Tue, 1 February 2022
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.
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