Working for a startup is challenging. Every team member is required to give their 100%. Startups can’t delay launching their products and entering the market, especially when funding is on the line and stakeholders are watching. This is why a startup founder should give 200% in building a startup team that will ensure the success of the project.

1. How to Build a Technology
Team That Wont Sink Your
Startup
www.nuvento.com

2. 42%Startup fails because of
the ‘lack of market needed for
their product’
23%Startup fails
because the
team wasn’t right

3. Proof of Concept (PoC)
Technology expert
15-25 years of experience in software development
360 degree view of technology landscape
Cost effective with contract-based or hourly commitments
Specialist guidance
Market research specialist
Feasibility study
Guidance on platforms and developers
Minimal risks

4. Prototype
Freelance developer
Freelancer
Less expensive
No long-term commitment
Time-consuming process
Software development agency
Very expensive
Short-term/Long-term commitment
Fast delivery processes
You'll need a mid-level developer to develop a prototype
Hire a developer
Long-term commitment
Moderately expensive
Outcome uncertainty

5. Minimum viable product
Build your own development team
Long-term commitment
Highly expensive
Flexibility, gives more control
Time-consuming hiring processes
Sign a contract with a software development agency
Very expensive
Short-term/Long-term commitment
Fast delivery processes
Ready-to-launch product version with features to attract
early adopters
Subscribe to a dedicated team model
Less expensive
Highly flexible, more control over projects
High accountability
Least commitment
Easy team upgrades without hiring hassles

6. Thank You