A business is nothing without the people who work behind the scenes. While the entrepreneur may have big dreams, it is ultimately the team, with whose help you as an entrepreneur and founder can realize your goals.

Teaming up or hiring the right people is therefore extremely important for any business, and more so for a startup, since it is the team that plays a key role in understanding and executing you, the founder’s vision.

You can’t realize your vision without the team, since ultimately it is your team that executes your vision by breaking it into short team goals and ensuring that the targets are met, thereby playing a crucial role in turning your vision into a reality.

How well and soon you are able to progress and achieve the milestones along the way is dependent on the quality of the team – their knowledge, skills, competence, attitude and aptitude.

Furthermore, your organization’s culture is a combination of the natural personality, beliefs and values of the founding team, including you. Therefore, the culture of any startup is heavily affected by the values and beliefs of the core team.

The right composition of team members will bring synergies to your effort by complementing each other’s skills and competencies, including yours.

It’s said that venture-fund fund a startup based on not just the product, business model and revenue model, but also the core team because they know that you might need to pivot every day as market conditions change and new opportunities and challenges emerge.

What they look for is a solid team that has the potential to adjust to the changes and the give the startup and edge in the market.  It is the team really that determines the fate of a startup, and even the best idea stands to fail in the absence of a team with the right capabilities to execute it.


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