What I learned the sec­ond time round A se­rial en­tre­pre­neur’s 7 steps to build­ing a suc­cess­ful team

Any mis­takes learned in found­ing my first busi­ness helped me thrive dur­ing the growth of my sec­ond, fin­der.com.au. I’ve al­ways been a fast learner and it wasn’t long be­fore I be­came quickly ed­u­cated on what would work and what wouldn’t.

Business First - - TALENT -

is the co-founder of


Fin­der.com.au orig­i­nally started as Cred­it­cardfinder.com.au with just three peo­ple at a shared of­fice space in 2006. Growth since then has been so sub­stan­tial that we now have a range of com­par­i­son sites un­der fin­der. com.au that are driven by 27+ staff. I am a firm be­liever that the suc­cess of our growth all comes down to the choice of a bril­liant team.

Reach­ing this point, how­ever, hasn’t been a straight path and de­vel­op­ing a process for se­cur­ing prof­itable and mo­ti­vated em­ploy­ees, who man­age them­selves to achieve re­sults, has been my fun­da­men­tal fo­cus in busi­ness this time around. I de­vel­oped a process that al­lows me to pick out the A+ play­ers from the A play­ers and have made a con­scious ef­fort to share my vi­sion with these staff from the very be­gin­ning.

I’ve de­vel­oped seven steps for other busi­ness lead­ers based on this process. These are key fac­tors that should be con­sid­ered be­fore you even be­gin advertising a po­si­tion and should also be val­ues that are shared with the whole team – not just new em­ploy­ees!

Seven steps to build­ing a suc­cess­ful team: 1 Don’t hire av­er­age staff, or you will end up with an av­er­age com­pany. Slow down – there should be no rush when it comes to hir­ing. It’s bet­ter to wait just that bit longer rather than hire the wrong per­son. Also, ques­tion if you need to hire; could you op­ti­mise your sys­tems more ef­fec­tively to de­crease the need for another set of hands? 2 Ask more ques­tions, not less. Who you hire im­pacts the other top per­form­ers in your com­pany. Find out as

Fred Schebesta

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