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Theperfectrecipeforastartupteam 101004130814-phpapp01

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    Theperfectrecipeforastartupteam 101004130814-phpapp01 Theperfectrecipeforastartupteam 101004130814-phpapp01 Presentation Transcript

    • HOW TO MAKE THE PERFECT STARTUP TEAM FROM SCRATCH
    • ABOUT TO START YOUR OWN VENTURE?
    • EAS Y! I T ’S
    • YOU JUST NEED THE RIGHT TEAM TO BE SUCCESSFUL
    • BUT FIRST, YOU HAVE TO FIND THE RIGHT BUSINESS PARTNER S AS STA RT U P DAT I NG I K E TO T H I NK OF T H I WE L
    • WHEN EVALUATING WHO TO PARTNER WITH ASK YOURSELVES “DO WE…”?
    •  …share a passion for solving an existing problem?  …feel comfortable being brutally honest?  …have similar drives for success?  …believe we can trust one another?  …hate quitting?  …are patient?  …want to be in it together for the long haul?
    • IF THE ANSWER TO ALL THOSE QUESTIONS IS YES, THEN YOU’VE FOUND YOUR MATCH!
    • NOW ON TO THE GOOD STUFF
    • TO MAKE A TEAM FROM SCRATCH YOU NEED A FEW KEY INGREDIENTS
    • KEY INGREDIENTS NEEDED TO MAKE THE PERFECT TEAM 1. COMPLEMENTARY QUALITIES 2. BE LEAN 3. TAKE CHARGE 4. THE RIGHT CULTURE
    • INGREDIENT 1: ADD A MIXTURE OF COMPLEMENTARY QUALITIES
    • TH ER E AR E NU ME ROUS PE RSONALITY TESTS OU T TH ER E THAT ALL BASICALLY TELL YOU THE SAME THING...
    • AR E YOU EXACTLY TH E SA ME AS ME? VITRUVIAN MAN PLAYING GUITAR? IF SO I WOULDN’T WANT YOU ON MY TEAM
    • EVERYONE HAS THEIR OWN UNIQUE SELLING PROPOSITION (USP) DO YOU KNOW YOURS?
    • YOUR USP IS A MIX OF: 1. TALENT – SOMETHING YOU’RE BORN WITH 2. SKILLS – SOMETHING YOU ACQUIRE OVER TIME YOU WANT TO FIND TEAMMATES WITH COMPLEMENTARY USPs THAT SUPPORT INDIVIDUAL STRENGTHS AND MINIMIZE WEAKNESSES
    • ALSO, PEOPLE ARE INTUITIVE & EMOTIONAL BEINGS
    • WHICH BRINGS US TO OUR NEXT POINT
    • DON’T
    • PARTNER WITH
    • (OR HIRE)
    • FRIENDS
    • MAKE SURE THERE IS A FIT TO THE OVERALL TASK, OTHERWISE YOU PUT A FRIENDSHIP ON THE LINE.
    • ic e M OM E NT A G e nJ u A) C) - SALES - PARTNERSHIPS - SPONSORSHIPS - EXECUTION - THE BLAND ONE - WILL CRY IF YOU MAKE THEM LAUGH GUESS WHOSE USP B) D) - MARKETING - DESIGN - BUZZ - DEVELOPMENT - ALWAYS CHANGING - SARCASM AT ITS BEST TWEET @MEETGENJUICE FOR THE ANSWERS
    • INGREDIENT 2: A PINCH OF LEAN
    • SPEEDY EXECUTION IS IMPERATIVE TO ACHIEVING AGGRESSIVE STARTUP GOALS
    • S OF E ARLY SD AGEIN T DURING THE ONE COUL GO TUP, A STAR CTION ANY DIRE
    • BY HAVING A LEANER TEAM YOU REDUCE THE RISK OF… 1. MISCOMMUNICATION 2. DELAYED DECISIONS 3. INABILITY TO GET $H!T DONE
    • ic e M OM E NT A G e nJ u DID YOU KNOW? THE GJ TEAM CHANGED ITS FOCUS OVER 6 TIMES IN ITS FIRST 8 MONTHS. THEY FIGURED OUT WHAT TO DO AFTER ASKING THEIR DEDICATED COMMUNITY FOR FEEDBACK.
