Saturday, March 14, 2020
Getting Hired in the Blockchain and Cryptocurrency World - Enhancv
Getting Hired in the Blockchain and Cryptocurrency World - Enhancv33Two insider accounts of how hiring works in a field unlike any otherIf I told you I knew someone with 10 years of experience in banking, theres no reason you should care. But if I told you I knew someone with 10 years of experience in blockchain, you should sit up and take notice. Because that person could only be the mysterious creator of the technology itself.All that is to say, if someone decided they wanted to hire someone with at least 10 years of blockchain experience (common in many other industries for senior positions) they would be out of luck. Those people dont exist. So in a world where we see existing experience and formal education as the two ways to get hired, how does hiring work? If youre interested in working in the industry, what can you do?Why blockchain companies are hiring fastWhen it comes to hiring, the blockchain and crypto industry is being pulled in two directions. On the one hand, ICO (Ini tial Coin Offerings) have made financing far more available. This has allowed many companies to hire faster than would have been possibly relying on traditional sources of financing. Combine this with an annual growth rate of 51% (even with the occasional hiccup) and its clear that companies should be hiring quickly.On the other hand, while the money to hire new workers is often there, the workers themselves arent. As should be clear by now, an industry this young is nearly guaranteed to have a dearth of experienced technical professionals. Most blockchain development projects either involve vast sums of money or sensitive information stored on the blockchain. Mistakes can therefore be catastrophic, so companies are under intense pressure to hire development teams they can rely on.Combine those two forces and you have a recipe for real tension. But more importantly, you have a place for huge opportunities for job seekers. The question for many is, how to be one of those getting hire d.Insider tips for getting a blockchain developer jobDespite the intense need for technical expertise, Nikolay Todorov, founder and CEO of the blockchain development and consulting company Limechain put it bluntly when he said tech skills are secondary to culture fit. As hes grown his company 5 to 20 employees in its first year, his top priority skills have actually been adaptability and perseverance. The thinking is similar to that of other industries, technical skills (as tricky as they are) can always be taught. But teaching the adaptability and perseverance which is so critical to thriving in an industry like this is far harder.Still, technical expertise is important. This is particularly true for companies developing their own blockchain. For attracting the kind of talent needed for such projects, high salaries and other perks often arent enough. Nemanja Cerovac, chief product officer at the cryptocurrency market analysis firm Santiment, points out that sometimes, its not about the money. Its whether your projects vorstellung excites the talent enough to be part of it.This makes sense considering Todorovs focus on perseverance. With all of the unpredictability of such a new industry, companies need to offer a compelling vision to get through the ups and downs. This also dispels a pernicious myth within the industry, namely that its all about Lambos and getting filthy rich For Cerovac, if you show up under that illusion and youre not likely to get hired.But aside from insights into getting a job on the technical side, one thing both Todorov and Cerovac emphasized was the need for non-technical workers in the blockchain industry.The surprising opportunities in non-technical blockchain jobsSurprisingly, the toughest positions for Limechain to hire for are non-technical. Hiring blockchain developers is the most straightforward, however, marketing and sales roles are also a challenge as the approach to positioning, marketing katechese and sales approach is sli ghtly different from the traditional field of the tech sector. In fact, the most difficult position Limechain has had to hire for is a project manager.Ultimately, Todorov sees some of the biggest opportunities in the field as being in non-technical jobs. Cerovac echoed this when he explained that experience in blockchain or crypto would be great. If you dont have any, dont let that stop you from applying. The same focus on soft skills exists here as well, with adaptability and perseverance totenstill paramount among them. So demonstrating that you possess these traits will get you a major leg up.All in all, their experiences show how the hype around blockchain and crypto has not been enough to bring in good non-tech hires. But ultimately, for technical and non-technical hires alike, the best way to stand out in hiring is to show the right personality traits and get involved in the community.The most important teil in hiring community involvementA strong and surprisingly small commun ity is at the heart of the blockchain and crypto world. For Santiment, involvement in that community has been critical to growing its team. Looking at the hiring side, Cerovac thinks not enough people realize that social, community and humanitarian skills are of great value in blockchain space. As a result, perhaps the most valuable thing you can do to get a job in the industry, whether technical or not, is to join the community. A history there goes a long way towards landing a coveted job and proving that youre getting involved for the right reasons. Founders like Todorov arent interested in bringing on employees who are getting into blockchain development simply because its hot at the moment. He describes wanting to see a genuine and sustained interest in the long-term potential of the technology. The challenge is demonstrating that sustained interest from the first time a recruiter sees your resume straight through to the interview.Beyond being an important tool for matching can didates with roles, Cerovac sees strong communities as being the critical element sustaining blockchain and crypto companies as they grow. Its best to start by looking at local co-working spaces, blockchain companies, or open meetups to get a foothold in your local community.The takeaway hiring in blockchain and crypto isnt what youd imagineIf you think you dont have the technical expertise to work in the field, clearly that element isnt as important as you thought. For those with the right attitude and a willingness to get involved in their local blockchain community, the opportunities are significant. But in the meantime, companies are still likely to struggle with hiring the talent needed to bring their lofty ambitions to life. Ultimately, if blockchain and crypto technology is going to change the world, it needs to overcome its own HR hurdles first.
