You have an idea to create an interesting startup, but you don't know where to start. I'm sure you want to hire dedicated developers who will help realize your idea in the best possible way. In this article, we will discuss how to hire developers for a startup and enjoy the collaboration.
First of all, it is necessary to clearly describe your idea. Nobody except you knows the project better. This is your idea, which can bring millions of dollars in income. Structurize your thoughts for future developers and your project. It can be a new peer-to-peer marketplace, or Amazon like website. Make a list of the features and capabilities that you want to implement. Earlier we wrote about the startups that failed. Take into account their experience.
Money & MVP
Money is one of the most difficult questions for a startup. At the first stage, they are not enough, and to get an investment you need to prepare the project. Investors should see what they are investing in. In this case, I recommend starting from MVP (minimum viable product). A project with a minimum set of functions is a good start to a great future. Minimum of functions, minimum time and minimum budget. A few months of work (depending on the complexity) and you can launch a startup. A finished product can attract the attention of investors. But anyway, you must have a minimum budget for the start, especially if you have in mind something with exchange trading platforms.
Share in the company
You can motivate dedicated web developers to work not for money, but for a share in the company. This is an interesting approach, which doesn't always lead to the desired results. Share in the company in the distant future can't be motivated for a long time. In our experience, enthusiasm lasts a maximum of 1-2 months. Then the top developer loses interest and disappears, in the future he may appear and demand his share, as he made efforts and contributed to the company. Be very careful with this issue and choose reliable partners.
You can hire freelancers to develop a startup company. This is a good choice, but it has some risks. If you can find a good freelancer, this is only half of the win. As a rule, they are good in one type of skills. A developer cannot be a good designer and analysts. If you want to get a large investment, you need a project of high quality: professional design, high speed, without bugs. Thus, you must take care of the high qualifications of the developer, designer, tester, architect and even analyst. You must understand, this is your investment in the future.