#12: Keeping Your Startup Team Motivated by The #Get2A Podcast by Dreamit Ventures published on 2016-10-05T18:36:44Z Being an entrepreneur is extremely difficult. As one VC stated, “… being an entrepreneur is very unsexy. Long hours. Time away from family. Low salary. High risk. High stress. It only looks sexy when you read TechCrunch.” But there are also tremendous upsides. How do you stay motivated and keep your team motivated when building your startup? This panel will give pragmatic and actionable tips & tricks and warn founders about the common traps & missteps that entrepreneurs fall into when starting a company. Panelists: Kofi Kankam, Founder of Admit.me Simon Lorenz, Founder of Klara Anthony Onesto, General Manager of SmartUp Table of Contents: 6:00 The Importance of Creating a Mission Statement 22:00 Keeping Employees Inspired 28:00 Actionable Tips for Motivating Team 31:40 How Transparent Should You Be? 43:00 Feedback to Team Members 51:30 Promotions and Raises Genre Technology