EP 83: How to build a healthy startup culture and the challenges of hiring talent. The hidden costs associated with hiring the wrong people.

Join our host James Mackey and his guest Connor Swalm, CEO at Phin Security for an insightful episode as they dive into the world of startups, focusing on the challenges and strategies involved in hiring talent, scaling teams, and fostering a strong company culture.

They discuss how to scale a startup and the challenges of hiring talent from enterprise backgrounds to the startup world.

Discover why culture fit is crucial in startups and how prioritizing alignment and setting clear expectations are essential for long-term success. They delve into the detrimental impact of a bad hire, the hidden costs associated with hiring the wrong people, and the importance of hiring for attitude and soft skills.

They explore the future of security talent in startups shedding light on the types of skills and expertise that will be in high demand over the next years.

Lastly, they shift their focus to the impact of technology on security insurance, delving into the realm of insurtech and what is missing in cyber insurance companies.

  1:18 Connor Swalm background

  3:45 Lessons learned from hiring talent as a startup.

  6:28 Why culture fit is crucial in startups

11:30 Why high-growth companies need to be transparent about challenges

16:40 The hidden cost of hiring the wrong people

28:30 Onboarding and collaboration

32:45 Companies should require hiring managers to create a 30, 60, 90 day plan before they can open a new role

40:09 What skillsets will be required in cybersecurity over the next years

42:37 What is Insurtech

45:57 What are the risks and rewards of cyber insurance?

51:16 Why cybercrime is so popular in foreign countries

Thank you to our sponsor, SecureVision, for making this show possible!

Our host James Mackey

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Thanks for listening!

Chapters

• 2:13 Connor Swalm background
• 4:40 Lessons learned from hiring talent as a startup.
• 7:23 Why culture fit is crucial in startups
• 12:25 Why high growth companies need to be transparent about challenges
• 17:35 The hidden cost of hiring the wrong people
• 29:25 Onboarding and collaboration
• 41:04 What skillsets will be required in cybersecurity over the next years
• 43:32 What is Insurtech
• 46:52 What are the risks and rewards of cyber insurance?
• 52:11 Why cybercrime is so popular in foreign countries