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19 Key Factors To Consider When Building A Founding Team

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          🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source
When building your team, it's crucial to find individuals who not only bring unique skills but also share your passion and mission.
The article from Forbes Business Council outlines 19 key factors to consider when building a founding team for a startup. It emphasizes the importance of selecting team members with complementary skills to cover all necessary business areas like technology, marketing, finance, and operations. Diversity in background, experience, and thought is highlighted as crucial for fostering innovation and problem-solving. The article also discusses the need for alignment in vision, values, and work ethic to ensure team cohesion. Other factors include the ability to handle stress, resilience, adaptability, and a shared passion for the business idea. Additionally, it points out the significance of having members with strong networks, good communication skills, and the capacity for conflict resolution. Legal considerations, equity distribution, and the potential for future scalability of the team are also mentioned as vital elements to consider when forming a founding team.

Read the Full Forbes Article at:
[ https://www.forbes.com/councils/forbesbusinesscouncil/2025/02/11/19-key-factors-to-consider-when-building-a-founding-team/ ]