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Satya Prabhakar on startup hiring and retention

I attended a presentation on entrepreneurship by Satya Prabhakar, Founder & CEO of Sulekha.com, on August 31 at an event organized by TiE-Chennai and the Loyola Institute of Business Administration (LIBA). I found the points he made on hiring and retention quite interesting. He suggested entrepreneurs look out for "5Is" for hiring and 'three 4-letter words" for retention. The "5 Is" 1. Intellect 2. Initiative 3. Industry (ie, Hard work) 4. Integrity 5. Interpersonal Skills The 3 4-letter words: 1. Work (i.e., its content) 2. Love ("Am I valued and appreciated here?") 3. Hope ("Is this place enroute to something great?") Entrepreneurs should not allow an employee to settle into a comfort zone and keep setting the bar higher. Arun Natarajan is the Founder & CEO of Venture Intelligence, the leading provider of information and networking services to the Private Equity and Venture Capital ecosystem in India. Click here to learn abou...