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Building Your Business Dream Team: Beyond Your Core Staff

Bhushan Ekbote, CEO, TAB Austin · 2 min read

Building Your Business Dream Team: Beyond Your Core Staff
Image source: Teak Sato, Public domain, via Wikimedia Commons (https://commons.wikimedia.org/wiki/File:Team_touching_hands.jpg)

Your employees run the business. Your outside team helps you decide what business to run.

Most owners build the inside team with care. They hire, train, and manage. Far fewer build the outside team deliberately, and it shows. The same people end up carrying every hard call.

Here is how I think about the people around a company.

Layer 1: Your core staff

The people who do the daily work. They need clear roles and a leader who is not drowning. Nothing new here.

Layer 2: Specialists

A bookkeeper or fractional CFO. An attorney. A tax advisor. An insurance broker you trust. A marketing partner. These people hold deep, narrow knowledge, and you hire them for a defined job.

The most common mistake is skipping this layer too long. Owners try to be their own CFO and lawyer well past the point where it makes sense. Paying for expertise at the right moment is cheaper than fixing the damage later.

Specialists also help with something many owners miss. You do not have to do every stage of everything. If you are strong at one part of a job and drained by another, hand off the draining part to someone who does it well.

Layer 3: Peers

Other owners at your level, outside your industry. They do not work for you, sell to you, or compete with you. They have no stake in your decision, which is why their opinion is worth hearing.

Peers are the layer most owners lack. Staff cannot give you honest feedback about your own leadership without risk. Specialists answer the question you ask and stop there. Peers ask the question you did not think to.

This is the layer a peer advisory board gives you. A small, fixed group meets monthly, with a facilitator, and works on your real problems. It is also where specialist introductions happen, because one member's attorney or banker is often exactly who another needs.

Layer 4: Mentors

A few people who have been where you want to go. You will not find these on demand. They come out of relationships built over time, often inside a peer setting.

Building it on purpose

Try this exercise. Draw four rows: staff, specialists, peers, mentors. For each, write the names of the people you can call today. Look at the blanks.

If the specialist row is thin, you have a gap in expertise. If the peer row is empty, you are making the biggest calls alone. That is the one I would fix first, because it makes the other layers work better.

The point

A company is only as good as the judgment at the top, and judgment improves when it is tested. Build the team that tests yours.

TAB Austin's CEO Roundtable is the easiest place to start building the peer layer.

See how a peer advisory board works. Join our next CEO Roundtable in Austin.

See upcoming Roundtables