Investor Connect Podcast

Founder Business Skills Required

Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing.

In starting a company, there are key skills required of the founder:

Here is a list of basic skills:

Team building -- the founder must find a co-founder, build a board, and make the initial hires.

Leadership -- the founder must set the vision of the company and build support within the team.

Product -- the founder must specify the initial product and a roadmap for building it.

Sales -- the founder must be able to sell, including to customers, investors, team members, partners, and more.

Marketing -- the founder must be able to market the product by choosing the right market segment to pursue and creating materials for marketing the product.

Business model -- the founder must be able to craft a monetization strategy.

Finance -- the founder must be able to read accounting statements and financial reports.

Engineering -- the founder must be able to talk knowledgeably with the development team about their process and duties.

Get it done-ness -- the founder must be able to get projects done.

Emotional intelligence -- the founder must be able to set and build the culture of the company.

Founders should learn the basics in each of these areas.

Thank you for joining us for the Startup Funding Espresso where we help startups and investors connect for funding.

Let’s go startup something today.

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Direct download: Founder_business_skills_required.mp3
Category:general -- posted at: 6:00am CDT