Investors, when wanting to award a contract, not only base their assessment on the product idea and the company name, as a scrutiny of the ways they operate shows that they also access the team behind it.
At this stage, it would be important to note that while an efficient and excellent team can implement a product idea, a bad team would do the opposite.
In line with this, it should be also noted that the failures of some start-ups can be attributed to the lack of a strong team.
Therefore, it is pertinent for CEOs to assemble and build a supportive and well-rounded start up team that would be effective in pulling in and executing contracts.
Be a good leader
According to studies, it has been discovered that the attitude and behavior of the leader affects the followers.
Therefore, if the leader is irresponsible, it is likely that his team members would follow in his footsteps. Ditto for if he is responsible.
There should be team-building exercises and seminars
Exercises and Seminars for the group members is important because they can have a positive effect on the team performance especially in the area of coordination, understanding and most importantly, communication.
There should be autonomy
For start-ups, research has shown that it is important that even though micromanaging is supposed to increase efficiency as it prevents productivity loses and make people more accountable, autonomy is the best choice for start-ups because it positively impacts happiness on the employees and it can also increase the productivity of the workers.There should be focus on intrinsic motivation
The team leader/ boss should make sure that he encourages the team he is leading to dwell on their intrinsic motivation which refers to the passion and drive that comes from within.
This is because according to studies, the extinction motivation that comes from the team leader/boss may not inspire employees to work as the greatest motivation and most personal satisfaction comes from the goals that we choose for ourselves.
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