Startup founders need management skills to run a startup.

Here are some key skills to have:

– Ability to wear multiple hats at one time since there’s not enough revenue to fill every role.
– Can hire and manage the team members. 
– Ability to set strategy and direction for the team.
– Can develop and execute on short-term and long-term plans.
– Ability to metric the processes of the business and manage accordingly.
– Can resolve conflicts with employees, customers, and investors.
– Understands the tradeoffs in making business decisions.
– Can see the needs of each role and the resources that need to be supplied.
– Have a general knowledge of technology, marketing, finance, legal, and HR for running the business.
– Ability to learn new technology including business automation, collaboration, and data management.
– Ability to communicate effectively with the team, investors, and customers.

Thank you for joining us for the Startup Funding Espresso where we help startups and investors connect for funding.

Let’s go startup something today.

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Thank you for joining your host Hall T. Martin with the Startup Funding Espresso — your daily shot of startup funding and investing.

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Disclaimer:
Hall T Martin is the director of Investor Connect, which is a 501(c)(3) nonprofit dedicated to the education of investors for early-stage funding. All opinions expressed by Hall and podcast guests are solely their own opinions and do not reflect the opinion of Investor Connect. This podcast is for informational purposes only and should not be relied upon for the basis of investment decisions.