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In the early days of your startup, you will find that you will rely heavily on the people you bring in to help get the business off the ground. Many investors will actually consider the team as part of their investment strategy since, in the beginning, it will be the biggest asset your startup has. When building a team, it is important to consider a variety of factors to ensure that your team is strong, dedicated and has the skills needed to bring your new products to the market.<\/p>\n
Avoid Too Many Co-Founders<\/strong><\/p>\n While you may be tempted to bring everyone involved with early stages of your new startup in as a co-founder, it can be one of the most expensive dilutions you will face. While it’s alright to have co-founders, keep their numbers limited and consider different roles for others who you want to be involved in your startup.<\/p>\n Focus on Tech<\/strong><\/p>\n Some of the first hires you should consider are your tech team members. In today’s world, technology is crucial no matter what type of business you have. Engineers, technicians and developers are all an integral part of the business, but don’t leave out project management roles that can prove very useful when developing your products.<\/p>\n Build a Diverse Team<\/strong><\/p>\n Studies have shown that the more diverse your leadership team is the more chances for success you will have. When building your team, seek out a wide variety of skill sets that compliment one another, and choose employees from varied backgrounds who will all bring a unique perspective to your business.<\/p>\n Sales Teams a Must<\/strong><\/p>\n While you might not have a huge department for them in the beginning, it is important to bring in a sales team that can help you generate a buzz for your products as soon as they are released and be true ambassadors for your brand as they seek new clients each and every day.<\/p>\n