Alex recently interviewed at an Internet startup here in Silicon Valley. The company has a reputation as a well managed start-up with potential to change the market space it operates in. A headhunter had done an excellent job of selling the company to Alex, who entered the interview with excitement and interest. He ended up going to five interviews over the course of two weeks and did a lot of personal reference checking to find out about the company. In Silicon Valley as anywhere else, knowing the “inside story” is particularly important when investigating a new position. Most candidates want to know the answers to questions like these: What’s it really like to work there? What’s the reputation of my potential new boss? How are the projects assigned? And so forth. Alex received a mixed set of references from the few associates he knew who had any knowledge of the company. Several people knew his potential boss, and a few even knew what the venture firms were saying about the company. Most of his information led him to conclude that this firm was as good as most to work at and had a mixed assortment of good and bad points. But, even with this information, he turned down the offer he eventually received. In chats that I have had with him, and others like him, many lessons can be learned. Here are a half dozen things that explain why candidates often turn down even your best offers:
The lesson to be drawn from all of this is simple: be clear, be consistent, be quick, and personalize everything you do in recruiting. Actually these are pretty good axioms for most things in business or personal life (except in love)!