team and advisors for startups

19
Tuesday 01.07 Teams & advisors

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Post on 07-Dec-2014

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How to create a good team and do I need an advisor for my startup?

TRANSCRIPT

Page 1: Team and advisors for Startups

Tuesday

01.07

Team

s &

advi

sors

Page 2: Team and advisors for Startups

I have an Idea

Idea everything begins with an idea

Money always needed and hard to find

Domain Expertise Learn fast from the experts

Timing and Luck not to underestimate

Team you can’t do it alone

[email protected] vanton_cytech

Page 3: Team and advisors for Startups

What is a good team

Page 4: Team and advisors for Startups

What is a good team

• Has a common plan and goal

• Supports each other

• Participates and share opinion

• Adapt fast

• Learn fast

• Takes others opinions seriously

• Has roles but creates space for

expression

[email protected] vanton_cytech

Page 5: Team and advisors for Startups

OK I want a team. Now What?

Page 6: Team and advisors for Startups

Can I afford a good team

Money

not the most important ingredient but helps you

recruit the best

good to haveProcess

helps you choose the best based on data backed

arguments

don’t underestimate itTeam spirit

they choose to come on board for that

invaluable

[email protected] vanton_cytech

Page 7: Team and advisors for Startups

sophie daneJOHN DOE Mary poppins donald duckLucky Lukeco-founder developer Graphics designer Sales marketing

No Idea where to begin

[email protected] vanton_cytech

Page 8: Team and advisors for Startups

Prioritise

Personality Can we work together for 10+ hours per day

Competence What do they know to do

Track Record Do they have any experience

Dedication Do they believe in the idea and the team

Progress How fast can they learn and evolve

[email protected] vanton_cytech

Page 9: Team and advisors for Startups

OK now I have a team

“Keep the team focused and tight and be sure you are all working towards

the same goal”

[email protected] vanton_cytech

Page 10: Team and advisors for Startups

OK now I have a team

Page 11: Team and advisors for Startups

You are the servant and

the guide

OK now I have a team

[email protected] vanton_cytech

Page 12: Team and advisors for Startups

www.company.com [email protected] +123 456 789 Our street 123, city, Zip code

Co-founders or not

Page 13: Team and advisors for Startups

Co-founders or not

Tennis is a sport for two So is Boxing

Not always a friend At least at the beginning

Many Talents Many different tasks at the beginning

Committed and Focused

RiskTaker 007

[email protected] vanton_cytech

Page 14: Team and advisors for Startups

• Have to be 100% focused

• Not always the “bosses”

• Part of the team and not above it

• Give space for self expression

• Listen and not order others

• Develop a code of communication

• Develop a company culture

Co-founders or not

[email protected] vanton_cytech

Page 15: Team and advisors for Startups

Advisors

Page 16: Team and advisors for Startups

Do I need an advisor

What is your company’s maturity

you just have an idea? a team? a company?

What do you need from an advisor

General help? recruiting? contacts?

sales?

Are you ready for them

to take advantage of their help? to compensate

them? to argue with them?

[email protected] vanton_cytech

Page 17: Team and advisors for Startups

• Don’t go to a professional at the

beginning

• Prefer someone with hands-on

experience

• Ask for complementary skills

to yours

• don’t look for an instructor

How to choose one

[email protected] vanton_cytech

Page 18: Team and advisors for Startups

To finish

Page 19: Team and advisors for Startups

To finish

thank youFor your attention

[email protected] vanton_cytech