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10 of the Best Practices For Building A Great Team



How to build a great team

When looking to build a team for your department, business or startup, your goal is to try and assemble and grow the strongest team you can.

Most great leaders and entrepreneurs are only able to do what they do because of the people they hire. It’s the reason Google, Apple and Facebook are constantly battling to attract the best hires – a good team makes a difference.

Here are 10 best practices for building and maintaining a great team:

1. Hire great people

Don’t hire the people that you think will listen the best, or won’t cause trouble – hire those that will be creative and push the limits. Your team will only be as ambitious as the people you put on it. Hire people smarter than you. Don’t be afraid of those people, make them part of your team.


2. Trust the team

You have to trust that you’ve hired the right people, and let them do their jobs. Don’t micromanage and constantly stand over their shoulder. It annoys the employee, and you have better things to do. Trust the team to do the job. Be there to support them and only check in from time to time.


3. Nurture talent

If you have talented people on your team, let them be talented. Nurture them. Help them grow. Let them be outside the box part of the time. It’s part of the reason for the Google 20 rule. Google allows employees to spend 20% of their time working on whatever it is they think will benefit the company most – no matter how farfetched it is. Nurture your team’s talent and it will benefit the business.

“In most cases being a good boss means hiring talented people and then getting out of their way.” – Mary Kay Ash

4. Value all ideas

Listen to everyone on the team. Include them in brainstorming processes and make sure you value all contributions. Encourage them to share and feel like they’re helping to build the company. When you value all ideas, you’ll find the team is much stronger.


5. Lead by example

Leading by example will help set the standard for the team. It pushes team members to better themselves, to meet your standard. It also shows them you’re not just leading the team, but that you’re part of the team. You’re helping move things forward. By setting the work ethic of the team yourself, you’re able to show the team what it takes on a day-to-day basis.


6. Teambuilding exercises

Teambuilding exercises have been around since the dawn of teams. They work. They help teams become more comfortable outside the work environment, so they can be more comfortable inside the work environment. When a team knows each other, understands each other, and communicates better, the team will function more as one unit, than several individuals.


7. Non-work communication

Recent studies have shown that teams do better when they’re allowed to have non-work related communication. This plays into the idea that as teams get more comfortable, and get to know each other better, there’s less friction as they understand where they’re coming from. Don’t shut down non-work talk. It can be mini team building that happens every day.


8. Create a diverse team

Hiring a diverse team makes for a stronger team. Don’t think that everyone on the team should have things in common or be cut from the same cloth. Diverse teams tend to do better. It brings different perspectives, ideas and solutions together that can really help make team really strong.


9. Trust the resume

When looking for new team members, trust the resume. If you can spot mistakes, that’s a bad sign. Mistakes are really easy prevent with so many articles that have resume tips for first time writers. A poorly designed or written resume is a sign they’ll make the same mistakes on the team. The resume should be the best they have to offer. If there are problems with it, expect problems when you hire them.

“It doesn’t make sense to hire smart people and then tell them what to do. We hire smart people so they can tell us what to do.” – Steve Jobs

10. Show appreciation

Let the team know when they are performing well. Let them know they’re valuable. You’ll find a little appreciation can go a long way. Celebrate the little victories every day that team members think you don’t notice. This will go a long way to growing trust and making members feel like they’re a vital part of the team.

Hiring and nurturing teams isn’t always easy, but following the above practices will help you avoid costly mistakes. Don’t be afraid to tweak things as you go along. The worst thing you can do is double down on poor decisions. Hire a good team, treat them well, and you’ll be on your way.

Which practice do you think is the most important to building a great team? Please leave your thoughts in the comment section below!

Elaina Meiser is a graduate student and an enthusiastic blogger. She started blogging 5+ years ago as a hobby and now her writing experience includes articles at ResumesCentre. Elaina loves creative arts, different tips & tricks guides, excursion and backpacking trips. You can follow her on Twitter @ElainaMeiser.

