Startup Business Team - How to build your team!

When you are building a startup business you will want to have a team of people. This team of people are going to be your go to team. They will provide support, information, skills, experience and contacts.

The team that you need to build will depend on the needs of the business. I like to break down my team into different genres.

-Generic
-Industry specific
-Motivational

Generic

Generic team members are members that will have skills that are transferable across industries. These will include Legal, Accounting. You can use these in different industries and you will probably develop a relationship with these people and make use of their skills sporadically. They may do you accounts monthly or just help you set up your company. You may need a lawyer to check new contracts with suppliers or partners.

Industry specific

These team members are going to be key to the success of your business because they will have contacts and knowledge of the industry you are going into. These contacts will help you identify opportunities and also help you avoid pitfalls in your industry. When it comes to hiring people your industry specific team members will be able to help you find the best people for the job.

Motivational

These team members are the people who support you. They come in all shapes and sizes. Motivational team members may be family members, friends and most importantly people who have build a business and know how to guide you through growing your business. These will be some of the most important relationships you have. A mentor is a great person to have on your team especially if they are a successful multimillionaire who can introduce you to other contacts. He may be able to help you find the generic and industry specific team members that you need to build your startup business.

When you first start out try and find team members who will give you their time for free. Later when you have some success you should search out and pay for the best advice available.