There are many types of startups. Some fail and some succeed. However, most would agree that the best startup is not its product but the talent it attracts.
Finding the right talent can be difficult. You need to attract the experience, skills and culture that are entrepreneurial-friendly.
Although young professionals may be capable of the task, they may not have the key experience. Mid-career professionals possess the skills sets but are more likely to take on risk. Startups are often unable to afford the salaries that experienced professionals expect.
What’s a startup supposed to do? For Movo, a hot Silicon Valley startupFirst and foremost, you give great talent the opportunity for the world to change, which is why the company was able attract its new talent acquisition. Daniel Kjellen (President and CMO) has the necessary background in fin-tech payments and finance.
“Movo is on a mission to transform mobile devices around the world into a ubiquitous banking system with the starting goal of turning 68-million un-banked adult Americans into banked consumers. “It all starts with cutting costs by innovating.” says Eric Solis, CEO. For Movo, that means offering a free alternative banking platform with a first-of-its-kind P2P payments app for this neglected market. Movo accounts are opened and loaded without a bank account right from a mobile device. Stored value is then redeemable in the form of a real-time digital VISA card, which can be spent at retail using standard POS equipment or integrated with Apple Pay. Movo can also be used to instantly pay bills right from a mobile device.
Imagine what the world would look like if the smartest executives in America spent their time and energy at companies delivering products and services that they truly believed in. “One key indicator of success is the positive effect and the change we bring about in those around you.” says Kjellen. “We believe that innovation and value can only be achieved if we keep our passion for changing the world alive.”
With more than 16 years of proven success at companies like Check, PayPal, and Green Dot, Kjellen joined Movo for these reasons. “Eric has a commitment to building a team that is based on a double bottom-line philosophy. I believe we are at the edge of something amazing. Please visit www. www.movocash.com.