frank's blog

How To Build Great Teams – Tine Thygesen

Posted in conference, ideas, quality by aldorf on April 6, 2011

Tine Thygesen is the founder of Everplaces, and previously lead for example 23 and Venture Cup Denmark. She is also the co-founder of Founders House in Copenhagen.

Tine Thygesen’s talk at Build 0.5 focused on the three things entrepreneurs must do right in order to build great teams. Tine notes that entrepreneurs tend to have a couple of bad habits that can be mitigated by building great teams effectively. First, especially in building your team you must focus on the long haul. Teams that are committed and dedicated for the long term consist of great people. Great people might not be easy to get, but taking shortcuts here is not a good idea. While you might get average people easily into the team this is a poor long term solution. You need to attract great people from the beginning, because great people want to work with other great people.

A startup CEO is always hiring, and not necessarily for a role, Tine says. If you find absolutely great people, get them in, even if you don’t know exactly what they should be doing. On the flipside, this means that you must also fire people quickly if they are not contributing and not making the team greater than it was without them.

Second, you must make people come to you. While you are always hiring you cannot possibly do this all of your time. The war for talent means that this will continue to be your biggest challenge in growing a company. Tine suggests you must make yourself the talk of the town and the most attractive place to work in. Having great people already there helps, but you can also do more and reach out to the community, throw parties and enable co-working, for example.

Third, once you have the great people you must work hard not to lose them. People join companies but they quit bosses, Tine says, and suggests you must be conscious of this by leading from the front and involving the whole team. By doing the most boring, unappealing tasks, leaders can free their teams to do the exciting stuff that will further feed their enthusiasm for the team, and also gets them to pitch in with the boring things. “If you don’t take the trash out, don’t expect anyone else to take the trash out”, Tine notes. And by making sure that as a team grows transparency and communication get special attention, the team members sitting in the same room do not feel excluded from the leadership and from the decisions. If your team is disintegrating, you can’t do anything, Tine says. In a startup, keeping your team happy is even more important than keeping your customers happy. (via hackfwd.com)

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