Week 3:
Team, Operations & Compliance 

Creating an entrepreneurial team with complementary skills and a shared vision is key, supported by effective management, leadership, and operational planning. Mastering financial management basics, including budgets, forecasts, and accounting principles, ensures the business remains financially healthy and capable of informed decision-making.
Format

Online
Course

Starting date

Sept 28

Facilitator 

Alfred
Burgesson

Sponsored by

About the course

In this course, you'll learn to assess founder and team competencies to build a complementary team and foster collaboration. We'll cover effective management, leadership, communication, and company culture to drive success. You'll also explore operational planning and financial management, focusing on efficient processes, resource management, and budgeting for sustainable business development.

Entrepreneurial Fit of Team

Assessing founder and team competencies is crucial for ensuring the entrepreneurial fit of a team, as it helps identify strengths and areas for growth. Building a complementary team with diverse skills enhances the startup's ability to innovate and succeed, while understanding team dynamics fosters collaboration and effective decision-making. Together, these elements create a strong foundation for business growth and resilience.

Management and Leadership Principles

Management and leadership principles are essential for startups, where adopting the right leadership styles can greatly influence success. Effective communication and decision-making are key to guiding the team, while building and maintaining a strong company culture fosters a positive work environment and drives long-term growth. Together, these principles help create a cohesive, motivated team that aligns with the startup's vision and goals.

Operational Planning

Operational planning is vital for startups, involving the creation of efficient processes to streamline business activities. Proper resource allocation and management ensure that the team has what it needs to achieve goals, while risk assessment and mitigation help identify potential challenges and develop strategies to address them. Together, these elements ensure smooth operations and reduce the likelihood of disruptions.

Financial Management Basics

Financial management basics involves a solid understanding of financial statements to track the company's health. Budgeting and forecasting techniques help plan for the future, while basic accounting principles ensure accurate financial records. Mastering these areas supports informed decision-making and sustainable business growth.
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Alfred Burgesson

Founder of The Tribe Network

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Born in Ghana and raised in Nova Scotia, Alfred is a thoughtful leader with a passion for social entrepreneurship. His unique talents in convening leaders and launching grassroots movements, coupled with his expertise in utilizing digital tools and technology platforms, make him an invaluable resource for navigating the complexities of building and scaling a startup.

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