Tier One People launch Fintech advisor service to give founders the support they need, when they need it most.
Access to the right people, investors and partners is the biggest challenge facing any founder.
And hiring is also the one challenge most founders are least equipped for.
When we interviewed 300 plus founders, less than 1% have a background in HR, talent or recruitment.
And of the 300 plus Fintech we have assessed, fewer than 10% have any HR expertise in their business sub 30 people.
Yet over 90% of founders stated finding the right people was their number one challenge. And more than 50% said bad hiring decisions had set the business back.
The traditional recruitment model is too expensive for startups. We've seen so many startups waste valuable capital on recruiter fees.
The results of using a recruiter are mostly underwhelming and we only ever advise clients to use specialist recruiters for specialist roles. We believe startups should do as much hiring as they can themselves.
Here's the big problem though. Hiring is complex, yet most founders think it is easy, until it's too late and they have made some really bad hiring decisions.
It only takes one bad hire to ruin the culture.
The reverse is also true. On rockstar hire can be the catalyst to hiring an all-star team, without getting a recruiter involved.
We believe the solution to helping founders scale doesn't lie in us filling jobs, but in offering our support, expertise and guidance throughout the growth journey.
So, due to demand from the Fintech community we offer a far more affordable solution to using recruitment firms with the launch of our Advisory Service.
Tier One People's Fintech advisor service gives founders the support they need, when they need it most.
It's been designed to help founders navigate the early stages of growth, from seed round to series B.
On an affordable monthly subscription model, founders get access to all of the experience and expertise we've built in helping FIntech scale effectively.
Clients also get to tap into one of the most comprehensive networks in Fintech. We'll connect you in to the right partners, advisors and investors.
Plus we'll promote your business on the the FinTech Australia Podcast that is listened to by execs from banks, financial institutions and investors from Australia, UK, US and Asia.
One client recently saved $150,000 with just a 30-minute phone call!