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Rob Walling

๐Ÿ‘ค Speaker
4343 total appearances

Appearances Over Time

Podcast Appearances

Startups For the Rest of Us
Episode 826 | How to Find, Hire, and Work with Owner-Level Thinkers

I couldn't make hard decisions with incomplete information.

Startups For the Rest of Us
Episode 826 | How to Find, Hire, and Work with Owner-Level Thinkers

I didn't know how to do that.

Startups For the Rest of Us
Episode 826 | How to Find, Hire, and Work with Owner-Level Thinkers

And then it took me another five to, I don't even know, five to ten, five to eight years to really feel into it and to be confident in my own ability to trust my founder gut and to develop my founder gut to the point where I was making good decisions because that's what being an owner level thinker requires.

Startups For the Rest of Us
Episode 826 | How to Find, Hire, and Work with Owner-Level Thinkers

So to recap that, I do think generally it's more senior and experienced.

Startups For the Rest of Us
Episode 826 | How to Find, Hire, and Work with Owner-Level Thinkers

If I was going to hire someone, I would generally be thinking about years on the job as at least a proxy.

Startups For the Rest of Us
Episode 826 | How to Find, Hire, and Work with Owner-Level Thinkers

And of course then you have to evaluate, because again, someone can be 15 years in and still be a task level thinker.

Startups For the Rest of Us
Episode 826 | How to Find, Hire, and Work with Owner-Level Thinkers

Second question is, in your experience, what is the compensation range for U.S.

Startups For the Rest of Us
Episode 826 | How to Find, Hire, and Work with Owner-Level Thinkers

or North America?

Startups For the Rest of Us
Episode 826 | How to Find, Hire, and Work with Owner-Level Thinkers

Because obviously in Canada, someone might be 20% or 30% cheaper.

Startups For the Rest of Us
Episode 826 | How to Find, Hire, and Work with Owner-Level Thinkers

And this is the compensation range for owner-level thinkers.

Startups For the Rest of Us
Episode 826 | How to Find, Hire, and Work with Owner-Level Thinkers

This is really hard to answer because it depends.

Startups For the Rest of Us
Episode 826 | How to Find, Hire, and Work with Owner-Level Thinkers

So you can get someone who has the raw material, who is a great project-level thinker and is itching to be an owner-level thinker and really run their own thing, but they've never been allowed to.

Startups For the Rest of Us
Episode 826 | How to Find, Hire, and Work with Owner-Level Thinkers

And so they're right on that cusp.

Startups For the Rest of Us
Episode 826 | How to Find, Hire, and Work with Owner-Level Thinkers

It's hard to tell, we're going to talk a little bit later about how to evaluate or how to identify project and owner level thinkers.

Startups For the Rest of Us
Episode 826 | How to Find, Hire, and Work with Owner-Level Thinkers

But if you get someone right on that cusp who becomes an owner level thinker within the first year or two of working for you, then obviously you can get them at a certain salary range.

Startups For the Rest of Us
Episode 826 | How to Find, Hire, and Work with Owner-Level Thinkers

And if I think US or North America, I mean maybe 80, 90,000.

Startups For the Rest of Us
Episode 826 | How to Find, Hire, and Work with Owner-Level Thinkers

But if I think of someone who has the experience and has been allowed to stretch their legs and really drive an org,

Startups For the Rest of Us
Episode 826 | How to Find, Hire, and Work with Owner-Level Thinkers

and really be an owner-level thinker and they were kind of paid commensurate based on their value, you were definitely looking at low to mid six figures.

Startups For the Rest of Us
Episode 826 | How to Find, Hire, and Work with Owner-Level Thinkers

However, it depends on where they live.

Startups For the Rest of Us
Episode 826 | How to Find, Hire, and Work with Owner-Level Thinkers

I know task-level individual contributor developers living in the Bay Area who are making $500,000 a year.