Teamwork: How to Build a Successful ‘Spin-Out’ Startup | Business News Daily

If you plan to leave your current employer to start a rival company, you better bring a strong team with you, new research suggests.

The success of a “spin-out” company — a business created by employees who leave one company to form another in the same industry — depends on the founder’s ability to attract a large and experienced team of colleagues, according to a study scheduled for publication in the upcoming edition of the Academy of Management Journal.

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