Course / Managing for Success
How to Build a Startup Team
You will learn how to make decisions when recruiting and selecting team members, manage their performance, and how to retain talents through rewards, incentives or simply an aligned goal.
Overview
Fred Wilson, a successful venture capitalist based in New York, once said, "Building product is not about having a large team to manage. It is about having a small team with the right people on it.". This manifests the importance of building the right team for a start-up to move forward.
The team of a start-up is integral to ensuring its success. It won't be easy to get far without the right team, even with a great idea and solution for society. The company will progress further and find itself on the right track to success with the right team. The right team will support and motivate one another to further support each other along the way. Being able to press on in the face of difficulty is an important quality. If the team cannot hold on tight and work well with each other, they will be phased out by other competitors in the industry.
Hiring the right people is important to avoid unimaginable losses. Undercover Recruiter found that a start-up can suffer up to USD 240,000 losses when a bad hire is made. The expenses are spread across training, hiring process and pay. Thus, for a start-up to avoid such unbearable costs, it is important to be familiar with the hiring process to equip managers better to hire the right applicants into the company.
Learning Outcomes
- Understand how to recruit the right people to have a formidable team
- How to choose the right people
- How to manage your team's performance
- Giving the right rewards to retain your talented employees
Course Materials
- Videos: 18 Short Videos
- Course Materials: PDF Slides
- Templates: Including Offer Letter, Rejection Letter and Interview Checklist
Course Outline
Meet the Instructor
Jeslin Bay
Jeslin Bay is the Managing Partner of BlackStorm Consulting. As a business scaler, she has expertise in business partnerships, human resources, market entry, and business structuring in Southeast Asia. She also co-founded a fashion brand, SHINE APART, specialising in loud outerwear, stylish and yet professional pieces.
Being trained in operations and organisation management, Jeslin also conducts deep analytical dives into target subject matter, both internally and externally. Her responsibilities also include formulating frameworks and business tools to provide objective and innovative solutions to the clientele and business development.
