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Founder playbook

Building Your First Team

A structured hiring process for the first ten employees: role definition, sourcing, work-sample evaluation, offers, ESOP and the first 30 days.

PlaybookFounder Playbooks8 min read
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The first ten hires set the standard for every hire after them. At this size there is no management layer to absorb a bad decision, so the process has to be deliberate even when it feels slow.

Before you open a role

  • Do the job yourself for at least a month so you can evaluate the work.
  • Write the outcome the role owns in one sentence, with a measurable target at 90 days.
  • Confirm the role is a bottleneck today, not a bottleneck you expect in six months.
  • Set the salary band and ESOP range before the first conversation, not after.

Sourcing at pre-seed

  • Your first five hires almost always come from your own network or your investors'.
  • Write the role publicly with real detail - stage, salary band, equity, and what is hard about it.
  • Prioritise people who have worked at your stage before over brand-name pedigree.
  • Referral bonuses work; expensive recruiters at ten people usually do not.

The evaluation process

  • Screen (30 min) - motivation, stage fit, compensation alignment.
  • Work sample (2–4 hours, paid) - a real, scoped piece of your actual work.
  • Deep dive (60 min) - walk through their last two years decision by decision.
  • Founder conversation - values, ambiguity tolerance, how they handle being wrong.
  • Two backchannel references you source yourself, not from their list.
  • Score every candidate against the same written criteria before discussing them as a group.

Offers, salary and ESOP

  • Pay below market on cash and above market on equity - and say so plainly.
  • Typical early ranges: first engineer 0.5–2%, senior functional lead 0.5–1.5%, early generalist 0.1–0.5%.
  • 4-year vesting, 1-year cliff, and a written explanation of strike price, exercise window and dilution.
  • Put the offer in writing within 24 hours of the decision, with a response deadline.

The first 30 days

  • Ship something real in week one, however small.
  • Assign an owner for onboarding - the founder, at this size.
  • Write down the 90-day target on day one and review it weekly.
  • Run an honest 30-day check-in and act on it. A mis-hire caught at 30 days costs a month; caught at nine months it costs the team.

Building your round right now?

Apply to the RaiseMoney incubation programme and work through this with our team.