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Posts tagged as “building”

6 Keys to Building a Winning Startup Team

Did you know every job opening attracts around 250 resumes? And that number can feel like hundreds more if you’re in the midst of starting your own company and searching for the perfect startup team. Before you begin reviewing candidates, consider this checklist of tips for developing a top team. Choose Experts. Whatever area you’re looking to recruit in, look for experts in their fields. It’s tempting to hire people and then get in the habit of directing them on how you like things done. If you hire experienced professionals, you should trust that they know the best way to do their job. Explain your goals, describe what you hope to achieve and then give them the space to do what they do best! Build a Culture. As you build your team, introduce your potential candidates to your existing hires to ensure cultural fit. Today, culture is a big factor in job searches and something potential employees actively research. Set up casual meetings with team members as part of the interview process. Particularly in the start-up phase, personal connections and group dynamics can make or break your success. This awareness of culture will eventually help you create a supportive atmosphere where obstacles and solutions can be openly discussed. Set Goals and Values. Successfully managing a team means getting everybody on the same page. Whether it’s a daily stand-up or weekly conferences—make certain everybody understand your goals, your values and your short-term tasks. Consider putting your vision to paper. Not a writer? Online resources such as State of Writing or Viawriting can help you find the words.   Be Brutally Honest. If you have any doubts during the hiring process or if you realize you hired a bad apple, act swiftly to correct the mistake. Whether an individual is causing conflict or not pulling his or her weight, it’s going to negatively impact the entire team and, eventually, your bottom line.   Give Your Employees Room to Grow. When choosing your startup team, look for individuals who you can trust to own their responsibilities and who are also open to guidance when needed. You want to give team members room to learn and support to improve…

Building a Repeatable, Scalable & Profitable Growth Process

I gave a talk this year at the 2017 SaaS North conference in Ottawa, where I discuss the fundamentals of building a repeatable, scalable, & profitable growth process for a startup. Building a Repeatable, Scalable & Profitable Growth Process [View on Slideshare] Powered by WPeMatico

Peter Diamandis’s 9 Rules For Building A Successful Business

Dr. Peter Diamandis (@PeterDiamandis) has been named one of “The World’s 50 Greatest Leaders” by Fortune magazine. In the field of innovation, Diamandis is Chairman and CEO of the XPRIZE Foundation, best known for its $10 million Ansari XPRIZE for private spaceflight. Today the XPRIZE leads the world in designing and operating large-scale global competitions to solve market failures. Peter has been a guest on the podcast twice (once with Tony Robbins, and again solo), and in this guest post, he shares information he’s never discussed before. Specifically, Diamandis looks back at his XPRIZE experience and the strategic decisions that allowed the foundation to become a success. Peter knows how to think and play big, and he can show you how to do the same. Enjoy! Enter Peter The XPRIZE – which launched the private spaceflight industry – was an “overnight success” after 10 years of hard work. During those 10 years, I recorded a number of “go-to” lessons that I learned and used over and over to help me succeed. In all, I came up with a list of 28 of those lessons, and they became known as “Peter’s Laws.” But 9 of them are my favorite, and in this post, I’ll outline them and detail the key takeaways. If you want to learn about all of the lessons, they are highlighted in the book, How To Make A Spaceship, written by Julian Guthrie, with a foreword by Richard Branson and an afterword by Steven Hawking. One thing is clear from my XPRIZE story: attitude is the ball game. Mindset matters. It’s everything. It might be cliché, but whether you think you can or you can’t—well, you’re right. Your mindset is more important than anything.  It’s even more important than technology or income. I hope that these will clarify your vision and be useful to you. Rule #1: When given a choice…take both! Society teaches us that when you’re given a choice, you have to choose one. Why? Why do you have to choose? But you should be asking, “Why choose?” All throughout graduate school, I was told, “Go to school…

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