G
GuestUser143
Guest
Hello y'all
I've been pondering with a real important question to me. But first a little background so that the question makes sense.
My goal is to create a company which would leverage my n°1 strength: invention by allowing me to focus most of time on inventing. This is where my value resides.
So what I need to do to achieve this goal is to create a team structure around me that would complement me in the execution area (something I'm terrible at, executing and getting into the details isn't my thing at all).
The way I envision it is to create a structure similar to the one Richard Branson created around himself (he's very similar to me, his value is inventing things), meaning creating a holding company that would then create daughter companies which will implement and execute my ideas (with the holding company still retaining most of the shares).
Now onto the question itself: I got 2 ways to create such a structure... Top-Down, or Bottom-Up.
Which way to go would you think is the most viable? I'm more tempted by the top-down approach.
I've been pondering with a real important question to me. But first a little background so that the question makes sense.
My goal is to create a company which would leverage my n°1 strength: invention by allowing me to focus most of time on inventing. This is where my value resides.
So what I need to do to achieve this goal is to create a team structure around me that would complement me in the execution area (something I'm terrible at, executing and getting into the details isn't my thing at all).
The way I envision it is to create a structure similar to the one Richard Branson created around himself (he's very similar to me, his value is inventing things), meaning creating a holding company that would then create daughter companies which will implement and execute my ideas (with the holding company still retaining most of the shares).
Now onto the question itself: I got 2 ways to create such a structure... Top-Down, or Bottom-Up.
- Top-Down: I first create the holding company (not as an entity yet, but as an organization of people, a team) and gather an execution team around me so that we can start our first daughter company and "headhunt" the right people to manage this project.
- Bottom-Up: I first execute a daughter company, then after validating the daughter company and starting to get revenues from it, I set up the holding company as an umbrella to it (this is the way I *think* Richard Branson did it)
Which way to go would you think is the most viable? I'm more tempted by the top-down approach.
Dislike ads? Remove them and support the forum:
Subscribe to Fastlane Insiders.