Building a Team

By astropreneurs. Filed in Getting Started  |  
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If you think you are ready to start and grow a business by yourself, prepare to fail. Ideas are cheap. Finding the right people to execute ideas is critical in business. Even with the most revolutionary business idea or technology, investors place their bet on the team. You will need to have a diverse team with both business and technology experience. Your business team must include people with sales and marketing as well as financial experience. 

As with many things in life, the people around are critical to your success and happiness.  The space industry is a relatively small and close-knit group of people who share the same visions for the future. It is important to value relationships with others in the industry and to network. People are a valuable resource!  Here are a few pieces of advice to keep in mind:

  •       Make an effort to connect with people-go to conferences and networking events within and       outside of your area of expertise
  •       Don’t be afraid to ask for help
  •       Don’t be afraid to say “no”
  •       Be friendly with your competitors
  •       Know the difference between friends you can trust and friends you can work with
  •       Reciprocate–avoid one-way collaborators and avoid being a one-way collaborator
  •       Potential customers may lie in unexpected places

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