Session #2: Gearing Up with ‘Armor’ Before Setting Sail on the startup Journey
Objectives
- Forming an unstoppable founding team – founder-problem-fit, values & vision.
- Building a community of mentors and advisors for our startup.
- How to select, communicate and engage with stakeholders to maximize value.
- Business communication methodologies – building our global network.
Proposed outline
Part 1 – Team
- 25 minutes – Part #1: Forming an unstoppable founding team – Identifying your ideal co-founders & how to structure the process.
- The frameworks of assessing a relevant co-founder.
- Principals and Values of Unstoppable teams.
- *Optional – 5 minutes – Exercise – Building your Co-Founder’s profile.
- Rate your priorities for founder’s work style, values, prior knowledge and experience etc.
- 15 minutes – Part #2: Becoming an unstoppable founding team – principles, values and attributes of great founders.
- Introducing PTs and other vehicles to experiment Founder-Fit.
- The “What If” list – Potential scenarios for the future.
- Building your questionnaire for a potential co-founder.
- 20 Minutes – Build your ‘PT’ questionnaire exercise & Discussion.
- 10 minutes – Break
Part 2 – Advisors & Networking
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- 30 minutes – How to select, communicate and engage with stakeholders to maximize value.
- Understanding what types of mentors / advisors we might need?
- Managing your Network – CRM, Tools. Best Practices & Hacks
- Managing Relationship
- Managing Meetings – Pre, During, Post
- 10 minutes – Exercise – Mapping your network & defining your needs.
- Build your relationships CRM + Determine goals for advisors / mentors.
- 15 minutes – Cold & Warm Intro’s.
- Show “elevator pitch” structure → translation to intro-blurb.
- 15 minutes – Draft Warm / Cold Intro.
- Draft a warm intro-blurb and give feedback.
- 20 minutes – The Intro-Blurb Exercise + feedback session.
- 5-10 minutes – Best practices for engaging your network – tools, mindset and practice.
- 5 minutes – Summary
- 30 minutes – How to select, communicate and engage with stakeholders to maximize value.
Learning outcome
- Building profile for your ideal co-founders.
- Create a structured process to onboard co-founders.
- Build your network CRM and network goals.
- Understand and articulate your network activities and updates + advisory board members.
- Performing outreach to potential advisors and mentors.
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