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Knowledge Of Entrepreneurial Team Composition

2010/11/8 14:15:00 44

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Financial Products Of Entrepreneurial Team

Who does an entrepreneurial team need to consist of?

CEO

(CEO), CTO (Chief Technology Officer), CFO chief financial officer, COO (Chief Marketing Officer) everyone's work is different at different times. At the beginning of entrepreneurship, more responsibilities and responsibilities are on CTO.

First, CTO should actively train all staff and cadres.

culture

People.

And more than half of the company's responsibilities, such as communication market, development of new products, technology, products, equipment, standards, processes and so on, all links must be related to technology.

Second, at the beginning of the venture, the demand for capital savings is very high.

Cost

Reducing the minimum or even zero is the key. Besides, the R & D department should break the conventional development and promote the market to save money through such a way, so that R & D is not only to a minimum, even because of the contribution made by the R & D department, the additional sales will make the R & D cost will be negative, which is possible in the process of entrepreneurship.

Let senior leaders assist CTO, make use of the advantages of CTO technology, communicate with target customers, conduct targeted surveys, develop targeted products, determine the target customers of products, and save the cost of advertising and business training in the initial operation market.

Therefore, the early requirements for CTO will be very high, but it is also necessary to get the support from other partners. This shows that the division of labor in the early stage of the business can not be too rigid, and the goal of survival is to achieve maximum integration and concession.

Of course, in the overall overall strategy, everyone's work is different, but that is the premise of the company's growth and development. If we want to succeed, we must be able to break through the state of mind and face the difficulties and take the initiative to shoulder the responsibility.

Therefore, CEO, CFO and COO can only stand in the background, CTO stands at the forefront, that is to say, the three of us is the integration of wisdom, which helps CTO to focus on, and can simplify the key technologies of development in this industry. Then, when developing to a certain stage, when the company has a certain scale to refinance, it will be relatively easy to finance because of the control of key technologies. If CFO appears, the company can expand gradually, and the company can develop and create a win-win situation.