Startup: Choosing Team Members
Considering the fact that your team is responsible for implementing your startup idea, it is vitally important to find right people, who will implement it as perfect as possible. That’s why you should pay special attention to this aspect.
There are six main principles of choosing your startup team:
1. Right co-founders
As research show, the most successful startups are created by teams that consist of 3-4 persons, where founders possess all the key competences required to manage the project. They are not only keen on a particular idea, but also engage other people around it and common goals. Additionally, they should be the generator source of motivation on early stages to ensure that startup goes forward with the right people.
Co-founders should complement each other to cover main areas: development, sales and marketing. Keep in mind that all these areas are important – e.g. no one will use your product unless it becomes popular, even if your product is excellent and you have an attractive website. It is recommended to choose co-founders before a startup will be involved in venture capital. To do it, tell more about your startup to your friends, friends of your friends or even strangers. If you were able to attract their attention, it means that both your idea and leadership are viable and there is a higher probability that they will advice you suitable candidates.
2. No friends
In most cases friends are not good companions in your startup. First of all, you’ll probably, try to create a perfect “position” for him/her (for example, if he/she is good at blogging, so he/she will be responsible for marketing). Sometimes this will oblige to take new responsibilities, just because he/she is your friend and you don’t want to fire him/her to save your friendship. This may be even more difficult when your startup started growing. A better way is to hire a new person, a true professional, who will give your more profit in terms of prospective, instead of breaking both business and friendship.
3. No HR managers
Don’t trust HR managers – this is your idea, your project, your startup, so, hire people by yourself to find out how good is a potential programmer or marketing manager not only regarding his/her professional experience, but also how well he/she is motivated and loyal enough especially for you and whether he/she is able to work in your team efficiently. No HR personnel can do it better than you. Furthermore, don’t worry if you can’t find right persons immediately – keep calm, because great things take time. It ensures that you are working with the right people you trust.
But… In real world, things are a bit complicated. As it was mentioned before, hiring people directly may be an efficient practice, but do you always have sufficient time for this? Probably, not. You can easily find crucial team members and start working on something, while delegating recruitment to HR agencies or consulting companies. For example, to IT Svit 🙂 We will take care of your budget and find the most suitable candidates according to your requirements in the shortest time, making your business idea even more competitive, distinguishing your startup project among the rivals. Your perfection is our conception.
4. Clear objectives
When starting a startup make sure you are clear in tasks and objectives – a business vision is a must. In such a case, there is more probability to hire right persons to work on your project. If you don’t know what your team should do and what goals your members should achieve, it is obvious that your startup team won’t be effective at all.
5. Newbies are not always stupid
The main idea of a startup is to create an efficient business project. That’s why, you genius is not enough, so you should take care of your potential teammates. Yeah, teammates, not employees. Being a PRO is a must but not sufficient. Working on a startup is a hard job connected with a lot of stress, mental pressure and sometimes changing life priorities. And, obviously, money are not the greatest motivation – your teammates should understand it well. You, as an owner and co-founder are responsible for finding and retaining such persons.
Despite the fact that professionals are more expensive, hard to impress and retain, they are far more efficient and this will cover all the spendings. You will not have to coordinate each step, waste time on explaining or/and correcting mistakes, taking extra responsibilities, etc – skilled professionals will make it for you. But, rookies are not always bad as well. Passionate newbies are plenty of ideas and this may do the trick in creating some extra features, implementing an unusual approach or providing an innovative user experience. As some people claimed, the reasonable ratio between PROs and newbies is somewhere 70/30.
6. Focus on strengths
We have covered this a bit in terms of startup ideas and development strategies and it’s time to call to mind again – startups are often at a disadvantage when dealing with partners (in our case with potential teammates) because they are startups. That’s why you should focus on real values of your startup (e.g. innovative approach, attractive UI, extremely simple usability and user experience) rather than “you should code 12 hours a day in order to meet our deadlines”. Play with candidate’s ambitions and interest and you are likely to succeed. Finally, your candidates came exactly for this.
As a brief conclusion, there are several aspects:
- select your team members with passion
- make them fall in love with your startup idea
- trust your team
- don’t panic
Your team will share all grace and faults on the road to victory, so it is vitally important for you to make your teammates invulnerable to local obstacles, so they will be able to do their best in approaching your startup dream… and even more!
Feel free to browse through the latest insights and hints on the DevOps, Big Data, Machine Learning and Blockchain from IT Svit!
Big Data misuse can break your business
Correct use of the Big Data analytics and ML algorithms helps boost the customer satisfaction, secure the bottom line and increase the ROI. Quite opposite, the Big Data misuse results will be awful.
Trust or caution? Importance of NDA for Startups
NDA is one of the main judicial instruments of a startup, both a shield and a sword. Just keep in mind, the importance of NDA for startups is a double-edged sword. Why do we think so?
SLA benefits: why do you need SLA and what does it cover
SLA or a Service Level Agreement is a document highlighting the measurable metrics and results the customer expects to receive and the contractor is bound to provide. We list the SLA benefits below.
Blockchain technology explained to your grandma
The blockchain will shape the future of multiple industries, yet many people still don’t know how it works. We tried to make the blockchain technology explained in a way even a grandma will get.