# Lean Startup Template

{% hint style="info" %}
**Important legal note**\
\
**Highly encouraged to consult a lawyer before setting up a shared profit-making enterprise. If your DHO or DAO is intended to be a for-profit enterprise or if it resembles a traditional company then it's likely that it needs to be set up as a legal entity (can create a Wyoming DAO LLC).**\
\
For further information: "Limiting membership to 100 people or fewer, some DAOs are also able to skirt SEC rules, since they fall under a [quaint 82-year-old “investment club” exemption](https://www.sec.gov/reportspubs/investor-publications/investorpubsinvclubhtm.html)—so long as the participants are all involved in managing their DAO and don’t publicly offer their securities/tokens.
{% endhint %}

### Purpose

To create to conditions for a minimum viable startup organization.

### Policies

**HR**

Membership Policy / Joining and Exit Policy 

Working Hours and Location Policy (presence and remote) 

Circle Policy (create and destroy)

**FIN**

Payroll Policy and Salary (bands and claims) 

Vesting Policy (native tokens release) 

Investor Policy (limits, process, voice)

### **Salary Bands**

B1 - entry 

B3 - medium 

B5 - senior

### Badges

Moderator Badge 

Enroller Badge 

Treasurer Badge

### Roles

B5/Executive Officer 

B5/Technology Officer 

B3/Product Dev Lead 

B3/System Administrator

B3/Treasurer

B1/ Communications Specialist

B1/Marketing Associate 

### **Circles**

Board of Directors

Marketing & Sales

Finance & Accounting 

Product Development


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