The Founder's Hiring Playbook - Limitless Capital

The Founder's Hiring Playbook

The complete A-to-Z system for hiring A-players, avoiding costly mistakes, and building the team that will win your market.

Your #1 Job is Hiring

As a founder, you wear a dozen hats. But only one of them is a true force multiplier: Chief Recruiter. The team you build determines your company's ceiling. A team of A-players can turn a mediocre idea into a market leader. A team of B- and C-players will run a brilliant idea into the ground.

This playbook is designed to give you, the founder, a systematic process to find, vet, and close the A-players who will build your future. It’s not magic; it’s a process. Let's begin.

Part 1: Defining Your Target

Step 1.1: The Mission Document

Stop writing "Job Descriptions." Start writing "Mission Documents." Instead of a list of responsibilities, you define the single most critical outcome this person must achieve.

Key Components:

  • Mission: A single, compelling sentence describing the core purpose.
  • Outcomes (First 12 Months): 3-5 specific, measurable results they must deliver. This is your scorecard.
  • Core Competencies: The non-negotiable skills and traits needed to achieve the outcomes.

Example: Mission Document for a "Head of Marketing"

Mission: Build a predictable pipeline of 100 sales-qualified leads per month.

Outcomes: 1) Reduce Customer Acquisition Cost (CAC) by 20% within 6 months. 2) Increase organic traffic by 50% in 12 months. 3) Successfully implement and manage a marketing automation system (e.g., HubSpot) within 90 days.

Competencies: 1) Deep expertise in B2B SaaS SEO & SEM. 2) Data-driven decision making (fluent in analytics). 3) Player/coach mentality (can execute and lead).

Step 1.2: The Ideal Candidate Avatar

Beyond skills, who is this person? Visualizing your ideal hire helps you write better outreach and recognize them when you see them.

  • Experience Profile: Have they "been there, done that" at a similar stage (e.g., Seed to Series A), or are they a high-potential up-and-comer from a larger company?
  • Company DNA Fit: Do they thrive in scrappy, ambiguous environments, or do they need structure? Are they comfortable with rapid pivots?
  • Core Motivators: Are they driven by the mission, the opportunity for autonomy, the learning potential, or financial upside? Your pitch must align with their motivation.

Part 2: The Vetting Process

This is your funnel. Each stage is designed to test a different aspect of the candidate, saving you time and increasing signal.

Stage 1: The Phone Screen (20 mins)

Goal: Screen for basic fit, motivation, and deal-breakers. Is there a fundamental mismatch in salary expectations, remote work preference, or career goals? Find out now.

Stage 2: The Competency Interview (60 mins)

Goal: Deep-dive into past performance. Use the STAR method (Situation, Task, Action, Result) relentlessly. Ask our "Must-Ask Questions" from the next section.

Stage 3: The "Test Drive" Project (2-4 hours)

Goal: See their work and thinking in action. This is the single best predictor of future performance. Always pay them for their time—it shows you value their work and are serious.

"Test Drive" Project Blueprints:

  • Engineer: "Here's a small, self-contained bug from our backlog. Please fix it and submit a pull request. We're most interested in your thought process and code quality."
  • Marketer: "Based on our website, draft a 1-page go-to-market brief for a hypothetical new feature. We want to see how you think about positioning, channels, and messaging."
  • Sales Rep: "Do a 15-minute mock discovery call with me for our product. I will play the role of a skeptical prospect."

Stage 4: Reference Checks (The Right Way)

Goal: Validate your findings and uncover blind spots. Don't ask "Were they good?" Ask specific, probing questions. Always try to speak with at least one former manager they reported directly to.

Part 3: The Complete Interview Question Bank (40+ Questions)

Use this list to build your interview script. Pick the questions that best map to the competencies you need.

Category 1: Testing Self-Awareness & Humility

  1. What's the hardest professional lesson you've ever had to learn?
  2. Tell me about a time you completely failed. What did you learn from it?
  3. What's something you used to believe to be true, but have since changed your mind on? Why?
  4. What part of this role seems the least exciting to you?
  5. What's the most difficult professional feedback you've ever received, and how did you handle it?
  6. What are you not good at, professionally?
  7. If you could have any superpower, what would it be and why? (Tests creativity and values).
  8. Who do you admire most in your field and why?

Category 2: Testing Ownership, Grit & Drive

  1. Walk me through a project you owned from start to finish that you are incredibly proud of.
  2. Tell me about a time you had to achieve a big outcome with very limited resources.
  3. Describe a time you had to push a project forward that had significant opposition.
  4. What's the most ambiguous situation you've had to navigate at work? How did you create clarity?
  5. How do you stay motivated during a long, difficult project?
  6. Describe a time you went above and beyond the job description. What was the result?
  7. What's the most demanding professional goal you've ever set for yourself? Did you achieve it?
  8. How do you define "hard work"?

Category 3: Testing Strategic Thinking & Problem Solving

  1. If you were CEO of your last company, what would you have done differently?
  2. Teach me something complex that I don't know in 2 minutes.
  3. Looking at our company/product from the outside, what is the biggest opportunity you see? What's our biggest threat?
  4. If you were to start on Monday, what would your first 30, 60, and 90 days look like?
  5. How would you measure your own success in this role?
  6. Walk me through your decision-making process for a significant professional choice.
  7. You have two competing priorities and only enough time for one. How do you choose?
  8. What's a common industry practice you think is wrong or inefficient?

Category 4: Testing Curiosity & Proactivity

  1. How do you stay up-to-date on the latest trends in your field? (Ask for specifics: podcasts, books, blogs).
  2. What's the most interesting thing you've learned in the last 3 months (work-related or not)?
  3. What skill are you trying to develop right now? How are you doing it?
  4. What questions do you have for me? (The quality of their questions reveals their intelligence and preparation).
  5. Is there a project you've worked on in your own time that you're passionate about?

Category 5: Testing Teamwork & Communication

  1. Tell me about a time you had a fundamental disagreement with a colleague. How did you resolve it?
  2. How do you build trust with a new team?
  3. Describe your ideal relationship with a manager.
  4. How do you prefer to give and receive feedback?
  5. Tell me about a time you had to persuade someone to see your point of view.
  6. How would your previous colleagues describe you in three words?
  7. What makes a team dysfunctional? What makes a team great?

Part 4: The Scorecard & The Close

The Interview Scorecard

After each interview, every interviewer must fill out a scorecard. This forces structured thinking and mitigates "I just have a good feeling about them" bias. It's your defense against costly mistakes.

Competency Rating (1-5) Evidence & Notes (Specific examples from the interview)
Data-Driven Decisions
B2B SaaS SEO & SEM
Player/Coach Mentality
Culture Contribution
Overall Recommendation: Strong Hire / Hire / No Hire (with justification)

Closing Your A-Player

You found them. Now, you have to win them. A-players have options. You rarely win on salary alone. You win by selling the things that truly matter:

  • The Mission: Constantly reinforce how their specific role connects directly to the company's grand vision. Show them their impact.
  • The Team: Great people want to work with other great people. Arrange a final "sell" call with your most impressive team member or another founder.
  • The Growth: Sell their personal and professional growth trajectory. Show them the skills they will learn and the career path they will forge here that they can't get anywhere else.
  • Radical Transparency: Be honest about the challenges and the opportunities. The best candidates are energized by big problems, not scared of them.