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How to Manage Your Startup’s Finances More Efficiently

No matter how groundbreaking your product or service, your startup could quickly be on shaky ground without proper financial management



managing your startups finances

Running a triumphant startup requires juggling numerous responsibilities. From managing operations and coordinating with team members to developing innovative marketing strategies and nurturing relationships with clients, the to-do list seems endless. (more…)

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5 Strategic Power Moves to Successfully Build Your Empire

Transitioning from idea to empire is a journey of strategic planning, execution, and constant evolution



how to build your empire

The journey from a fledgling idea to a thriving empire is both exhilarating and daunting. The Startup Launchpad is not just a process but also a strategic framework that enables visionary entrepreneurs to become market leaders. This framework comprises five power moves, each a critical steppingstone in building a successful business.

These moves—Ideation, Business Plan, Online Presence, Strategic Marketing, and Launch and Growth—are the blueprint for turning aspirations into achievements. (more…)

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How to Avoid Startup Clichés and Buzzwords When Pitching Investors

Using jargon can make you sound like you’re trying to fill space instead of providing meaningful data



How to pitch investors better

Entrepreneurs frequently seek startup funding through a variety of channels. Yet, none seem as challenging as successfully pitching to experienced investors. After all, investors are pressed for time and eager for opportunities. These characteristics make it challenging to motivate them, especially if you’re bombarding them with a pitch full of jargon. (more…)

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From Idea to Empire: 5 Power Moves for Your Startup to Thrive in Today’s Market

As an entrepreneur, I’ve learned that understanding market dynamics and choosing the right business model are crucial



How to thrive in the startup market in 2024

As an entrepreneur, I’ve learned that understanding market dynamics and choosing the right business model are crucial.

A few months into the startup, I was quick to gauge why it is necessary to go beyond the nuances of operational efficiency and the art of sustaining a business amid growing competition.

Collaboration is key.

The HR and the recruiting teams work with departments to foster a culture of collaboration, but what’s indispensable to business performance is the sync between the marketing and sales teams. What we’d consider as entrepreneurs is the need to ensure seamless collaboration to predict and achieve business goals together. In turn, this will help secure long-term recurring revenue for the business.

Besides, entrepreneurs need to focus on revenue as they gear up to take their startup from $0 to $1 million. The journey is filled with critical decisions, from identifying your target customer base to choosing the right funding strategy.

So, what next?

Read on… because here are five practical, results-driven strategies that you as a founder can implement to make a mark in their industry.

#1. Embrace the Lean Methodology

What is lean methodology?

It is all about pivoting resources to create more value for customers with fewer resources. 

This principle encourages you to be more agile and allow rapid iteration based on customer feedback rather than spending years perfecting a product before it hits the market.

Want to implement it?

Here’s what you can do.

Build “Measure-Learn” Loop: What I did was develop a minimum viable product (MVP), a simple version of the product. You can do the same since it allows you to start the learning process as quickly as possible. After launching MVP, measure how customers use it and learn from their behaviors and feedback.

Here’s what I can recommend here:

  • Identify the core features that solve your customers’ primary needs and focus solely on those to develop your MVP.
  • Know the feedback channels where early users can communicate their experiences, suggestions, and complaints.
  • Analyze user behavior and feedback to make informed product development and iteration decisions.

#2. Focus on Customer Development

Let’s talk about taking our startup to the next level. 

It’s not just about getting customers – it’s about really getting to know them. We need to dive into their world, understand their struggles, and see how our product or service can make a difference in their lives. 

It’s like we’re detectives, piecing together the puzzle of our business hypothesis by actually chatting with our customers

What would you ideally do here?

Understand Customer Segments: I’d say, start dividing your target market into segments and develop a deep understanding of each segment’s demographics, behaviors, needs, and pain points. The idea is to get into their shoes and really feel what they feel.

Ensure your Product Clicks: When starting up, think of what you offer and consider whether it clicks with what our customers need. My thought was “Does my product solve their problems? Does it make their day better?” Put yourself through a tough grilling session to show customers the value proposition and ensure that the product’s promise matches what our customers are looking for.

