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This document is proprietary & confidential information
Building, sharing, collaborating
TEAM
This document is proprietary & confidential information
what is an entrepreneur?YOUR TEAM
ENTREPRENEUR IS SOMEONE WHO:works alone?
manages people;takes risks;
makes money?generates value;
ENTREPRENEUR IS SOMEONE WHO:works alone? ☻
manages people; ☻takes risks; ☻
makes money? ☻generates value; ☻
ENTREPRENEUR IS
‘someone who jumps from a
plane..
without a parachute..
..and figures out how to build one on the way down’
This document is proprietary & confidential information
why it is important?YOUR TEAM
ΤΕΑΜ IS THE MOST IMPORTANT ASSETharder to find than money!
BECAUSE A ΤΕΑΜcreates stuff
adapts backs-you-up
BACK-UP WHEN SHIT HIT THE FAN
IT HAPPENS OFTEN
OH YES IT HAPPENS
This document is proprietary & confidential information
how should we collaborate?YOUR TEAM
Product Manager
Support
CEO
Marketing
But I want to make all decisions!
This document is proprietary & confidential information
where can i find a team?YOUR TEAM
Where are they?
WHERE TO FIND Α ΤΕΑΜmix & match events
online startup communities
HOW DO I SPOT THEMtalk!
share your idea!inspire them!
TALK?‘hi i am…..’‘and i do….’
(marketing?, design?, programming?)
This document is proprietary & confidential information
what people i need?YOUR TEAM
THE TEAM MEMBERS YOU NEED1 business person
1 marketing & promotion person1 product person
(PRODUCT PERSON MEANS)market, product features,
product design & development
This document is proprietary & confidential information
how do i chose my team?YOUR TEAM
TEAM MEMBERS WHO AREcrazy enough to help you!
(yes when shit hit the fan)
TEAM MEMBERS WHO HAVEsame vision like you
(save the world maybe?)
TEAM MEMBERS WHO HAVEsimilar goals in life
SIMILAR GOALS IN LIFE?you have a startup
you are 20 years oldyou get an offer for $10 million
SIMILAR GOALS IN LIFE?2 years later
you have no revenueyahoo offers $1 billion!
SIMILAR GOALS IN LIFE?1 year later
you still have no revenuemicrosoft offers $15 billion!(yes 15 FU%$#%$NG billion dollars)
SIMILAR GOALS IN LIFE?you have a startup
first yearfacebook offers $3 billion!
SNAPCHAT
TEAM MEMBERS WHO HAVEsame vision like you!
WHAT YOU NEED TO DECIDEwho does whatcommitment
equity
This document is proprietary & confidential information
how do I split equity?YOUR TEAM
SHARING CRITERIAexperience
market knowledgeskills
commitmenttheory vs execution
SHARING EXAMPLEWHAT YOUR WEIGHT HIS/HER SCORE RESULT
Experience 1-10 1-10 ?
Market Knowledge 1-10 1-10 ?
Skills 1-10 1-10 ?
Commitment 1-10 1-10 ?
Theory VS Execution 1-10 1-10 ?
SHARING EXAMPLEWHAT YOUR WEIGHT HIS/HER SCORE RESULT
Experience 5 3 15Market Knowledge 7 7 49
Skills 9 10 90Commitment 10 3 30
Theory VS Execution 10 7 70
254
SHARING EXAMPLETOLISBUSINESS (i.e. the CEO)
MARYMARKETING(i.e. the CMO)
BOBPROGRAMMER(i.e. the CTO)
Score/Share
520 254 370 1.144
45,5% 22,2% 32,3% 100%
* % of your company
DON’T FORGET!
This document is proprietary & confidential information
Managing Partneraival.com
THANK YOU TOLIS AIVALIS
facebook.com/TolisAivalis linkedin.com/in/Aivalis @aivalis