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You are here: Home arrow Mompreneurs arrow Business Building 101 arrow How to Build the Right Team
How to Build the Right Team Print E-mail

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No Business Woman is an Island
How to Build the Right Team

We know you like to do that superwoman thing. Or better yet, you think that if you don’t do it then it won’t be done correctly. Or worse, perfectly! Gasp! But to build a company that grows and grows, you need to start building a team around you.  Here’s how!

To build a strong business you a team of professionals and others who can support what you’re doing in the business either with professional skills, personal support or serving in a business advisory capacity. Every side hustle success story has a strong team. They say behind every successful man is a good woman. Well, behind every successful woman is a team of supporters—both professional and personal who help propel her to the top. Now, supporters generally come in two forms: advisors and specialists. Some you hire, some you pay for, and some you obtain through networking and outreach. Obviously, you want to obtain your team as inexpensively as possible, but don't be afraid to pay for experience and expertise if necessary. Smart people at your side can save you years of hard work--and missteps.

What to Do:

There are some basic professional services every business should have. That includes an accountant, an insurance agent, a lawyer, and a banker. It should also include a professional business coach, business mentor, or an expert to get an accurate read on the validity and requirements of your future plans.
 
 
Look for people with proven experience working with business in your industry or with companies’ of similar size.
 

To get started, make a list of everyone you've ever known or met personally who might be of assistance. Relatives, old college friends, sorority sisters, church members old and new, and even friends of friends may have the perspective you need. Remember, objectivity is personality-based, not relationship-based.

If a person is mature, experienced and knowledgeable, they can be of value to you.

Look for people with proven experience working with business in your industry or with companies’ of similar size. In the early days of a business, every penny counts. You're right to manage costs and not add people until you absolutely have to, even if you have the cash reserves to support the payroll. However, the most expensive advice of all is free advice from a poor source. Get great advice and great help, even if you have to pay for it. It'll be worth it! Here are some questions to ask before hiring key professionals:

1.    What is your experience in the field?
2.    Have you handled matters like mine?
3.    What are your rates and how often will you bill me?
4.    What is a ballpark figure for the total bill, including fees and expenses?
5.    Can you provide references?

 

 
    mochapb_rd3.jpgFor more tips and team building ideas check out chapter five of The Mocha Manual to Turning Your Passion into Profit—How To Find & Grow Your Side Hustle in Any Economy (Amistad / HarperCollins) by Kimberly Seals Allers on sale everywhere January 2009.    

     
       

 

 

 
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