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START-UP PROMOTION FOR ENTREPRENEURIAL RESILIENCE

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 Contents



Building an entrepreneurial team in a new venture

Alone or with someone? Click to view
Roles in entrepreneurial team: Click to view
Optimal size at start-up: Click to view
Checking the compatibility of founders: Click to view
Managing expectations: Click to view
Financial motivation, equity sharing: Click to view
Vesting: Click to view
Where to find co-founders? Click to view


 Keywords

HR, hiring, building a team, entrepreneurial team, co-ownership

 Objectives/goals:

It is almost impossible to build highly successful business individually. In case of a start-up company, its founding team is the factor that can make or break the company. This training fiche provides basic principles and advice to getting the right people on board.



 Description:

When weighing up the decision to start a company you need to carefully consider your resources. Number one resource that comes to mind immediately when discussing resources are money. When you have a great idea and you want to build a company, money probably is not the scarcest resource. What is scarce though are highly skilled people willing to work with you for your company. In this fiche we want to shift your attention from building the best product to the people that will help you build it and scale it. Company is a group of people working toward a shared goal (Blau & Scott, 1962). As a leader of a new venture it is your task to find, select, hire and motivate the best people that will help you attain your goal. In this fiche we focus on the founding team.




 Bibliography
https://www.cleverism.com/set-up-vesting-scheme-startup/




 




Uhlaner, Lorraine, Lukeš, Martin (2010) Managing the growing firm. In M. Lukeš, M. Laguna (Eds.) Entrepreneurship: A Psychological Approach. p. 165-183. Prague: Oeconomica. ISBN 978-80-245-1642-4




 




 Related material:

teachingnotesficheentrepreneurialteam.docx

 Training Fiche PPT:

8buildinganentrepreneurialteam.pptx

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Download in pdf   Read in reader-friendly version or Download in pdf


Related training material:

Click to readBusiness idea generation and evaluation

Click to readBusiness Model

Click to readBusiness planning

Click to readFinance and resources

Click to readFinancial planning

Click to readHR management

Click to readIP and legal issues

Click to readManaging growth

Click to readMarketing communication for start-ups

Click to readModern approaches to idea development

Click to readPitching a business to investors

Click to readWhat does it take to be an entrepreneur?



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