I spent 4 years working on luxury superyachts (or megayachts or gigayachts) and every time someone I know is thinking about it I end up having the same conversation with them. I’ve decided to stop doing that and put everything that I’d normally say into this post. This is everything you need to know about working on superyachts, all in one place.
There are a couple of key roles to fill in an IT startup. I’ve recently recalled a great blog on “5 People you commonly find in a startup” by John Sharp in a couple of conversations as I feel that knowing what your strengths are and what sort of team you need around you can be key to business success. The 5 types are:
Visionary – The person who come up with the idea. The type of person that identifies the problem that the team will solve and the high level look at how to do it.
Wizard – This is the operations side of the startup, the person who works the magic and makes the impossible actually happen.
Wiseman – They’re your investor or Advisor. They bring money and experience into the mix.
Willing Slave – One of the most crucial roles is the person who can actually build the product. Outsource this at your peril.
Deal Maker – This is the guy who can sell the idea. They get investors onboard, find customers and sells to clients.
Now that doesn’t mean that every startup has to be 5 people, only that these 5 roles need to be covered. The Wizard can be the Dealmaker, or the Willing Slave or Wiseman the Visionary. Most times there are multiple hats worn by the same person.
I was recently looking at an opportunity with a friend of mine. It is a great idea with huge scope and lots of potential. I turned it down. Right from the beginning there was an obvious overlap in our skill sets. We were both Wizards, which led to big overlap in operations and decision time – something a startup just can’t afford.
Knowing where your skills fit in your startup is an absolute must. In the same breath, finding the right mix of people so that your startup covers all the bases is just as important. Especially if you are looking for funding.
I’m very happy in the knowledge that I’m about 60% Wizard and 40% Closer. Don’t ask me to come up with a world-changing idea, but give me one and I’ll draw you a road map. Where do your skills lie?