Be picky about your team and investors (12/20)

In order to stand out from the crowd and run a successful ICO, one of the most important things to do is surround yourself with a good team. Having experienced and relevant industry professionals working behind the scenes adds credibility to your ICO and product. 

While a lot of startups make the mistake of not hiring the right people in the first place, the importance of having a team who understands your goals and knows how to leverage your varying skill sets to build and offer a value-added product to your target market cannot be underestimated. 

The importance behind picking the right team should also be heeded when it comes to looking at your investors. Be selective with who your investors are. It’s important to remember that every person investing in your company should genuinely believe in what you do and have values that align with yours. Leverage the community that are investing in you. Interact with and learn as much as you can from them. Remember, it’s important that your ICOs obtain smart as well as connected capital and not just any capital.

Contributor: Gabriele Giancola from qiibee.com

Written by Nathaniel Fried

Co-founder of Fupping. Busy churning out content and building an empire.

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