team and advisors for startups

Post on 07-Dec-2014

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

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Tuesday

01.07

Team

s &

advi

sors

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

vanton@cytech.gr vanton_cytech

What is a good team

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

vanton@cytech.gr vanton_cytech

OK I want a team. Now What?

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

vanton@cytech.gr vanton_cytech

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

No Idea where to begin

vanton@cytech.gr vanton_cytech

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

vanton@cytech.gr vanton_cytech

OK now I have a team

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

the same goal”

vanton@cytech.gr vanton_cytech

OK now I have a team

You are the servant and

the guide

OK now I have a team

vanton@cytech.gr vanton_cytech

www.company.com Company@mail.com +123 456 789 Our street 123, city, Zip code

Co-founders or not

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

vanton@cytech.gr vanton_cytech

• 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

vanton@cytech.gr vanton_cytech

Advisors

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?

vanton@cytech.gr vanton_cytech

• 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

vanton@cytech.gr vanton_cytech

To finish

To finish

thank youFor your attention

vanton@cytech.gr vanton_cytech

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