Build Your Team Around Teamwork
Over my short “career” as an entrepreneur, there are two traits that seem to play an important role in the success of a startup. The first of these is the track record and network of the founder and the second being a great team. The former is about traction and your Klout. If you have successfully exited a company or founded a company that is well known, the people you engage with in real life and social media are those with a large sphere of influence and can help you expand the reach of your company rather quickly. For instance, when a VC leaves to start a company, he has a much easier time raising funds and getting to launch because his circle already includes those that would fund him and publicize his company.
However, in my eyes, having a great team is more important and has a longer lasting impact on your company and more importantly, you as an entrepreneur. There is no one person that knows everything about business or starting a business. Some people are idea people and others are more process and execution Read more…
