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Building a Successful Tech Startup: Forming an Entrepreneurial Organization

Explore the key principles and strategies for forming and managing an entrepreneurial organization in the technology sector. Learn how to create a cohesive team, set common goals, and design a productive work environment for success.

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Building a Successful Tech Startup: Forming an Entrepreneurial Organization

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  1. Forming An Organization Entrepreneurship in Technology

  2. The Entrepreneurial Context • Start Ups are necessarily small • Everyone wears multiple hats • Deadlines are short, resources are scarce • Assembling People does not make a team • Exist to Achieve a Common Goal • Interdependent to Meet that Goal • Bound and Stable over Time • Authority to Make Decisions • Exist in a Social Context

  3. The Idea • Starts the Whole Process • Vision Establishes the Common Goal • Passion Allows the Team to Bond • Deadlines • Get it Done • (Driven by You and Your Team)

  4. The Entrepreneurs Role • Filmmakers and Entrepreneurs • You’re the Producer • Provide Committed and Focused Leadership • Positive Attitude and Positive Valuation • Influence, Contact and Knowledge • Knowledge and Skills • Effort and Motivation • Communication and Coordination

  5. Designing the Organization • Design the Culture • Teamwork • Flexibility • Broad Roles • Shared Authority • Information Sharing • Accountability • Fun and Motivating

  6. Designing the Organization • Design the Environment • Game Rooms? • Kitchens? • Lounges? • Labs? • Layout • Ergonomics

  7. Maxims • Org Charts are Unimportant if not Irrelevant • Titles are Unimportant • Beware the “Corporate Amex Card” • One Riot, One Ranger • Spring Steel, Not Titanium • Choosing a Crew for a Blue Water Cruise • Make Your Mistakes Early

  8. Picking and Sticking • Picking • Project Forward to Where You Want to Be • Use the Data to Plan How to Get There • Check Your Gut • Consider the Implications Several Steps Ahead • Projecting Forward • Convergent vs. Divergent Reasoning

  9. Pick and Stick • Using Data to Plan • Build It and They Will Come • What’s the Yield • Check Your Gut • Or not • Consider the Implications • Reflecting on Consequences

  10. Pick and Stick • Sticking • Harder than Picking • What Do Your Resources Allow • Have a Plan: Communicate It • Scan the Horizon • Tacking • Don’t Divert • Side Expeditions

  11. Pick and Stick • Plan for Plans to Fail • Prevention Planning • Aversion Tactics • Recovery Actions • Remember Why You Set Sail

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