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Startup Team Building

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How to find, build, inspire your team for your startup and how to share equity among team members.

Published in: Business

Startup Team Building

  1. 1. This document is proprietary & confidential information Building, sharing, collaborating TEAM
  2. 2. This document is proprietary & confidential information what is an entrepreneur? YOUR TEAM
  3. 3. ENTREPRENEUR IS SOMEONE WHO: works alone? manages people; takes risks; makes money? generates value;
  4. 4. ENTREPRENEUR IS SOMEONE WHO: works alone? ☻ manages people; ☻ takes risks; ☻ makes money? ☻ generates value; ☻
  5. 5. ENTREPRENEUR IS ‘someone who jumps from a plane.. without a parachute.. ..and figures out how to build one on the way down’
  6. 6. This document is proprietary & confidential information why it is important? YOUR TEAM
  7. 7. ΤΕΑΜ IS THE MOST IMPORTANT ASSET harder to find than money!
  8. 8. BECAUSE A ΤΕΑΜ creates stuff adapts backs-you-up
  9. 9. BACK-UP WHEN SHIT HIT THE FAN
  10. 10. IT HAPPENS OFTEN
  11. 11. OH YES IT HAPPENS
  12. 12. This document is proprietary & confidential information how should we collaborate? YOUR TEAM
  13. 13. Product Manager Support CEO Marketing
  14. 14. But I want to make all decisions!
  15. 15. This document is proprietary & confidential information where can i find a team? YOUR TEAM
  16. 16. Where are they?
  17. 17. WHERE TO FIND Α ΤΕΑΜ mix & match events online startup communities
  18. 18. HOW DO I SPOT THEM talk! share your idea! inspire them!
  19. 19. TALK? ‘hi i am…..’ ‘and i do….’ (marketing?, design?, programming?)
  20. 20. This document is proprietary & confidential information what people i need? YOUR TEAM
  21. 21. THE TEAM MEMBERS YOU NEED 1 business person 1 marketing & promotion person 1 product person
  22. 22. (PRODUCT PERSON MEANS) market, product features, product design & development
  23. 23. This document is proprietary & confidential information how do i chose my team? YOUR TEAM
  24. 24. TEAM MEMBERS WHO ARE crazy enough to help you! (yes when shit hit the fan)
  25. 25. TEAM MEMBERS WHO HAVE same vision like you (save the world maybe?)
  26. 26. TEAM MEMBERS WHO HAVE similar goals in life
  27. 27. SIMILAR GOALS IN LIFE? you have a startup you are 20 years old you get an offer for $10 million
  28. 28. SIMILAR GOALS IN LIFE? 2 years later you have no revenue yahoo offers $1 billion!
  29. 29. SIMILAR GOALS IN LIFE? 1 year later you still have no revenue microsoft offers $15 billion! (yes 15 FU%$#%$NG billion dollars)
  30. 30. SIMILAR GOALS IN LIFE? you have a startup first year facebook offers $3 billion!
  31. 31. SNAPCHAT
  32. 32. TEAM MEMBERS WHO HAVE same vision like you!
  33. 33. WHAT YOU NEED TO DECIDE who does what commitment equity
  34. 34. This document is proprietary & confidential information how do I split equity? YOUR TEAM
  35. 35. SHARING CRITERIA experience market knowledge skills commitment theory vs execution
  36. 36. SHARING EXAMPLE WHAT YOUR WEIGHT HIS/HER SCORE RESULT Experience 1-10 1-10 ? Market Knowledge 1-10 1-10 ? Skills 1-10 1-10 ? Commitment 1-10 1-10 ? Theory VS Execution 1-10 1-10 ?
  37. 37. SHARING EXAMPLE WHAT YOUR WEIGHT HIS/HER SCORE RESULT Experience 5 3 15 Market Knowledge 7 7 49 Skills 9 10 90 Commitment 10 3 30 Theory VS Execution 10 7 70 254
  38. 38. SHARING EXAMPLE TOLIS BUSINESS (i.e. the CEO) MARY MARKETING (i.e. the CMO) BOB PROGRAMMER (i.e. the CTO) Score /Share 520 254 370 1.144 45,5% 22,2% 32,3% 100% * % of your company
  39. 39. DON’T FORGET!
  40. 40. This document is proprietary & confidential information Managing Partner aival.com THANK YOU  TOLIS AIVALIS facebook.com/TolisAivalis linkedin.com/in/Aivalis @aivalis

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