Entrepreneurship Research Guide : Team
This guide is a collaborative effort between the Wisconsin School of Business and the Business Library.
One: Describe who you will need on your team and how it will work
- Can the team execute the business idea you have?
- How are decisions made?
- Can the team pivot (change the business model) if necessary?
Two: Building a team
Build an advisory board you of people you can ask for insights and help on occasion.
Look to build a team of 3 to 5 people who have varying experience in industry and different training/skill sets to improve bandwidth. Who else needs to be hired?
Build a board of directors that can accelerate business development efforts, provide specialized knowledge (e.g. legal expertise), and more. Stay with odd #’s of people.