Starting the startup team Nothing is more exciting than a startup business. The enthusiasm is high, and people are excited about the new venture and the prospects that await. Depending on the situation, there may be funding that the startup has received from investors, or the startup could be growing and powering itself organically. Either way, the startup faces many different questions in the beginning, which will have a tremendous impact on its growth potential and performance down the road. One of the most critical questions that faces a startup or any business for that matteris the question of who should be on the team. Human Capital is the greatest asset that any company can have, and it is an especially critical decision in a startup environment when you have limited resources and those resources will be responsible for building the company from ground up.

Have you ever heard of starting a new business? Share your ideas and type of business you thought of starting sometime in future. If you are already into a startup business, what are the challenges faced by an owner in business? How do you resolve those difficulties? State your answer with appropriate and justifiable reason.