All startups need to think about the team and management early on. They need to start early because they set the culture. A culture is going to form whether you like it or not, and if you pay attention to it, you can craft something that makes the company stronger.
What startups should be concerned with from Day 1
As your small business begins to grow, you start making decisions about who you hire, how you hire, how you distribute payment, and how transparent you would like to be. You are taking time to study and learn new things but it’s somehow still the last priority, well behind when you are trying to get funding or to get customers.
The most common reasons for why startups fail is fighting among founders and lack of teamwork.
The thing most investors are looking for is a strong team, that has vision and can properly scale a company with good management skills.
How to Delegate to Team Members
You can’t do it all yourself, but who can you trust to do it?
- what decisions you would like to centralize, what to make locally, what only founders should decide
- list what are the main decisions at your stage of managing the startup
- how do you make those decisions today and where do you want to be in the future
How to be a Transparent Company
Use the delegation board as a way to spark discussion on how they decide who to hire and who to bring into the business for a partner. How will they decide who gets paid what? Will they publish this anywhere?
How to Create Vision
To understand your company’s vision, why you are here, and why as a team you are working together. Use these values as part of an overall exercise to create a Mission Statement f0r each of these essential areas:
- For your company
- For your hiring process
- For your customer service
How to Motivate your Employees
Moving Motivators is a great way to identify the differences among team members. It can actually put on the table that one partner actually likes working in a structured environment, and another partner really loves freedom and remote working.
How to Foster Self-Organization and Authorization
Learn how to create a team agreement to create a work environment that works for your whole team. Also called Team Contract, Team Ground Rules, Norms, even Values, it is mutually agreed upon by the majority of team members who all sign into the non-binding agreement covering how the team will:
- communicate – are expected to report how often
- where they will work, how to handle remote work (many startups can’t afford office space)
- tools they will use
- focuses on their values
- concerns, fears
- time – by when
How to Give Credit Where Credit is Due
A module on how to offer valuable Project Credits and how to write compelling (and accurate) Job Descriptions. Learn how to stay away from rigidity and have people contribute where they can and where they take interest, not just in the box where they were hired.
How to Scale Your Product
When a startup grows beyond one product, it’s interesting to experiment to discover new ideas. This module helps you determine the right mix of experimentation for your team and business, how to go about failure, and how to celebrate learning.