A talented postdoc should be able to add their own unique perspective to the research, and they should see their role as an opportunity to be creative and to add value. However, as we plow through CVs and resumes we find applicants who expect a course to be laid out, or a lab to be already established. That’s never the case with a start up. There are so many uncertainties and variables that can lead to failure or bankruptcy. Therefore, finding a postdoc who understands this and can navigate these obstacles is critical.
Budgets can help you understand fixed costs, like salaries and maintenance contracts. However, everyone in science knows that the variable costs associated with research are as predictable as the hypothesis itself. Therefore, to understand what those variables are, and to predict them, requires collecting the financial data associated with the science. It requires us to be able to separate those costs relative to the projects and operations.