159: Henry Ward & Josh Merrill - CEO of eShares: How To Hire, Manage, & Lead

<p>Episode 159: Henry Ward & Josh Merrill - CEO of eShares: How To Hire, Manage, & Lead</p> <p>Henry Ward is the CEO of eShares. Josh Merrill leads product and Marketing at eShares</p> <p class="p1">Hiring Principles:</p> <p class="p1">Hiring means we failed to execute and need help</p> <p class="p1">Startup employee effectiveness follows a power law</p> <p class="p1">False Positives are okay, False Negatives are not</p> <p class="p1">Culture is defined by who we hire</p> <p class="p1">Hiring Heuristics:</p> <p class="p1">Hire for Strength vs Lack of Weakness</p> <p class="p1">Hire for Trajectory vs Experience</p> <p class="p1">Hire Doers vs Tellers</p> <p class="p1">Hire Learners vs Experts</p> <p class="p1">Hire Different vs Similar</p> <p class="p1">Always pass on ego</p> <p>Episode 159: Henry Ward & Josh Merrill - CEO of eShares: How To Hire, Manage, & Lead</p> <p>Subscribe on <a href="http://www.ryanhawk.net/">iTunes</a> or <a href= "http://app.stitcher.com/browse/feed/64865/details">Stitcher Radio</a></p> <p align="center">The Learning Leader Show</p> <p>"The success of a company is the sum of the people in it."</p> <p>In This Episode, You Will Learn:</p> <ul> <li>Patience, long term thinking, and understanding that your success will be determined by the people you surround yourself with will lead to sustained excellence</li> <li>Product focused and understanding "The Artist's Dilemma"</li> <li>The best produce it for themselves</li> <li>How eShares was created</li> <li>Why their partnership works so well</li> <li>What Josh feels Henry doesn't do well (Interesting moment!)</li> <li>Why don't more companies publicly share what they believe in?</li> <li>eShares hiring process</li> <li>Why you shouldn't hire someone because they are a "culture fit"</li> <li>Why you shouldn't have performance plans -- Once you've deemed the person is not working, then fire them immediately</li> <li>Hiring for trajectory vs. experience</li> <li>How it's similar to the LA Rams drafting Jared Goff with their #1 pick... Being patient to develop him</li> <li>How should you grade employees? Don't... Teach them to grade themselves. Don't give people a number grade -- "How am I doing?" "You're doing a 2."</li> <li>How to fire someone: <ul> <li>Give sincere explanation for why</li> <li>Don't make it one-sided</li> <li>Help them with what's next</li> </ul> </li> <li>Be intrigued about what you do -- "eShares is a learning experience for me. I'm doing things I've never done before"</li> </ul> <p>"False positives are okay. False negatives are not."</p> <p>Continue Learning:</p> <ul> <li>Read his Henry's posts on Medium: <a href= "https://medium.com/@henrysward" target= "_blank">medium.com/@henrysward</a></li> <li>To Follow Henry on Twitter: <a href= "https://twitter.com/henrysward" target= "_blank">@henrysward</a></li> <li>To Follow Josh on Twitter: <a href= "https://twitter.com/josh_io" target="_blank">@josh_io</a></li> <li>To Follow Me on Twitter: <a href= "https://twitter.com/RyanHawk12">@RyanHawk12</a></li> </ul> <p>You may also like these episodes:</p> <p><a href="http://bit.ly/1OOLpjJ">Episode 078:</a> Kat Cole – From Hooters Waitress To President of Cinnabon</p> <p><a href="http://bit.ly/1PoVpmv" target="_blank">Episode 071:</a> Nate Boyer - Green Beret, Texas Football, The NFL</p> <p><a href="http://bit.ly/1K776uS" target="_blank">Episode 047:</a> David Marquet - "Turn The Ship Around"</p> <p><a href="http://bit.ly/21vBS5d">Episode 107:</a> Simon Sinek – Leadership: It Starts With Why</p> <p>Did you enjoy the podcast?</p> <p>If you enjoyed hearing Henry Ward and Josh Merrill on the show, please don't hesitate to send me a note on <a href= "https://twitter.com/RyanHawk12">Twitter</a> or email me.</p> <p>Episode edited by the great <a href= "http://www.runanddrummedia.com" target="_blank">J Scott Donnell</a></p> <p>The Learning Leader Show is supported by <a href="http://daordesign.com/" target="_blank">Daor Design</a> - Daor Design will help you build your brand like nobody's business. Most of their work falls into one of four categories: Logo Design, Print Design, Web Design or Digital Marketing. They pride themselves in being a trusted, valued resource for their growing family of clients.</p>