This document is proprietary & confidential information

Building, sharing, collaborating

TEAM

This document is proprietary & confidential information

what is an entrepreneur?YOUR TEAM

ENTREPRENEUR IS SOMEONE WHO:works alone?

manages people;takes risks;

makes money?generates value;

ENTREPRENEUR IS SOMEONE WHO:works alone? ☻

manages people; ☻takes risks; ☻

makes money? ☻generates value; ☻

ENTREPRENEUR IS

‘someone who jumps from a

plane..

without a parachute..

..and figures out how to build one on the way down’

This document is proprietary & confidential information

why it is important?YOUR TEAM

ΤΕΑΜ IS THE MOST IMPORTANT ASSETharder to find than money!

BECAUSE A ΤΕΑΜcreates stuff

adapts backs-you-up

BACK-UP WHEN SHIT HIT THE FAN

IT HAPPENS OFTEN

OH YES IT HAPPENS

This document is proprietary & confidential information

how should we collaborate?YOUR TEAM

Product Manager

Support

CEO

Marketing

But I want to make all decisions!

This document is proprietary & confidential information

where can i find a team?YOUR TEAM

Where are they?

WHERE TO FIND Α ΤΕΑΜmix & match events

online startup communities

HOW DO I SPOT THEMtalk!

share your idea!inspire them!

TALK?‘hi i am…..’‘and i do….’

(marketing?, design?, programming?)

This document is proprietary & confidential information

what people i need?YOUR TEAM

THE TEAM MEMBERS YOU NEED1 business person

1 marketing & promotion person1 product person

(PRODUCT PERSON MEANS)market, product features,

product design & development

This document is proprietary & confidential information

how do i chose my team?YOUR TEAM

TEAM MEMBERS WHO AREcrazy enough to help you!

(yes when shit hit the fan)

TEAM MEMBERS WHO HAVEsame vision like you

(save the world maybe?)

TEAM MEMBERS WHO HAVEsimilar goals in life

SIMILAR GOALS IN LIFE?you have a startup

you are 20 years oldyou get an offer for $10 million

SIMILAR GOALS IN LIFE?2 years later

you have no revenueyahoo offers $1 billion!

SIMILAR GOALS IN LIFE?1 year later

you still have no revenuemicrosoft offers $15 billion!(yes 15 FU%$#%$NG billion dollars)

SIMILAR GOALS IN LIFE?you have a startup

first yearfacebook offers $3 billion!

SNAPCHAT

TEAM MEMBERS WHO HAVEsame vision like you!

WHAT YOU NEED TO DECIDEwho does whatcommitment

equity

This document is proprietary & confidential information

how do I split equity?YOUR TEAM

SHARING CRITERIAexperience

market knowledgeskills

commitmenttheory vs execution

SHARING EXAMPLEWHAT YOUR WEIGHT HIS/HER SCORE RESULT

Experience 1-10 1-10 ?

Market Knowledge 1-10 1-10 ?

Skills 1-10 1-10 ?

Commitment 1-10 1-10 ?

Theory VS Execution 1-10 1-10 ?

SHARING EXAMPLEWHAT YOUR WEIGHT HIS/HER SCORE RESULT

Experience 5 3 15Market Knowledge 7 7 49

Skills 9 10 90Commitment 10 3 30

Theory VS Execution 10 7 70

254

SHARING EXAMPLETOLISBUSINESS (i.e. the CEO)

MARYMARKETING(i.e. the CMO)

BOBPROGRAMMER(i.e. the CTO)

Score/Share

520 254 370 1.144

45,5% 22,2% 32,3% 100%

* % of your company

DON’T FORGET!

This document is proprietary & confidential information

Managing Partneraival.com

THANK YOU TOLIS AIVALIS

facebook.com/TolisAivalis linkedin.com/in/Aivalis @aivalis