Idea Done, How About Your Team?
Having a good idea and business model forms the basis of a startup. However, in order to make your thoughts and your business model real, you need to establish a good team first. Whether you are on the 46th floor of a plaza in your garage or in Maslak, you should take care when creating your team and prepare the environment where your team can work best.
In order to overcome the difficulties in the set up process of a start-up, not only you, but also your team must also make great sacrifices. However, since no one can be as motivated as you on your idea, you may need to support them with different motivations.
Although the market, product or capital issues play a major role in closing start-ups, we can not deny the fact that one in every four start-ups break down is caused by the problems occured in a start-up team.
Gathering The Right Team
First of all, it’s very important to choose right people to your team. Your first developper that you hired to your start-up in order to create your first limited resourced MVP(Most Valuable Product), may become your future CTO. Do not forget that you can work together for years while you involve people in your team.
The golden rules of building the right team:
- Define tasks that appropriate to team members’ skills
- Creating a strong and uninterrupted communication network within the team
- When positioning members in the team, not only their skills but also their personality characteristics are taken into consideration
- Ensure that team members complete each other’s characteristics
Another important thing to keep in mind when setting up your core team is to position yourself within the team. While you position yourself as the founder of Startup, you should also see yourself as a glue that sticks things together.
When you position yourself in the team, ask yourself these questions:
- Are you able to communicate effectively with your team members individually?
- Can you position yourself as a self-sacrificing leader in a startup instead of a dictator that gives tasks brutally to everyone?
- Can you maintain transparency between you and your team?
- Can you observe the effects of age, gender, race, belief and ideological differences on the productivity of team members?
- How helpful are you in keeping your team motivated?
- Do you think your working environment (office, project tools, ready-made templates, etc.) for your team is beneficial to your team’s productivity?
Keep Motivation High
Due to the limited resources provided by the nature of a startup, you may not be able to offer good salary, insurance, and other general and pertinent rights to your team members that corparate companies offer. You need to be able to offer satisfactory opportunities to persuade people to work with you. The stock you will receive from Startup, a comfortable office environment, convenient working hours and remote working options, providing resources that enable people to improve themselves, etc., can motivate your team members to help you keep your ideas and business model alive.
At the point of keeping your team motivation high, you can ask yourself these questions:
- How much does the team benefit from the opportunities you can offer?
- Do you regularly receive feedback on the possibilities that you offer to your team members?
- Does your team have a satisfactory income level at the point of maintaining their lives?
- If you can not provide a satisfactory income to your team members, do you provide enough time to get this income?
- Do you think that the responsibilities of your team members are proportionate to the opportunities you offer?
Briefly, setting up a team that is compatible with your StartUp, positioning yourself within the team, keeping your collegues motivated are the golden steps for creating a productive team.