Episode 263: The Importance of Ethics in Hiring

00:20 Introduction to Russ Law, CEO and co-founder of Verensics

01:12 What are the three things every entrepreneur needs to know when starting out?

04:13 Dealing with self-doubt as an entrepreneur

10:15 What problem does Verensics address?

11:11 The impact of hiring on organizational culture

12:39 How Verensics’ software helps improve the interview process

27:42 What advice would Russ give to his younger self?

28:46 Taking the leap into entrepreneurship is tough

30:05 What helps Russ persevere?

30:31 Pursuing passion makes a big difference in motivation

 

Amplify Your Business: A Journey of Ethical Entrepreneurship

In this episode of Amplify Your Business, we interview Russ Law, CEO and co-founder of Verensics, a company that focuses on the ethical aspects of hiring and employee assessment. Russ shares his experiences as an entrepreneur and emphasizes the importance of perseverance and hard work in building a successful business.

The Grind of Entrepreneurship

Starting a business is not as glamorous as it seems. Russ Law talks about the challenges he faced when he left his stable corporate job to start his own business. He emphasizes the importance of perseverance and the millions of small actions that contribute to success.

The Roller Coaster of Entrepreneurship

Entrepreneurship is a roller coaster ride of emotions. Russ Law describes the wild swings from feeling on top of the world to wanting to quit and find another corporate job. He highlights the rewards of being an entrepreneur and the opportunity it provides for better work-life balance.

The Power of Aptitude and Trustworthiness

Russ Law emphasizes the importance of aptitude and trustworthiness when it comes to hiring the right people. He explains that these qualities have been shown to be the most correlated with job success. He also points out the limitations of background checks and the need for a more comprehensive approach to screening candidates.

The Neglected Role of Ethics in Hiring

Verensics focuses on ethics in the hiring process, which is often neglected by many companies. Russ Law highlights the importance of assessing candidates' ethical attitudes and behaviors, as they can have a significant impact on an organization's culture. He emphasizes the need to make interviews a valuable tool for gathering important information.

The Verensics Solution

Verensics offers an innovative solution to the challenges of pre-employment screening and vetting, insider threat detection, and workplace investigations. Russ Law explains that their online smart questionnaire platform allows HR teams, corporate investigators, and insider threat teams to gather more informed and productive information about candidates and employees.

The Journey from Corporate to Entrepreneurship

Russ Law's journey from a stable corporate job to entrepreneurship was driven by a desire to make a difference and have more control over his own destiny. He shares his experience of encountering unethical behavior in the corporate world, which led him to start his own business and use technology to address the challenges of gathering information about ethics and involvement in criminal activity.

Navigating Partnerships and Conflict

As an entrepreneur, Russ Law has faced challenges with partnerships and conflicts that can arise. He shares his insights on managing partnerships and making difficult decisions when someone's behavior starts negatively impacting the entire leadership team.

Looking into the Future

Russ Law's journey as an ethical entrepreneur highlights the importance of perseverance, aptitude, trustworthiness, and ethics in the hiring process. Verensics provides organizations with the tools to make more informed and productive hiring decisions. As the business world evolves, ethics in hiring and employee assessment will become increasingly important. Entrepreneurs like Russ Law will continue to shape the way we think about hiring, paving the way for a more ethical and successful business landscape.