    • INGREDIENT 3: EVERY CHEF HAS A SPECIALITY
    • V E RYONE E , TU P AS TA R CHA RG E IN S TO B E IN W A NT
    • G ES OF A N I NG STA TH E B EG I N A R E C RU C I A L S TA RTU P
    • LEFT = STRATEGIC DOES THE LEFT SIDE KNOW WHAT THE RIGHT IS DOING? RIGHT = CREATIVE
    • IN TODAY’S ERA, THE MIX OF CREATIVITY AND STRATEGY IS ESSENTIAL EACH SIDE NEEDS TO UNDERSTAND WHAT THE OTHER IS DOING
    • S STA RTU P IONA L T A R E EMO ST E RS OA ROLLE RC
    • STAGES OF A SUCCESSFUL STARTUP TEAM HOPE EXCITEMENT TEAMWORK SMALL WINS EGOS CONFLICT RESOLUTION TEAMWORK RESTORED HOPE RESULTS
    • TO AVOID CONFLICT CAUSED BY EGOS, EACH INDIVIDUAL ON THE TEAM NEEDS TO UNDERSTAND WHAT THE OTHER PERSON IS DOING, AND VALUE EVERYONE’S ROLES
    • THREE TIPS ON OVERCOMING CONFLICT
    • #1 USE THE MAJORITY RULE 59
    • #2 FORM AN ADVISORY BOARD 60
    • #3 BE CREATIVE & HAVE FUN AFTER ALL, YOU HAVE TO WORK WITH THESE PEOPLE 61
    • ic e M OM E NT A G e nJ u DID YOU KNOW? DURING THE TOUR, ARIELLE AND VIRGILIA GOT INTO AN ARGUMENT ABOUT WHETHER “EMO” MUSIC IS CONSIDERED “REAL ROCK.” THEY RESOLVED THEIR CONFLICT BY IMPERSONATING DANIELLE’S TAE-BO INSPIRED DANCE MOVES.
    • INGREDIENT 4: CREATE THE SPECIAL SAUCE
    • TH E M AKI NG E IS ALWAYS I N CU LTU R A STA RTU P ’ S BUT YOU CAN EXPEDITE THAT PROCESS BY IMPLEMENTING A FEW BASIC PRACTICES
    • URN T O TH E LET’S T U LTU R E G OD C
    • TONY HSIEH: “EMBRACE AND DRIVE CHANGE, CREATE FUN, BE ADVENTUROUS, PURSUE GROWTH, BUILD OPEN AND HONEST RELATIONSHIPS, BUILD A POSITIVE TEAM AND FAMILY SPIRIT, DO MORE WITH LESS, BE HUMBLE, DELIVER WOW RESULTS.”
    • RACT I C ES TO E CU LT U RAL P ED 5 MOR WE’ V E ADD TON Y ’ S LI ST •CELEBRATE SMALL WINS 1.MICRO-FAILING 2.DON’T MICROMANAGE 3.YOUR COMMUNITY KNOWS BEST 4.COLLABORATION
    • SMALL (QUICK) WINS THAT YOU CAN CELEBRATE IMMEDIATELY ARE GREAT MOTIVATORS
    • BY FAILING FREQUENTLY AND LEARNING QUICKLY YOU MINIMIZE RISK SINCE YOU’RE TRYING AS MANY IDEAS AS POSSIBLE. THESE SMALLER, BUT FREQUENT FAILURES, BRING ABOUT INNOVATION.
    • HA ND E IN V I S I B LE H LE AD WITH T THE MORE YOU MICROMANAGE, THE LESS PRODUCTIVE EVERYONE BECOMES. TRUST THAT YOUR TEAM IS COMPETENT, AND LET THEM TAKE CHARGE OF THEIR OWN WORK.
    • SINCE THE MAIN FOCUS OF YOUR STARTUP SHOULD BE TO SOLVE A PROBLEM, WHO BETTER TO TELL YOU WHAT TO DO THAN YOUR COMMUNITY? SETH GODIN SAYS, “BUILD YOUR TRIBE!” BY LISTENING TO YOUR EMPLOYEES AND YOUR AUDIENCE, YOU WILL KNOW EXACTLY
    • BUILDING A STARTUP IS A COLLABORATIVE PROJECT. COMBINE YOUR KNOWLEDGE AND EXPERIENCE WITH OTHERS TO GET AN OUT OF THIS WORLD RESULT.
    • ic e M OM E NT A G e nJ u DID YOU KNOW? IF YOU DON’T RECEIVE A RESPONSE BACK FROM A GENJUICER WITHIN 48 HRS, OUR TEAMMATES WILL SEND OUT AN EMBARRASSING TWEET TO THE WORLD.
    • UR SH APE YO OU WANT T O WAY Y T CHANGE. E THE I AN DECID HAPE, LET U C S S ER: O NLY YO IT GET IT P R EMEMB IDE IT, HEL GU TEAM.
    • AND THERE YOU HAVE IT
    • THE PERFECT RECIPE ON HOW TO MAKE A TEAM 1. COMPLEMENTARY QUALITIES 2. BE LEAN 3. TAKE CHARGE 4. THE RIGHT CULTURE
    • IN THE MEANTIME, MAKE SURE TO SHARE THIS WITH TWO INDIVIDUALS WHO ARE IN THE INITIAL STAGES OF THEIR STARTUPS
    • MADE FOR EMERGING INFLUENCERS FROM ALL INDUSTRIES. ARE YOU ONE? JOIN US 10/10/10. CREATED BY VIRGILIA KAUR SINGH CO-FOUNDER/ COO OF GENJUICE VIRGILIA@GENJUICE.COM
    • PHOTO CREDITS (BECAUSE THEY MADE THE PRESENTATION EVEN MORE ENTERTAINING)