Question
The company I work for has been around for about 25yrs and does around $100m annually. They asked me to build a team but I want to build it with ownership. I have a plan to develop a service and a product that I think they will like but I want my "team" to actually be a company that we can spin out after certain milestones are met. I'm looking for someone to bounce ideas off of in terms of structure, how equity should be divided, milestones to trigger a spin out etc.
Answer
First of all, Congratulations and all the best for this venture.
Coming to the problem, I am bouncing off a few ideas for you to consider
1. Hiring - Important to ensure you get people with high ownership
2. Project management - Since there are multiple work streams that will happen
3. Ownerships within the team for the various workstream
5. Trust and team work values
