How strong is your team?

Published on 24 May 2009 by Justin in General

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As the Managing Director of carrotmedia ltd I’ve been responsible for building a strong team over the last 4 years. There have been ups and downs along the way but I can safely say that the team has never been stronger than it is at present. We might not be the biggest team with only 4 but we have big plans and big ideas.

I’m prepared to put my money where my mouth is to prove this point. Every member of the carrotmedia team will become a director and shareholder in the new ecommerce business. We are a united team and in order to ensure the success of the project we need teamwork and dedication. If I truly belief that the team is as strong as I say, then why wouldn’t I want every member to be a director. To this end we have discussed shareholding and come to a fair agreement as to the division of the company between us all.

There are too many business owners unprepared to give away a slice of their company because they think they will lose control. My view is 4 heads are better than one and I’d rather have 1% of something than 100% of nothing!

I’m approached on a regular basis to take shareholdings or start companies with friends / business associates. However, this is the first proposition where I don’t have overall control of the board or a majority shareholding. To be honest, I couldn’t be more excited about the next year in business and have so much confidence that my co-directors will always have the best interests of the company at heart.

Would you be so confident about your team to make this kind of offer?

5 Responses to “How strong is your team?”

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  4. Malcolm Kyle says:

    Hi JT. It’s a Univesal truth – help others to acheive their goals and you’ll achieve yours along the way. This is precisely what this whole ‘experiment’ is about. It will be a success because you’ve set it up to be a success from day one.

    I’ll be following the experiment closely.

    Keep on, keeping on

    Malcolm

  5. Justin says:

    Hi Malcolm,
    Thanks for the words of wisdom, we’ll be writing a post on goal setting in a few weeks so keep an eye out for that one. We think it is really important to set clear goals for the direction of the business to ensure everyone is on the same page.

    Thanks Justin

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