Building The Culture of Your Startup

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This is a presentation for a workshop I did with the 2011 Momentum class of organizations in Grand Rapids, Michigan. The topic: Building a company culture from the begining.

Business Health & Medicine

Knowing Your Culture At Start-up: Why It Matters and How to Define It A Workshop . . . . Scott Patchin, The trU Group

Website/Blog: www.thetrugroup.com LinkedIn: Scott Patchin Twitter: @trugroupscott (hashtag for this conversation: #momentummi) Monthly trU Tips publication: Sign up at my website (I have a NO I WILL NOT SPAM YOU promise)

My Background Launched September 2009 (via FastTrac) Mission: To be a guide for others so they realize the excellence they were born to achieve. My elevator speech: I fix organizations that are concerned about having the right people in the right roles to grow their business and/or culture. People (Executive / Individual / Team Coaching) Process (Consulting around Talent Systems / Change)

Today is about . . . . Culture ,[object Object]

Actions - - that will help you define culture.

All to Participate – focus on the four MOMENTUM organizations,[object Object]

3 Most Stressful Life Events Death Divorce Job Loss #? Starting up a company

Defining Your Culture –The Actions Service / Product (How will your Customers feel it?) Communicate / Build Relationships / Celebrate Selecting the Right People

4 Ways starting a business changes YOU You Get Used to Constant Fear You realize that luck has nothing to do with it You get more creative than you ever imagined you could be You get a whole new perspective on others’ businesses Don Rainey – VC in DC

4 CRITICAL things you need from your team Help managing the fear The knowledge/experience to help win Brave problem solvers Someone to celebrate with Scott Patchin – blog post on 11/3/2010 – www.thetrugroup.com

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www.seribangash.com A Memorandum of Association (MOA) is a legal document that outlines the fundamental principles and objectives upon which a company operates. It serves as the company's charter or constitution and defines the scope of its activities. Here's a detailed note on the MOA: Contents of Memorandum of Association: Name Clause: This clause states the name of the company, which should end with words like "Limited" or "Ltd." for a public limited company and "Private Limited" or "Pvt. Ltd." for a private limited company. https://seribangash.com/article-of-association-is-legal-doc-of-company/ Registered Office Clause: It specifies the location where the company's registered office is situated. This office is where all official communications and notices are sent. Objective Clause: This clause delineates the main objectives for which the company is formed. It's important to define these objectives clearly, as the company cannot undertake activities beyond those mentioned in this clause. www.seribangash.com Liability Clause: It outlines the extent of liability of the company's members. In the case of companies limited by shares, the liability of members is limited to the amount unpaid on their shares. For companies limited by guarantee, members' liability is limited to the amount they undertake to contribute if the company is wound up. https://seribangash.com/promotors-is-person-conceived-formation-company/ Capital Clause: This clause specifies the authorized capital of the company, i.e., the maximum amount of share capital the company is authorized to issue. It also mentions the division of this capital into shares and their respective nominal value. Association Clause: It simply states that the subscribers wish to form a company and agree to become members of it, in accordance with the terms of the MOA. Importance of Memorandum of Association: Legal Requirement: The MOA is a legal requirement for the formation of a company. It must be filed with the Registrar of Companies during the incorporation process. Constitutional Document: It serves as the company's constitutional document, defining its scope, powers, and limitations. Protection of Members: It protects the interests of the company's members by clearly defining the objectives and limiting their liability. External Communication: It provides clarity to external parties, such as investors, creditors, and regulatory authorities, regarding the company's objectives and powers. https://seribangash.com/difference-public-and-private-company-law/ Binding Authority: The company and its members are bound by the provisions of the MOA. Any action taken beyond its scope may be considered ultra vires (beyond the powers) of the company and therefore void. Amendment of MOA: While the MOA lays down the company's fundamental principles, it is not entirely immutable. It can be amended, but only under specific circumstances and in compliance with legal procedures. Amendments typically require shareholder

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Building The Culture of Your Startup

1. Knowing Your Culture At Start-up: Why It Matters and How to Define It A Workshop . . . . Scott Patchin, The trU Group

2. Website/Blog: www.thetrugroup.com LinkedIn: Scott Patchin Twitter: @trugroupscott (hashtag for this conversation: #momentummi) Monthly trU Tips publication: Sign up at my website (I have a NO I WILL NOT SPAM YOU promise)

3. My Background Launched September 2009 (via FastTrac) Mission: To be a guide for others so they realize the excellence they were born to achieve. My elevator speech: I fix organizations that are concerned about having the right people in the right roles to grow their business and/or culture. People (Executive / Individual / Team Coaching) Process (Consulting around Talent Systems / Change)

5. What will define your culture?

6. Actions - - that will help you define culture.

8. + STRESS

9. 3 Most Stressful Life Events Death Divorce Job Loss #? Starting up a company

10. Defining Your Culture –The Actions Service / Product (How will your Customers feel it?) Communicate / Build Relationships / Celebrate Selecting the Right People

11. 4 Ways starting a business changes YOU You Get Used to Constant Fear You realize that luck has nothing to do with it You get more creative than you ever imagined you could be You get a whole new perspective on others’ businesses Don Rainey – VC in DC

12. 4 CRITICAL things you need from your team Help managing the fear The knowledge/experience to help win Brave problem solvers Someone to celebrate with Scott Patchin – blog post on 11/3/2010 – www.thetrugroup.com

13. Do The Work by Steven Pressfield

14. Any unanswered questions? Write on card – I commit to answer them on my blog in next 2 days Continue this conversation? Hear my answers? Sign up for blog (QR code / website – www.thetrugroup.com) Write email on question (I will sign you up) Leave me a business card

Building The Culture of Your Startup

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