on the shoulders of the team around you. Even one weak member could cause an entire business to crumble.

entrepreneur.com  regularly discusses the need to hire people smarter than you, hiring intelligently and seeking people whose brilliance exceeds your own. 

But how do you identify the right employees to help your business fulfil its potential? Of course, what it means to be ‘a smart employee’ depends on the role to be filled. Do you need a hacker who will stay up all night so that there are no bugs in a code, a PR executive who is willing to relentlessly cold call journalists to get your product into the news, or a graphic designer who will not finish for the day until the end design is perfect?  Ultimately, you’ll know you’ve made a good decision when an employee makes you say: “I never would have done or thought of this in a million years!”

One of the biggest challenges for an entrepreneur is ensuring that you have the right mix of talent and personalities within your team to encourage growth and creativity whilst working towards one shared goal. As David Ogilvy, the father of advertising, once said, “Hire people who are better than you are, then leave them to get on with it. Look for people who will aim for the remarkable, who will not settle for the routine.”

Bringing together smart people with a range of skills and expertise means that you can cover all the bases of running a business. Start-up founders should strive towards growth and excellence. They need to hire for their start-up by creating a team which facilitates curiosity, openness and humility.

Serial Entrepreneur and ‘dragon’ James Caan CBE https://www.linkedin.com/pulse/20140218111942-32175171-the-key-to-success-hiring-people-better-than-you regularly discusses the need to hire smarter than you. 

He discusses the problem of employers needing to overcome the fear of taking on a new person who could ultimately pose a threat or challenge. Any hiring decision should always be done for the good of the start-up as a whole and not just based on personal emotions. Recognising your personal strengths and weakness and bringing in people who are better than you in certain skill sets, he says is a sign of strength. There’s an added benefit too – as well as developing your business, hiring people who are better than you in certain areas will naturally improve your own skill set.