In our journey to standardize and make efficient tools in the early-phase process, we realized that startups need efficient tools of including interested and committed members to their teams. Therefore we developed the Work Investment Model and have employed our own tactics and grown our own company with that model.
Now we want to provide this as a tool for startups in our community to use, in order to build healthier teams and attract the right individuals for the long run.
Click the image for an infographic of how the model might work.
What this means in practice?
- For a startup, you can grow your team by using equity options in your startup.
- For the individual, you can join a startup you believe in with a real entrepreneurial stake.
Simple? The point is, that when the team is built this way, you not only attract those that are committed to what you are building, but everyone’s interests are aligned in the startup.
Everyone knows how important the team is in the startup, but getting everyone on board and driven for the vision is just as important. The right mentality or culture in a startup, is what drives the startup onward. We feel that we have already validated this model, as we have built our own team to include some great individuals that are dedicated in building our vision and seeing it come to life. And even as we are undoubtedly early on in this exciting market, we have already come a long way.
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Tags: work investment
This entry was posted on Saturday, March 19th, 2011 at 11:04 pm and is filed under VC Capital. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.