building your startup team

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Building Your Startup Team MANISH SHRIVASTAVA FOUNDER & CEO - ACOMPWORLD

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Building Your Startup TeamMANISH SHRIVASTAVAFOUNDER & CEO - ACOMPWORLD

Building The ‘A’ Team

1. Why you need an ‘A’ Team2. The Initial Team - Finding Co-founders3. Scaling up - Recruiting Employees4. Building Systems & Processes5. Training & Employee Development6. Motivating and Retaining Good People

Why you need an ‘A’ Team

Product Mis-timed

Ignore Cuostomers

Poor Marketing

Need/Lack Busines Model

Poor Product

Pricing/Cost Issues

Get Outcompeted

Not the Right Team

Ran out of Cash

No Market Need

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Top 10 Reasons why Startups Fail

The Initial Team - Finding Co-founders

What to Look for Complementary skill sets Should share the passion and long term vision

How to find Your best friend, or a family member? Attend startup events, college/university entrepreneur activities Online - Cofounders Lab / LinkedIn

Scaling up - Recruiting Employees

What to look for in a candidateAttitude & Culture FitPotentialSkill Set

How to attract right talent Sell your vision during interview Spend efforts on building a brand

Building Systems & Processes

Some must-have things Employee Policy Agreements / Legal & IPR Protection Performance Appraisal System System for maintaining - Attendance /Leaves /Employee Records Give Flexibility within the boundary of systems

Training & Employee Development

How to do Analyse Training Need of each employee Plan on how to fulfil the need – In-house / external / online Set specific hours for training

Motivating & Retaining Good People

What makes employees motivated? Recognition Feedback Happiness Personal Growth Satisfaction Relationship With Managers Company Alignment