Midas List Recruitment
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A strategy for identifying and building relationships with top talent while working at a company, focusing on future recruitment opportunities.
Core Strategy
- Create a personal "Midas List" of the 5 most interesting/talented people in your company
- Focus on people you'd want to recruit later for your own ventures
- Build relationships while working together
- Keep track of their specific strengths and capabilities
Key Benefits
- Builds a talent rolodex for future companies/projects
- Creates a network of proven performers
- Helps identify underrated talent before others do
- Provides warm leads for future recruiting
How to Approach It
- Look for standout performers in different departments
- Example: "This girl in data science massively underrated"
- Example: "This guy on sales team is incredibly smooth"
- Note specific skills and strengths
- Maintain relationships even after leaving
- Reach out when opportunities arise with personalized messages
- "You were on my list of 5 people I'd love to work with someday"
Why It Works
- Talent rolodex becomes a limiting factor when building new companies
- Proven performers are easier to recruit than unknown candidates
- Personal relationships make recruitment easier
- Working together provides real evidence of capabilities
Implementation Tips
- Start building list early in your tenure
- Focus on both current performance and future potential
- Look beyond obvious top performers
- Consider cultural fit and work style compatibility
- Keep relationships warm through regular contact
34:53 - 37:13
Full video: 48:44SP
Shaan Puri
Host of MFM
Shaan Puri is the Chairman and Co-Founder of The Milk Road. He previously worked at Twitch as a Senior Director of Product, Mobile Gaming, and Emerging Markets. He also attended Duke University.