This article is a lightly-edited summary of the key takeaways from our speakers’ appearance on our podcast, The Shape of Work. If you haven’t listened to our show yet, be sure to check it out here. These speakers have an incredible stable of startup experiences to draw from, the kind of stories that are unbelievably helpful for HR/people managers to hear.
On this episode of The Shape of Work podcast, we welcome Aniruddh Singh, founder of a fintech app that facilitates easy and fast group payments.
GUEST AT A GLANCE:
Name of the guest: Aniruddh Singh
What he does: Co-Founder of goDutch
Find him on LinkedIn.
Get Smart: “We would hire people who have similar DNA as us.”
In this episode, you will get valuable insights into:
- How did goDutch start?
- Hiring in goDutch
- Leading teams effectively
- Hiring tips to other founders
- HR lessons Aniruddh picked up along the way
- Remote work vs in-office
How did goDutch start?
goDutch is a ‘born in lockdown’ company. Aniruddh and his friends realized the hassles of a group payment. There is a solution for one-to-one payments, but group payments are always troubling. In addition, the app allows one to keep track of how much one spends, give alerts for pending payments, and more.
It organizes the entire group payment process and also removes social barriers while asking for money from friends.
Hiring in goDutch:
Hiring was a difficult thing for the company as no one knew how to do it.
Hence they narrowed the qualities they wanted in their employees.
That has been the easiest thing for them as they created a process where they would try to interact with the person and then give them an assignment. They looked for what the candidate could do to grow the company.
Leading teams effectively:
One thing they realized was that all of them should be chasing the same goal. That is where they can assure the best results. In addition, the company focuses on engagement activities, and schedules feedback calls to focus on the well-being of the employees. It is working on building a relationship with them and helping them while working.
These are the ways the company pursues to manage its teams.
Hiring tips to other founders:
According to our guest, an early-stage startup should:
- Hire people who have similar energy and passion, who are ambitious
- People who have the required skillset
HR lessons Aniruddh picked up along the way:
There are plenty of lessons Aniruddh picked through this startup. Many people do not follow the same core industry that they studied for. But that should not be as important as having work experience and the skill set in the role they are opting for. Additionally, discussing problems with the employees can help the company understand how they interact with them and find a solution.
He also discusses the importance of open communication.
Remote work VS in-office:
Aniruddh feels that as a startup, people have to brainstorm and form strategies together. Hence they want to keep it in-office. Later, a few roles can be made flexible/hybrid accordingly.