8/20/2019 9 Steps for Building Great Founding Team http://slidepdf.com/reader/full/9-steps-for-building-great-founding-team 1/16 9 Steps For Building Great Founding Team (Systematical Approach) Ahmad Moalla - @amdmala Managing Director - Teamay !G The Founder "nstitute Berlin
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8/20/2019 9 Steps for Building Great Founding Team
Ahmad Moalla - @amdmalaManaging Director - Teamay !G
5hat are you G23ATat?
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ou ant a co-+ounding team that co+ple+ents your s*ills7 Thereis asolutely no other reason7
Start ith a list o+ o+ s*ills that you are -Great at (those are yours)-ot great at ---C %otential Co1founder (ut not yet)-31ception people s*ills teamor*% a must +or e,ery co-+ounder including <T-Tip Eoo*-up your competitors orgcharts or at least +ind out aout co-+oundersand early employees
The Founder"nstitute Berlin
8/20/2019 9 Steps for Building Great Founding Team
Ahmad Moalla - @amdmalaManaging Director - Teamay !G
De+ine eeded2esponsiilities
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o that you *no hat are you great at% it is time to group hatyou are not great at into responsiilities ased on your usiness
idea E7 3ach idea reuires its on structure7
A co-+ounder is T an early employee7 ou need a clear set o+responsiilities731ample responsiilities Business Strategy% Finance% Mar*eting%"T% roduct77etc
Ti Eoo*-u our com etitors or similar usinesses oard o+ directorsThe Founder
"nstitute Berlin
8/20/2019 9 Steps for Building Great Founding Team
Ahmad Moalla - @amdmalaManaging Director - Teamay !G
Start TheSearch
S t a r t T h
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M i s s i o
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ou *no hat you ant and you ha,e a clear ,esion and mission%and hey our are in Berlin
laces here you can recruit-Social media (lin*edin7com% co+oundersla7com% reddit% and e,en+aceoo*)-Meetups-nline communites (e7g7 dHangogigs7com% lin*edin groups)
Best co-+ounders are re+erred y your est +riends7 Start ithThe Founder"nstitute Berlin
8/20/2019 9 Steps for Building Great Founding Team
Ahmad Moalla - @amdmalaManaging Director - Teamay !G
Start or*ingF"2ST
S t a r t T h
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Because people teamor* s*ills are a must7 The only ay to *nois to get to or* +irst7
-Teamor* I the aility to or* ith ! and other co-+ounders7-Sign an DA (to *eep your startup in+ormation con+idential)-"ntellectual property (") assignment agreement (all or* doneduring this month is oned y your company) email me +or atemplate7-Be honest ith co-+ounders% this is the est ay to go +or oth
sides7-
The Founder"nstitute Berlin
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8/20/2019 9 Steps for Building Great Founding Team
Ahmad Moalla - @amdmalaManaging Director - Teamay !G
racticesaying o
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As a +ounder% your only ay to uild the est team is to chooseonly the est people a,ailale7
Saying o to those ho donJt +it is a s*ill you must learn7 The6th step is a ig help here7ou can in any argument i+ you sho +acts% e ell prepared andsaying o ill e easier7
ersonal tips-A,oid the thin*ers (i+ less than $'K is spent on doing% then
you canJt a++ord it)-
The Founder"nstitute Berlin
8/20/2019 9 Steps for Building Great Founding Team
Ahmad Moalla - @amdmalaManaging Director - Teamay !G
Design theagreement
S t a r t T h
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s i o n
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This step is an e1tension o+ step 87 ou leanred hat options arethere% you loo*ed up similar companies setup no it is time to
thin* aout each indi,idual co-+ounders agreements7
-Eearn aout a <li++ and :esting lans (my +a,ourits are one yearcli++ and years ,esting)-Setup a meeting ith your co-+ounders to dra+t the main pointso+ the agreement7
-DonJt reach out to a layer e+ore ha,ing at a least a ullet-The Founder"nstitute Berlin
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8/20/2019 9 Steps for Building Great Founding Team
Ahmad Moalla - @amdmalaManaging Director - Teamay !G
Eegal%set% Go
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2espoinsiilites are clear% co-+ounders are +ound% goodagreements are dra+ted% it is time +or the otary7
-A,oid doing multiple notari4ation i+ possile7-2e,enue shares% con,irtale loans donJt need notarisation7 Any
contract that is not concerning the company as an entity7
-ou can alays increase the numer o+ shares in your company andadd ne co-+ounders (although not recommended)-ou can alays uy-out your co-+ounders i+ oth parties agree%
ut it is Ldirty7 The Founder"nstitute Berlin
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8/20/2019 9 Steps for Building Great Founding Team