Startups

Start-ups
also need an
A-Team!

(maybe even more …)

Start-ups

YES Partners helps Start-ups

Most of YES Partners’ clients are established companies. Over the past few years however the inquiries by Start-ups (especially early stage and prefunding) has been increasing.

Here’s Why

Apart from idea, the technology or product, the market opportunity and it’s validation, the company needs an A-Team of Executives with experience in their areas or industries in order to establish the credibility and (especially for prefunding startups) to get their initial funding.

YES Partners firmly believes that even a company with a B-Product can be very successful with having an A-Team, but a company simply having an A-Product does not automatically guarantee a success with (only) a B-Team.

Forming a Start-up Team

When forming a Start-up team, it is important that the team has complementing skill-sets, i.e. it is not important who does what, but it is crucial that someone in the team has the knowledge and understanding of the different functions of the company like Vision, Finance, Marketing, Sales, Management, Operations, Development & R&D.

Founders of Start-ups are very often the Engineers needing therefore to bring in (complement) with business experience.

CEO Requirements

For a prefunding Startup typically the CEO / Chief Executive Officer requirements are:

  • Industry resp. product knowledge
  • Industry contacts
  • Previous started & built successful companies
  • Previously backed by Investors/VCs (Venture Capital)
  • Ideally produced successful ROI (Return of investment) for those Investors/VCs

Apart from the Chief Executive Officer (CEO), typical positions a Startup needs to fill are:

  • Chief Operating Officer (COO)
  • Chief Financial Officer (CFO) – or initially a Controller
  • Chief Technology Officer (CTO)
  • Chief Information Officer (CIO)
  • Vice President Sales & Marketing, Sales Director
  • Vice President Operations

Depending on the stage of the company, different experts might be needed to grow the company, grow it geographically, or if for example an IPO (Initial public offering) is planned the Management Team (CEO, CFO) should ideally have prior IPO experience. If the current Management does not have this knowledge, YES Partners often helps the company to find those specific Executives a company needs.

YES Partners has helped numerous Start-ups (pre-funding, funded & later stage) Please send your inquiry about our specific Start-up programs to: fran@yespartners.com

YES Partners
Building Your Start-up Team Presentation

Building Your Startup Team

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