Monday, March 9, 2020
What Its Like to Work at a High-Growth Startup
What Its Like to Work at a High-Growth StartupWhat Its Like to Work at a High-Growth StartupThis deutsche post ag was written by Mehdi Jaffer, the Global Marketing Lead at AlphaSights, a company that connects investors and business leaders with the knowledge they need to succeed. Based in the companys London office since joining the firm in 2013, Mehdi is responsible for growth projects with a focus on in aller herren lnder marketing, branding, and communications. Passionate about his work at one of the worlds high-growth companies, he explains what its really like to work for one.AlphaSights is currently hiring 2014 grads, 2015 grads and 2016 gradsforAssociatepositions in New York and San Francisco.If you thumb through the pages of TechCrunch, Inc Magazine or even The New York Times, youll notice more and more column inches are dedicated to unicorn startups, each with mind boggling valuations. Creative license aside, these stories use growth buzzwords to create the illusion that suc cess for these companies was inevitable and their growth natural like a tap that can be turned on, adjusted or switched off at will. You hear about concepts going from ideation to adoption in real-time, industry-wide disruption and the inexorable crossing the chasm as if it happened overnight. Airbnb just makes sense and Uber is of course the natural successor to traditional taxi services in 300+ cities.Novel ideas have their own disruptive quality. However, sweeping success, and indeed sustained growth, does not happen overnight.It can be messy, confusing and complicated. Indeed, while financial performance may continue to increase (and long may that be the case), there are a few myths that must be debunked about working in a growth company.1. Growth doesnt happen by accidentPublications that glamorize entrepreneurship and small businesses have done a fantastic job of inspiring more start-ups than at any other point in business history, while creating jobs in the process. But succ ess in this field, predominantly measured by revenue growth, is a product of the hard work of the employees on those teams. By the time success stories are presented to the media, it appears as though growth was an inevitable result. But rather, it is the product of hard work, tough decisions and competing priorities strategic and tactical, hiring and firing, operational and managerial, that either spark such growth or do not.2. Different parts grow at different speedsHigh-growth can and often does mean that the infrastructure of the firm is not yet equipped to operate at a larger scale. Sales growth is but one measure of a companys success. While critical and essential for a young organization, other areas often reflect work in progress. The operations unit might seem slick and well-organised, but technology might be under-resourced. Recruitment might be market-leading but customer service second-rate. This is something you will definitely run into and must accept if you choose to work in such an environment. But it also means that you will have the opportunity to learn from this growth, and that your contributions will make an impact, generally even outside your specific role.3. Growth companies need the right kind of ambitionWe receive thousands of applications per month but leise run into issues hiring the right people. Why? Because many applicants are to us as moths are to a flame candidates are attracted by the growth of the company, the bright lights and loud music. But ultimately, they are not in the right mindset to handle the challenges that come with ensuring a high-energy, results-oriented company continues to flourish. At AlphaSights, we often come to the conclusion that many candidates are not steely or tenacious enough to be one of the contributors to rather than just a beneficiary of stellar and consistent growth, year after year.Life in a growth company can be hairy, chaotic, and riddled with problems and challenges. And, on the other hand, there are many benefits to secure, stable and established places of work. Ultimately, it is up to the individual to select the environment that is right for them. But I dont think Im alone in thinking that for us at AlphaSights such instability can be inspiring, the numerous challenges come to represent opportunities, and our shortcomings are areas to improve. If you share that thinking, AlphaSights could be the place for you.This post originally appeared on the AlphaSights blog.
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