Building culture through people - Niket Desai,

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Niket Desai, entrepreneur & previously Chief of Staff at Flipkart. This awesome guy previously co-founded Punchd, a mobile loyalty startup, which was acquired by Google and recently was Chief of Staff at Flipkart in Bangalore. Flipkart is the leading online shopping site in the fast growing Indian market, and Amazon's main local competitor. Niket Desai - https://www.linkedin.com/in/niketdesai Video - https://www.youtube.com/watch?v=OTPDgKAVGZg At TheFamily, we believe that anyone can become a great entrepreneur. Find more info here: http://www.thefamily.co/

Petites entreprises & entrepreunariat

@niket
TEAMS & ADVISORSBuilding culture through people | TheFamily Paris, 2016

@niket
STARTUPS ARE HARD
> PG: It’s about being like a cockroach; survival.
> Top reasons startups fail: resources & teams.
> What is a company other than people?

@niket
WHY STARTUP?
2009 Job Market.
EARLY PUNCHD

@niket We put those crummy buy-10-get-1-free cards on your smartphone.
EARLY PUNCHD

@niket
> Operating in 14 countries
> Many users!
> 1,000+ businesses
> 6 people
BUILDING A BUSINESS

@niket
ELITE TEAMSthey don’t just change the world, they define it

@niket
ELITE TEAMS
2012: 50% OF FIRST 20 PEOPLE STILL AT GOOGLE 15 YEARS LATER.
USD $350,000,000,000.00+USD $0

@niket
HR
CULTURE
DEV PROCESS
HIRING
LONGER TERM STRATEGY /
ALIGNMENT
75%

@niket
Product might be easier
than product company.
Hiring and developing elite product (and other functional) talent was
the largest challenge faced.

@niket
What is a company but a group of people, anyway?
“

@niket
COMPANY
COFOUNDERS
TEAM
ADVISORS
MURKY BUT ESSENTIAL

@niket
COMPANY
COFOUNDERS
TEAM
ADVISORS
DEFINING YOUR NEEDS

@niket
○
COMPANY
COFOUNDERS
TEAM
ADVISORS
COFOUNDER(S)
**Protect yourselves with vesting.

@niket
COMPANY
COFOUNDERS
TEAM
ADVISORS
TEAM
APPSZOOM

@niket
COMPANY
COFOUNDERS
TEAM
ADVISORS
Advisors support you & your company to be successful.
● They serve as a non-partisan sounding board.
● Keep you emotionally stable.
● Help you with specific tasks & strategy:
○ recruiting
○ investment
○ domain knowledge / experience (law, accounting)
○ partnerships, deal-making, customer closing
○ introductions
WHAT ARE THEY GOOD FOR?

@niket
General Resources
Peter Thiel's CS183 Notes
Venture Hacks Archives
Quora: Startup-recruiting
Evaluating Objectives & Employees
OKR Template
Quora: OKRs
Finding Talent / Recruiting
AngelList People (Find startup-like people)
LinkedIn (Research people!)
Job Templates on Hacker News
Startup Salaries
More Startup Salaries
Cofounders
PG: Having a cofounder is important.
Seth on Finding Cofounders
Investor / Advisor Relations
Company Update Template
Startup Tools by Niket
Good Books on Culture
Work Rules by Lazlo Bock
Delivering Happiness by Tony Hsieh
The Five Dysfunctions of a Team by Patrick Lencioni
RESOURCES

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