Summary:

Building teams and managing people is a necessity for any startup. Entrepreneurs must learn how to manage diverse talent as the startup grows. Teams take many different forms, and the composition will vary in terms of skillsets, experience levels, professional credentials, and labor classification. Teams might include founders, advisors, employees, independent contractors, outsourced service providers, and professional service providers such as lawyers and accountants. It is up to the founder team to determine the best mix of talent to leverage as the company grows.