45 minutes | Aug 3rd 2020

How Do We Create Career Paths Within Startups?

Play Next
Mark Played
Want to get your best employees to stick around?
In this episode of Startup Therapy, Ryan Rutan and Wil Schroter talk about how contribution outweighs years of service, capabilities dictate career progression, and why Startups enable accelerated career growth.   
Listen in for tips on expanding careers without the hierarchy.
Sign up for the Startups Newsletterhttps://www.startups.com/newsletter
What To Listen For:
  • [00:02:20] Hierarchy isn't necessary for people on the team to grow. 
  • [00:06:34] We want as flat of an organization as possible.  
  • [00:10:05] What happens when you move to another company 
  • [00:11:50] Growth essentially needs to be unpacked.
  • [00:15:31] Cash needs to align with contribution.
  • [00:20:09] Opportunity wherein you can't go to another company because you pay the most in your current position.
  • [00:22:54] Understand what's motivating folks to stay.
  • [00:28:28] The reflection of your progression is through your capabilities. 
  • [00:30:27] Position progression shouldn't have anything to do with managing people. 
  • [00:33:33] Don't look at the years of experience, anyone can level up.
  • [00:36:19] Measure employee value by contributions, not by time employed.
  • [00:39:26] In smaller companies you can get your hands on stuff you couldn't touch before.
  • [00:42:45] People can outgrow the company, or grow faster than the company's growth. 
  • [00:44:55] Title progression is not bound by who's ahead of you.
Play Next
Mark Played