Paul Hutchinson: building a company that could attract missing skills

Hutchinson recalled acknowledging gaps in the founders' experience while planning a company that could attract people with those skills.

The founders identified their limits

He described a conversation with his partner about whether they had the background to manage a much larger fund. His answer recognized the gap and connected the company's early design with recruiting more experienced people.

Richard returned to the team

Richard summarized the discussion in terms of integrity, taking care of investors and avoiding limits imposed by a founder's background. The concrete part of Hutchinson's answer was creating a foundation that could attract additional expertise.

In Paul Hutchinson's words

"we structure it in a way where we can attract the right people" (Paul Hutchinson, recorded interview with Richard C. Wilson)

How to use this

Name the skills the founders do not yet have.
Explain what would make the company a workable role for an experienced recruit.

Questions and answers

What did Hutchinson connect with recruiting?

How the business was built and structured from the beginning.