A Startup Weekend CDO Pre-event Presentation

2. STARTUP 101: BUILDING YOUR TEAM

3. 7 STEPS TO BUILDING YOUR TEAM
1.Map Out Business
Objectives
2.List Required Positions
3.Hire Team Lead First
4.Fill Remaining Positions
5.Meet with Complete Team
6.Re-Assess Team
Composition
7.Design Incentive Structure
STARTUP 101: BUILDING YOUR TEAM

4. “No institution can possibly
survive if it needs geniuses or
supermen to manage it.
It must be organized in such a
way as to be able to get along
under a leadership composed of
average human beings.”
by Peter Drucker

5. STEP 1. MAP OUT YOUR BUSINESS
OBJECTIVES
•Clearly define what you want to accomplish within
the next 5 years
•Identify milestones or success markers
•The more complete a picture the better
STARTUP 101: BUILDING YOUR TEAM

6. STEP 2. LIST REQUIRED POSITIONS
•Line up resumes and match those with best
experience in each category
•Consider soft skills like communication, teamwork
and flexibility
STARTUP 101: BUILDING YOUR TEAM

7. STEP 3. HIRE TEAM LEAD FIRST
•Sell your business & goals in the interview process
•Best applicant will have a genuine interest in the
project
•Review business objectives, required positions,
necessary skills with Team Lead
STARTUP 101: BUILDING YOUR TEAM

8. STEP 4. FILL REMAINING POSITIONS
•Decide which positions to fill next
•Hire half then re-evaluate skill pool for gaps in
knowledge
•Set clear expectations on objectives & new hires
STARTUP 101: BUILDING YOUR TEAM

9. STARTUP 101: BUILDING YOUR TEAM

10. STEP 5. COMPLETE TEAM
•Meet with complete team for socialization
•Promote teamwork thru team building
activities and training
STARTUP 101: BUILDING YOUR TEAM

11. STEP 6. RE-ASSESS TEAM COMPOSITION
•Consider individual values & team culture
•Consider team synergy
•Replace incompatible team members
STARTUP 101: BUILDING YOUR TEAM

12. STEP 7. DESIGN INCENTIVE STRUCTURE
•Establish parameters that promotes teamwork
vs exclusion of ego
•Utilize anonymous peer evaluations
STARTUP 101: BUILDING YOUR TEAM

13. ECCLESIASTES 9:10
“FOR WHATSOEVER THY HANDS FIND TO DO,
DO IT WITH ALL THY MIGHT;
FOR THERE IS NO WORK, NOR DEVICE, NOR
KNOWLEDGE, NOR WISDOM IN THE GRAVE.”

14. THANK YOU FOR LISTENING.
STARTUP 101: BUILDING YOUR TEAM