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Align Goals for Success
Aligning team members with the company's strategy is crucial to avoid conflicts and inefficiencies. If the focus is on increasing business valuation rather than immediate profitability, it's essential to hire individuals who support this vision. Incentivizing team members, such as through equity participation in funding rounds, fosters a shared commitment to the company's objectives. This alignment creates a cohesive team working towards the same goals, enhancing the potential for successful business growth and eventual exit.