Benefits and Risk of Homogenous Teams
As a founder having a homogenous team for my startup would have many advantages and disadvantages, which I will get into later. However, finding such homogenous teams are very difficult to do. It takes a great deal of human capital to acquire such a team. Many times, these are individuals who are quite similar to you, who share similar interest and beliefs. There are points to make in favor of homogenous teams and points not in support of homogenous teams. It all comes down to the effectiveness of your team and accomplishing the goal set forward.
Homogenous teams are comfortable. Like previously mentioned, homogenous teams are a team of similar people; with this fact certain things come easier and more fluent. A few components include communication, transparency, and integrity. Having individuals who are similar to you allows you to talk and think on the same page. Context and certain dialects are automatically picked up by the team. For example, if my best friend from my childhood was on my startup team, he or she will be able to relate and sympathize with me easier than someone who did not. My best friend will be able to understand and pick up on my frustrations, motivations and anxieties just on my demeanor or tone. Having the ability to pick up on this quickly allows for decisions to be made fast and timely. Because of my best friend’s understanding it adds a sense of trust to the point of decision making. I will be comfortable with whatever decision that best friend makes because he or she would understand what decision I would make. Now, this is not always true but needless to say, there’s an increased sense of trust and understanding. With such, trust and understanding, not only does decision making benefit but the sense of integrity does as well. This integrity allows for company cohesion and empathy among the team.
Homogenous teams are not all good. Having such a tight bond does have its cons. A few disadvantages include, versatility among business components. Being so similar enable the team to only be one dimensional. Having this inability to be well verse effects the success of the business as it relates to accomplishing goals. Without the proper personal on the team to accomplish the goal and run the business, it will require us to outsource for help. This outsourcing can be very costly and timely. Another disadvantage to homogenous teams is the multiplying of problem. When individuals are like one another, they may sweep problems under the rug and not address them. This may be because something may be important to us or do not interest us. However, any problem ignored will surly grow into something larger in the future. By ignoring these problems, it could cause lasting negative effects on the team that will be detrimental to success.
So, how does a founder build his or her team? I believe there need to be a mixer of individual who are like you and not like you. This dynamic allows for good communication, transparency, and integrity. However, at the same time, this allows the team to address much need problems that arise and enables the team to accomplish more inside the business without outsourcing.