Building a cohesive and successful team is one of the most crucial aspects that investors look at. After all, investors invest in people, not just technology or a product. It's extremely important that the team can bring the envisioned and initiated projects to fruition.

How to create a close-knit and successful team that will be a pleasure to invest in?? Choose individuals with shared values, strong players, and diverse skill sets.
? Foster communication within the team; talk openly. Address any emerging negativity right away, without letting it accumulate.
? Ensure that employees' motivation is not at zero or in the negative zone.
? Assign responsibilities and tasks based on skill levels, without overtly leaning towards skill reduction or advancement.
? Hire people you would want to work with over the next 5 years.

With these steps in place, success is bound to follow!❓And now, let us ask you: what strategies have you found effective in building and nurturing a strong and motivated team? Share your insights in the comments below?

@fractalweb3

Starting a startup with no Initial investment. What to do now if starting from scratchIn crafting a formula for a prosperous startup, we'd encompass three vital elements:

✅Concept
✅Team
✅Funding

Let's explore each aspect in detail, considering the lack of initial capital.

*1️⃣*ConceptRealize that ideas, akin to capital, are valuable assets. We choose them based on our interests or circumstances.

Identify a trend ? immerse ourselves ? experience a problem ? engage in customer development to formulate solutions.

*2️⃣*TeamA team must:

?collaborate on an equal footing (each member freely expresses opinions)
?be comprehensive. This means including three roles: the hustler (dealing with sales, resources, management), the hipster (managing marketing), the hacker (tending to the product), and the analyst, who processes data.

Once the team is established, it's vital to agree that success leads to commercial partnerships. If not, acknowledge it as a valuable experiment. The team's success tomorrow heavily hinges on each participant.*3️⃣*FundingWith the MVP ready, the problem verified, and willing paying customers, attracting investments comes next. Collaboratively develop a presentation. Be it a canvas, PowerPoint, or Google Slides, it incurs no cost.

Armed with this, approach potential clients. With the team structured as described earlier, contacts are likely to include someone interested in the product.

*❗️If there's no immediate client, leverage your network for recommendations; undoubtedly, someone will be of assistance.*The subsequent steps involve:

?Crafting a product presentation.
?Promising to resolve the client's issue and securing advance payment.
?Replicating this process tenfold, delivering on commitments using the funds received.
?Recognizing the need for expansion.
?Scaling up.

*❗️At the outset, a product isn't mandatory. Understanding how to fulfill commitments remains the primary focus.*@fractalweb3

*?Inspiring belief in your team's missionTo begin, it's important to note that a team's enthusiasm isn't innate; it's kindled by the founder's energy?* The team's vigor is directly tied to the founder's unwavering belief in the idea.

Where does this conviction originate in the founder? Undoubtedly, it stems from tangible progress: initial positive feedback from satisfied clients and the initial confirmation of the product's value. This instills confidence that the founder is on the correct trajectory.

**How to validate the product's necessity?

Customer development** is an ideal tool to determine if you're creating something indispensable or merely conjuring ideas. Even worse would be investing substantial funds into a futile endeavor.

Consequently, we initiate conversations with potential clients, inquiring when and under what circumstances they encounter the problem we intend to address. Repeating these discussions 50-100 times reveals recurring issues, enabling us to either affirm our approach or refine the product based on each study's conclusions.

If the product isn't yet complete and motivation is waning, secure initial orders!Establish a landing page, launch targeted advertising, and secure initial orders. Even if the product is in development for the next six months, the presence of demand will bolster the founder and the entire team's belief in the endeavor.

*✅I employed this strategy when striving to scale.* Each morning, I convened the scaling team and presented our achievements to either our central office or the partners who had already joined us.

I showcased the investments secured, the fund allocations, and the commissions earned. I presented tangible evidence to the team—a testament to our creation of a robust, exceptional product. The more evidence we gathered, the stronger our belief became.It's imperative for the team not only to believe but also to be motivated to independently advance the product. This amplifies their faith in the project's significance. Conduct collaborative strategic or decision-making sessions. Foster an environment that encourages the product's advancement.