• Who should be the first growth hire?

  • Sources:

    When considering the first growth hire, experts highlight several key strategies and profiles to consider:

    1. Hire a Potential Leader:

      • Instead of hiring just a single person, prioritize someone who can lead a team. This person should have the experience to recruit and manage a comprehensive growth team, including designers, marketers, and engineers 1.
    2. Founder-Led Initial Growth:

      • Initially, the founder should lead growth. This ensures deep understanding and alignment with the company's vision. Only later should you consider bringing in a senior growth expert, after the foundational strategies are established 2.
    3. Internal Candidates:

    4. Initial Team Formation:

      • Start with a small team that works closely with the founder, including a couple of engineers and a designer. This team can lay the groundwork before hiring a more senior growth leader 4.
    5. Experienced, Not Necessarily Senior:

      • Choose an experienced growth marketer or mid-level hire over a very senior or very junior person. This balance ensures they have relevant skills while also being scrappy and ready to grow into a more senior role in the future 5.
    6. Technical and Product Proficiency:

      • Ensure the first hire has a mix of technical and product skills, with a strong ability to analyze data, set up experiments, and understand customer experience 6.
    7. Salary and Equity Considerations:

      • For the first growth hire in the U.S., expect a salary range of $150,000 to $250,000 with significant equity. This ensures they are incentivized for the long-term growth of the company 7.

    Following these insights will help in making a strategic first growth hire that lays a strong foundation for the company's growth trajectory.

    RELATED QUESTIONS