56d968eda0a0760d70ad4cd59337b5d58868add213185d302d You Can Do Something - A Team Can Do Anything - New Business Ideas

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You Can Do Something - A Team Can Do Anything

                            Team Building In Business....
Building of team is very necessary for any smooth running business, the following qualities needed to build a team are as under :- 

Teams need leadership. This doesn't mean someone has to be "in charge" but for any task there needs to be direction and ambition. Leadership also means
followership. Whoever is providing the direction, the others need to follow for that moment or that idea. Note one other basic fact. In a one person team there can be no leaders by definition.
A range and balance of skills is also vital. Three people who enjoy coding together but don't do marketing or strategy is not a great team. A minimum of technical skills to create the product plus sales and marketing is needed. Good operational or project management skills are a real bonus. Creativity and strategic thinking are are also necessary but ay come from a combination of founders rather than one key individual.
"The ideal founding team is two individuals, with a history of working together, of similar age and financial standing, with mutual respect. One is good at building products and the other at selling them." - Navel Ravikant, Founder AngelList
Whatever the number it will be a very small group so chemistry between the individuals is essential. You can checklist the skills required but how they combine is an art not a science. A past history of working together (and not trying to kill each other!) is the only reliable indicator but may not be possible. One other thing I look out for is inclusiveness. If everyone's ideas are not valued highly then the group probably isn't working. It is also crazy. If you only have three people, leaving someone out is a pretty spectacular waste of resources.

Logically you might think that a passion for the business would also be a good sign of an effective team. Certainly passion is required and heart on the sleeve passion is often the most welcome sense from any Startup pitch. However, just because everyone is passionate does not mean that they can harness those passions together so be careful not to rely on just this.
Of equal importance with passion is commitment. Any great Startup is a long tough haul. A failing Startup is even harder. The core founding team needs to be on board for the duration. One tough aspect of this can be the way equity is shared in the business. There is no right answer to the value of each individual and it is very much a choice for the team. As an investor though I will look to be confident that all of the founders are motivated by their share.
This is a pretty tough list and it could be much longer. One article I found in researching this piece offered 101 tips for building a Startup team! Bear in mind that in every team there will be gaps. In fact I actively look for gaps. A team with no gaps is either trying to kid me or is just kidding themselves. Deceiving yourself about weaknesses is one of the worst mistakes you can make.

There is one last thing that overrides all the others and is the one gap that can't be covered. Action. It is easy to create a group of friends. A successful business team is much more than friends and so much harder to build. The Startup team needs to do things, not necessarily fast, not always right, sometimes not even well but there is no progress without action

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