For many startups, their first year is often their most volatile. Developing a value proposition, gaining traction in the market, and trying to figure out what you are even doing is difficult. It can be even more difficult without the right people in your corner.

This is where TechRepublic Premium can help. This concise guide will assist you in creating the right team for your new venture. It also features the advice of Shari Noonan, Co-Founder and CEO of Rialto Markets, and Jim Wolfe, Associate Professor, Management at Costello College of Business at George Mason University.

Featured text from the guide:

Startups are famous for overly casual work environments and substantial benefits. It’s great that a company might offer free beer on tap and encourage video game tournaments on Thursdays. But those things are hard to think through when you are still trying to gain traction and get your feet under yourself.

Benefits are important because they define your company culture, but they are also important because they show your employees that you value the hard work they have put into your company. Startups are risky for everyone involved. Convincing people to drink your particular batch of drinks is one thing, but you also have to acknowledge that they have something to lose.

Noonan offers this idea, “The most important incentive is making them a part of the journey. Compensation and even monetary participation is only one component of it (though an essential component). Involving employees in strategic planning, new projects from the onset, and discussions involving other departments outside their specific area of expertise create an atmosphere of ownership and ‘this is my baby’.”

Boost your startup aspirations with our six-page PDF. This is available for download at just $9. Alternatively, enjoy complimentary access with a Premium annual subscription. Click here to find out more.

TIME SAVED: Creating this content required 12 hours of dedicated writing, editing and research. Benefit from our expertise and improve your startup’s chances of success.