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Session 5 Building a Team

EITWS Session 5

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Session 5Building a Team

REVIEW

Homework:• Pair Up• Pick a Business to Start• Give it a Name

Entrepreneurship is…

the art of turning an idea into a customer

Kevin Koym• Founder of Tech Ranch• Practicing entrepreneur• International influencer

Be aware of How You WorkBe your own boss. Be flexible. Know who you are as a leader.

A leader is one who knows the way, goes the way, and shows the way. —John Maxwell

Get to Know the Rest of the TeamThink of your team as puzzle pieces that can be placed together in a variety of ways.

Clearly Define Roles & ResponsibilitiesA team should operate as a mosaic whose unique strengths and differences convert into a powerful united force.

Be Proactive with FeedbackTake the time to remind someone of how and what they can be doing better. Learn from them. Feedback is two-way communication.

Acknowledge and RewardWhen people are acknowledged, their work brings them greater satisfaction and becomes more purposeful.

Always Celebrate SuccessCelebration is a short-lived activity. Don’t ignore it. Take the time to live in the moment and remember what allowed you to cross the finish line.

10 Slide Pitch• Elevator Pitch• Problem• Solution• Market Size• Business Model

• Competition• Marketing Plan• Team• Financial Projections• Needs

Elevator Pitch30 second summary

We solve [problem] by providing [advantage], to help [target] accomplish [target’s goal]. We make money by charging [customers] to get [benefit].

Monday

November 10th

4-6 pm

Homework:

• Write your company’s

elevator pitch

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