successful startup = strong team
TRANSCRIPT
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TriinMahlakõiv22 February 2016
Successful startup = strong team
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About me
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#1 Takeaway: Look for personalities,
likeability, energy
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#2 Takeaway:
What kind of people you need, so that your startup can be
successful? What are you personally strong in? What are you
missing?
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Ideal team
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#3 Takeaway:Search for same
values, but different skillsets
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Don’t fall in love with the first idea!
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#4 Takeaway: Are they flexible?
The world of startups is so unpredictable that you need to be able to modify your dreams on the fly.
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SUNDAY
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#5 Takeaway: Get doers and execution-
focused to team. What matters most is
determination
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TEST: How to test if a person is doer?Don’t interview aboutskillset trivia, ask aboutactual work they will bedoing
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SUNDAY EVENING PITCH
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AFTER HACKATHON MEETING
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#6 Takeaway: Would you like to
work with this person? What has he/she done
before and with whom? Is the passionate? Does he/she understands my
jokes?
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#7 Takeaway: T-shaped people,
they are broad in a bunch of different
areas and deep in a particular one
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AFTER LONG CONSIDERATION I UNDERSTOOD THAT
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#8 Takeaway:Big picture is
important to all co-founders, so that they
won't stumble on small tasks
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“The early people joined "to make the company great," while those who joined later did so "because the company was great”,”Jamie Zawinski
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#9 Takeaway: In order to attract necessary people,
develop a culture and vision that you can
sell
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Reading: Paul Graham’s blog;Bothsidesofthetable site;Draper University website for videos, lectures;Steve Blank’s blog
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Pitch
Value: What problem are you solving? What need will it fill?Mission: Why are you creating this startup? Solution and product phase: How far are you with the startup?Values: What is important to you? What do you value?Vision: What do you hope to get out of this business and how will you know if you’ve achieved your goals?Target market: Who are you selling to and how will you reach them?Looking for: What kind of co-founders are you looking for? Any specifics about the time, job, other team members etc.
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Thank you!