A business requires human resources of various types who possess a range of skills a business needs. These skills vary according to the function and level of the role. In all functions, junior levels need execution skills, whereas senior levels need managerial and leadership skills. At senior levels, the business leaders themselves may have some strengths and they may be weak in the other areas. It is useful for an entrepreneur to be aware of his strengths and weaknesses. A company must have a well-balanced mix of skills at the top.
Among all the people that are hired in a company, the most important people an entrepreneur hires are the person or persons in leadership positions who can complement his weaknesses, those who are good at the skills which he himself is lacking.
Sometimes, entrepreneurs make the mistake of hiring all the people who are similar to themselves. This may make the company stronger in some areas, but it leaves it weak in other areas. A company should not become a team of clones. People with a diverse set of skill sets make a team versatile and increase the likelihood of its success.
Entrepreneurs must play on their strengths and hire for their weaknesses. Hiring to fill up their weaknesses is the most important hire of an entrepreneur.