How structure your startup as your Business company grows

Most start-ups start the same way. One or two people get together in a basement or a garage and through talks of changing the world, a plan formulates that will do just that, change the world.

In the beginning, most startups do not have capital, a key distinguishing factor from a company.

How to structure your startup

Hence, the founders take on as many roles as possible to get the dice rolling. Soon, as the startup grows, there are more responsibilities than one or two people can handle. This is the stage where some sort of formal structure needs to start emerging to ensure the survival of the start-up.

How structure your startup as your Business company grows
How structure your startup as your Business company grows

The importance of role definition

Initially, as stated previously all the roles are taken up by the founders. However, no one person can do everything, we all have our weaknesses and strengths. Two steps are important before roles are defined.

First, identify the roles necessary for the business. When plans are made, they need to be so comprehensive that they go over every detail there is to go over. All roles need to be identified for the present and the future.

Second, founders must realize their strengths and weaknesses. To take on roles that allow them to lead and complement their strengths is a wise strategy.

Roles that can be considered weaknesses, founders need to bring on professional people. A founder may be an excellent IT genius, however, may lack the necessary skills to raise capital or handle logistics. It is important at this stage to bring in professionals that can add red value in growing the business.

Team building is vital

A defining characteristic of a start-up is that it is decentralized and lacks any formal structure. However, even Google and SpaceX, huge companies that still run as start-ups require several teams to take on roles.

Frank Yeboah

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