“Teamwork is the ability to work together toward a common vision. The ability to direct individual accomplishments toward organizational objectives. It is the fuel that allows common people to attain uncommon results.”

-Andrew Carnegie

All businesses, whether large and small, thrive from both a well-defined organizational structure and a great team.

Project failures can be a result of various reasons including poor communications, sloppy execution, inaccurate costs estimations, and a lack of senior managements’ support. Researchers have documented the importance of conducting personnel choice in the way the individuals fit the job, the team, and the organization. When management does not assign the proper individuals to their team, it has a direct impact on the performance and success of the team.

The team serves as the foundation of any new business, making it crucial for all entrepreneurs to understand how to build one with skill and discernment.

If you’re putting a team together for the first time, it is likely that you’ve already got a few people in mind. But, before you start, it’s important to know how a winning startup team looks like — and how you can avoid common and often ruinous mistakes.

What are some of the vital points to be conscious about during team choice in the enterprise-building process?

Initially, you must ensure certain number of things. For one, from small projects to the general company mission, it’s important to ensure that everyone involved is ultimately working towards the same goal. Every person must be aware of the direction the company is headed to and visualize the plan for getting there. Second, good communication remains essential in collaboration and in sharing goals and concerns; a culture where partners and core leadership feel empowered to discuss difficult topics and address obstacles. Market conditions, financial responsibilities, employee needs are dynamic. That is, they keep on changing. Prepare for what is under your control while always be ready to adapt and encourage your team to do the same to realities beyond your control.

Depending on your 5-year plan, your company values and whether you plan to emphasize your employees’ knowledge and skill development, prominently figure out where you want your company to go and what it will stand for. Doing so will better equip you to find individuals who share those beliefs and mission.

Following are the virtues you must keep an eye out for while hiring your dream team:

• PRIOR EXPERIENCE: A team with startup experience has a massive advantage over its competitors, without which, every challenge is a brand new one. Having an industry-specific experience on the other hand, can prove to be extremely beneficial.
• ADAPTABILITY: Building a startup team that can embrace the adapt-or-die nature of the startup scene helps in facing an undulating progress.
• COMMUNICATION: No one should be working in a vacuum. The team might be constituted of separate individuals, but it should function like a single organism, with each team member identifying and solving both their own and their teammates’ problems.
• SKILLS: In earlier stages of the startup’s lifecycle, everyone’s skill level makes a huge difference. It is even better if the skill sets are diversified, making it possible to solve a wide array of problems.

• DEDICATION: A startup team isn’t like a typical corporate enterprise and are structured much differently. What is still absolutely essential in its success or failure is the degree of passion within its members. This collective passion propels it forward despite the odds.
• GRIT: While passion acts as the fuel, grit leads to persistence. Startups can be draining and may not have defined work hours in its first days. However, a dream team understands, cooperates, collaborates and endures.
• SHARED VISION: If your team members are invested in the future and possibilities of your business, it can ensure long term success.
• EMOTIONAL INTELLIGENCE: This probably remains as one of the least addressed factors which helps in moving towards success. Emotional intelligence (represented as emotional quotient or EQ) is the ability to understand, use, and manage our own emotions in positive ways to relieve stress, communicate effectively, empathize with others, overcome challenges and defuse conflict. Persons with high EQ are predicted to have high work performance and lower chances of burnout.

     Although it might not be possible for to have each of these traits in every member of the team, however, it would be in the best interest of the founders and company that each member have most of these, with acceptable level of variations.

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