I’d recommend the following actions here:

  • Talk to them – through surveys, interviews, or even casual chats. The goal? To gather real, raw insights about what they need and expect.
  • Use the collected data to create detailed profiles for each type of customer. This way, everyone on our team really understood we were serving. I think this should help your startup as well.
  • Try out different versions of our product with a few customer groups. It’s all about feedback here – understanding if you’re hitting the mark or if we need to pivot.

#3. Foster a Data-Driven Culture

The digital world is highly data driven since it fuels key decisions in a startup. 

I believe it’s essential for us to build a data-driven culture. This means, you’ll move from making decisions based on hunches or assumptions. Instead, the focus should be on data analytics and insights to guide our strategies and improve our outcomes.

What can you do?

Use Data Analytics Tools: You should be using these tools to gather, analyze, and interpret data related to customer behavior, market trends, and our business operations. Here, consider the adoption of pipeline forecasting that leverages AI to find patterns in marketing data. 

In turn, you’ll get areas for improvement since it can analyze historical data and predict the outcome for you to plan your.

Action Items:

  • Pinpoint key performance indicators (KPIs) that align with your business objectives and ensure they are measurable and actionable.
  • Next, you can consider training your team to understand and use data analytics tools. This might involve workshops or bringing in experts to build a data-savvy workforce.
  • Once everything is in place, regularly review data reports and dashboards. This gives us a clear picture of a startup’s health and helps adjust your strategies and predict future trends.

#4. Strengthen Your Financial Acumen

A good grip on financial skills is important to steer your business towards growth and making sure it stays on track. For this, you’ll have to understand the money side of things, which helps you manage your cash flow. Think of figuring out smart investment moves and sizing up any risks that come your way.

Here’s a tip on how you can get savvy with your finances.

Maintain Rigorous Financial Discipline: I’m really focused on cultivating a strong company culture, one that truly resonates with our mission. So, I’d suggest fostering open communication and encouraging a sense of ownership and collaboration among everyone in the team.

Action Items:

  • Get to know your financial statements inside out – I’m talking about the income statement, balance sheet, and cash flow statement. These are like the vital signs for your business’s financial health
  • Use financial forecasting that helps predict your future money moves. With this, you will have a heads-up on upcoming revenues, expenses, and how much cash you’ll need. Also, research on the available financial forecasting tools that can make predictions spot-on.
  • Don’t go at it alone. Regularly touch base with financial advisors or mentors. With them by your side, you’ll have a fresh perspective on your financial strategies to ensure you’re on the right path to hit your business goals.

5. Prioritize Team Building and Leadership Development

It is crucial to focus on building a solid team and developing strong leaders. This means putting our resources into the people who are going to propel our company forward. 

What you’ll aim for here?

Creating a culture where everyone collaborates and every team member has the chance to emerge as a leader.

What I would do:

Cultivate a Strong Company Culture: This culture should mirror our mission and foster open communication. It’s important that it encourages everyone to feel a sense of ownership and work together.

Invest in Leadership and Team Development: As founders, we’ll have to make way for opportunities for teams to enhance their skills, face new challenges, and grow in their careers.

Some concrete steps that you should consider taking:

  • Begin with clearly communicating your startup’s vision, mission, and values so that every team member is on the same page.
  • Conduct regular team-building activities and workshops to boost skills and strengthen a sense of unity and collaboration.
  • How about starting a mentorship program within our organization? The more experienced team members could guide and support the growth of newer or less experienced folks.
  • Alas… encourage feedback at all levels. We should keep striving to create an environment where open, honest communication is the norm and everyone feels safe to speak up.

I know it’s one thing to get your head around these ideas and quite another to actually make them a part of your everyday business life. But that’s where the real magic happens, right? It’s all in the doing. 

As a startup founder, this means more than just being a big dreamer. How about rolling up your sleeves to be the planner who pays attention to the smallest details. Ultimately, these tips and more tactics around it will help carve a leader in you who listens and cares and the learner who’s always ready to adapt

So, as you’re either starting out or moving forward on this entrepreneurial adventure, keep these practical tips right there.

May these be your guiding lights, helping you steer through the wild and exciting world of building a startup that’s not just a dream, but a thriving reality.

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