Why this guide is a must-read
If you are gearing up for U.S. expansion, this guide is a treasure trove of insights on navigating the unique challenges of entering the American market. From understanding compensation norms to mastering the nuances of U.S.-style negotiations and hiring processes, this resource empowers you with the knowledge to make informed decisions. Whether it's adapting to the fast-paced U.S. hiring environment, aligning with cultural differences in communication, or choosing the ideal U.S. location for your business, this guide offers practical experience-based advice to ensure your expansion is as seamless and successful as possible!
Actionable steps for making US hires
Actionable steps to help European companies make US hires.
Erevena, a global executive search firm, really hits the nail on the head with their latest guide. It echoes so much of what we've been seeing and talking about in 2023. There's a lot to unpack here, and we're excited to dive deeper into these insights. But for now, let's explore the valuable gems Erevena has shared.
Your US hiring checklist:
Identify the key leadership roles, especially in Go-to-Market, that are crucial for your expansion
Research U.S. compensation standards to understand salary and equity expectations in the U.S. market; and prepare to offer competitive compensation packages
Optimise the hiring process by streamlining your interview procedures to match the faster pace in the U.S., ensuring timely decision-making and feedback for candidates
Adapt to cultural differences by getting familiar with U.S. communication and negotiation styles; adjust your approach to match these differences
Seek candidates experienced in working across different time zones to ensure effective collaboration; assess candidates' fit with distributed leadership and collaboration models
Strategise U.S. location by evaluating potential options based on your business model and needs, considering factors like time zones, talent pool, and remote vs. in-office work
Leverage European innovation by highlighting the strengths of your European products and innovations in the U.S. market; use your unique European perspective as an advantage in the competitive U.S. landscape
The in-depth report
How AlbionVC can support
The AlbionVC platform team are here to offer guidance and support tailored to your unique journey. To help you navigate the complexities and opportunities of U.S. expansion, we have these resources available at hand:
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We're excited to be a part of your journey into the U.S. market and are here to support you with resources that align with your vision and goals. Let's navigate this exciting new chapter together!
Up next!
Tune in for more as we unpack the full employment journey in a follow up piece on US Expansion.
How are you navigating the US?
Are you happy to talk about your US expansion journey? We’d love to share your learnings and best practices with the AlbionVC start-ups.
