How to Build a Start Up Company – Your Team

by FMS Franchise | Case Studies
3 minutes
How To Build A Start Up Company – Your Team

When building a start-up company, there are a lot of tasks to manage which are critical to the success of a start-up business.  One of the most essential elements of a successful start-up is to put together a great team that will help you achieve your goals.

Each Team member should have experience and talent in their specific trade and background.  Don’t try to do everything yourself, bring in people who are talented and trained to manage each aspect of building a business.

Each team member needs to have a commitment to the project and company goals.  You need to get people on your team that will go the extra mile for your start-up.  People do their best work when they care about what they are doing and you can’t be wondering if everyone has gotten their work done when you launch a start-up company.

In a start-up company, everyone should be able to sell.  Typically in smaller start-up companies, even the lawyers need to be selling.  You can’t afford to have anyone on your team who is unable or unwilling to get out in front of people and preach about your new company.   

You need to have a project manager in your start-up company, someone in the organization must drive the plan and keep people focused on a daily basis. This person should be able to lead the group and ensure that all aspects of the project are covered. Usually, you as the founder will be more of the visionary, the project manager should be like your general who issues marching orders.

You should have a technology guru on your team, probably on a part-time basis initially, but eventually as a full-time team member for your start-up company.  It doesn’t matter what business or industry you are in, technology will have a big impact on the success of the company, get someone on board who can wield the tools available through technology.

There are lots of business issues that come up on a regular basis that you’ll want to run by someone with real legal knowledge. While you don’t want to overspend on a lawyer, it’s important to protect your business and understand your risks when making decisions about your new company.

You need to have a great salesperson who is in charge of new business development and new client acquisition.  This is the most important person on your team.  They should be given the resources, attention, and tools needed to do their job because if they don’t succeed, everyone else is out of the job.

Last, but not least, your start-up company should have an accountant or financial professional on staff. This again may be a part-time position initially and then scale into a full-time job, but someone needs to be counting the beans. The most successful companies in the world know exactly what’s going on in their bank accounts.

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