Profile
Research indicates that 14% of startups fail due to team-related issues. Discover the importance of selecting the right members, defining the roles accurately and establishing agreements that support the company's technical and long-term goals. This module highlights the significance of solid legal groundwork and the value of mentorship and explores strategies to leverage personal networks for building a supportive circle of mentors and advisors, addressing crucial legal aspects that are fundamental to a startup's success. By the end of the module, participants would be equipped with the essential tools and insights for assembling a dynamic and effective team and critical aspects of team formation, legal preparedness, and mentorship, providing a robust foundation for entrepreneurial endeavours.
What You'll Learn
At the end of the 2-day module, participants will be able to:
- Master the guidelines for selecting the right mix of founders, employees, and managers
- Understand strategies for defining roles and responsibilities for early team members
- Learn to create a comprehensive founders' agreement, Employee Stock Ownership Plan (ESOP) structure
- Recognise how to leverage technical resources effectively within the team structure
- Master the guidelines for selecting the right mix of founders, employees, and managers
- Understand the legal aspects of team formation