MUFI 14.01.2014. Team and Advisors - Johannes Sevket Goezalan | Business | Investing

The Founder Institute

“Team and Advisors”
January 14, 2014

Johannes Sevket Gözalan
No Animations – No Photos Just Content 

Or: Should we call that “Advisors and Team”?

Team and Advisors 01-14-14 / JS Gözalan / js@gozalan.com

I THE TEAM

2

Team and Advisors 01-14-14 / JS Gözalan / js@gozalan.com

• Decide Key Functions of your Business • Decide which ones have to be „in-house“ • Look to your fellow founders – if alone, write down

your soft and hard skills and match with your
business‘s plan and decide which skills are missing • Which of those missing can be „bridged“ by third

party services until hired (include in financial budget)
I The Team

3

Team and Advisors 01-14-14 / JS Gözalan / js@gozalan.com

• Go out and find core-people, whom you know you can build „The Team“ around • Find „soldiers“ not just „generals“ also as Co-

Founders
• Be open about your leadership skills • Are you truly able to build a Team?

• Are you truly able to „run“ a Team?
• Get third party evaluation on your skills!
I The Team (Cont.)

4

Team and Advisors 01-14-14 / JS Gözalan / js@gozalan.com

• Does scaling your business depend on headcount? • Find somebody who does recruiting for you on a „Start-Up scheme“ (low fees, bonus scheme)

• Make sure „Recruitment“ is a line in your investment
summary • Your investors and your Board of Advisors must assist

you in the beginning
I The Team (Cont.)

5

II

Advisors

6

Team and Advisors 01-14-14 / JS Gözalan / js@gozalan.com

• Think whom you know who could be an asset other than „money“! • What is your aim?

• What could be their motivation?
• Advisors should have different backgrounds, skills, age and mentality
II Advisors

7

Team and Advisors 01-14-14 / JS Gözalan / js@gozalan.com

• Advisors are „friends“ – free consultants and must be mentors of you and your business NOT investors • Have Video Conferencing and once per year face to

face
• Get a share-scheme in place • Hold monthly meetings in the beginning to report on

progress and important subjects – only core team
present and max. one investor
II Advisors (Cont.)

8

Team and Advisors 01-14-14 / JS Gözalan / js@gozalan.com

• If more than 3 Advisors – elect one Chairman of the Advisory Board • If more than 3 Advisors – elect one Chairman

• Advisors are there to „safeguard“ you and your
business
II Advisors (Cont.)

9

Team and Advisors 01-14-14 / JS Gözalan / js@gozalan.com

• Provide you with advice at all levels (incl. how to handle critical situations and your investors) • Help to accelerate your business incl. networking

• „Master of Strategy“
• Advisors should be able to start your „Board of Mentors“ which will spread the word!
II Advisors (Cont.)

10

Team and Advisors 01-14-14 / JS Gözalan / js@gozalan.com

III

Answers not given
ref to your assignment
11

Team and Advisors 01-14-14 / JS Gözalan / js@gozalan.com

• How do you identify? You must have access to potential Advisors (either known by you, or by your investors) – they are not

on display and do not respond to classifieds 
• Life is fast so roles always have to change • Implement constant monitoring of skills „needed“

and skills „at hand“ – at all levels
III Answers not given

12

Team and Advisors 01-14-14 / JS Gözalan / js@gozalan.com

• Pitfalls with Co-Founders? Why is a Co-Founder a Co-Founder in the first place? Make sure your contractual relationship mirrors

your roles and your intentions
People might change over time – so will you…. • Is a Team necessary to launch a company?

• Read: „Kopf schlägt Kapital“ by Günter Faltin
III Answers not given (Cont.)

13

Team and Advisors 01-14-14 / JS Gözalan / js@gozalan.com

THANK YOU
Johannes Sevket Gözalan
Profiles: Xing / LinkedIn Companies: www.playata.com (Investor / Co-Founder & CEO)

www.gamesgroup.eu (Co-Investor / Co-Founder & CEO)
www.glockenbach.com (Co-Investor & Co-Founder)
14

Sign up to vote on this title
UsefulNot useful