Startup owners may increase their chances for success by seeking _____ over a management team with family and friends.

Question

Quizplus · Accepted Answer

While a good CPA, outstanding law firm, and business consultant team can all be helpful resources for a startup, the most important factor in increasing the chances for success is assembling a management team with a balance of expertise. This means seeking out individuals with different skill sets and backgrounds who can contribute unique perspectives and experiences to the company. While family and friends can be a part of this team, it's important not to rely exclusively on them and to look for individuals who can bring specific knowledge and expertise to the table.

Startup Owners May Increase Their Chances for Success by Seeking