The KKV Disruptive Entrepreneur Series
About This Show
Welcome to The KKV Disruptive Entrepreneur Series. Al & Simon from Kipling and Kirby Ventures discuss the latest in business, startups, disruption, technology, social media, marketing and sales.
Most Recent Episode
The KKV Disruptive Entrepreneur Series Episode 31 - ‘Building Your Business’ Part 11: The Team
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The Kipling and Kirby Ventures Disruptive Entrepreneur Series Episode #29 ‘Building Your Business’ Part 11 : The Team
of the Kipling and Kirby Ventures weekly 'Building Your Business
Series' where Simon and Al discuss 'The Team'
We have covered some of this before, but how important is it to build the right team?
It’s incredibly important, the team is the vehicle you use to execute your business plan and turn your idea into a business. Assembling the right team is an essential part of the process. A poorly managed and assembled team lowers the chances of having a successful company
The team is important, what role should the founder play?
I like to use the analogy of being captain of a ship. The founder, who typically takes the role of CEO, should be in a position of ‘steering the ship’ and being able to effectively co-ordinate all the important activities going on.
So what if I’m not a good leader? Do I still have to lead my team because it’s my company?
We all have to play to our best strengths, perhaps you might be better suited to a product development, sales or marketing role and another leadership candidate. Fill the team roles not based ability to do that role.
Do we go for a mix of experience or build a team around people we trust?
It has to be a good mix, experience counts for a lot, however from a startup perspective this can be expensive, but weigh this properly. An experienced sales person hired for just a few days can make a bigger impact than an inexperienced salesperson working full time, balance your team with a mix of inexperienced, but enthusiasm and more expensive effective team members. Focus on getting the best people to execute your business plan, and not just starting a company with your friends.
Where can we find the ideal team members?
These days we are more hyper connected than ever, and the ability to connect and contact people is more dynamic than ever. Don’t be afraid to approach others for advice in a certain industry if you are trying to find team members for. Network and connect with people, offline at industry meetups is a great way to do this. Immerse yourself in the industry your startup is part of and find people that way. Don’t discount friends and family members who may know people in certain industries.
Should we be afraid of approaching people with more experience than ourselves?
It’s the old adage, if we do not ask we do not get . If you have identified an experie