Startup Professionals Musings

MAY 24, 2019

For example, it may seem quicker and more effective to hand your service desk employees the store policy manual, and tell them to follow the rules, rather than spend time coaching them on how to really listen to customer feedback, and use their strengths to build customer loyalty. Your people will expect more coaches than bosses.

Management 239

Management Technical Review .Net Employee 239

Startup Professionals Musings

OCTOBER 22, 2021

Hiring virtual assistants for each specific project can be a lot more efficient and cheaper than hiring and managing employees. With a stable base of subscribers, this can mean a continuing revenue stream from newsletters, support, or advice on demand. Generate revenue around the clock. Use the Internet to outsource staff.

Technical Review 312

Technical Review Software Review Internet Revenue 312

Startup Professionals Musings

AUGUST 30, 2020

The most productive people get things done by working in concert with others, not demanding actions and results, but by orchestrating win-win relationships. While highly productive relationships lead to success, dysfunctional relationships make you a poor employee and a bad boss. People issues cannot be solved by avoidance or edict.

Leadership 380

Leadership Demand Management Founder 380

Startup Professionals Musings

FEBRUARY 8, 2021

Even if a board member won’t work for equity, and demands a monthly stipend, the value of their contacts can easily make the difference between a successful rollout, versus an expensive pivot. What you learn will apply to employees. The cost of a co-founder is usually fifty percent of your equity.

Advisory Board 356

Advisory Board Bandwidth Cofounder Technical Review 356

Startup Professionals Musings

FEBRUARY 9, 2022

In other words, how do you recognize the challenges that really need your leadership , versus the less critical demands that seem to always bubble to the top? Top employees are leaving for better opportunities. In my experience, employees usually leave if they are not satisfied with you, rather than a salary level or role definition.

Leadership 301

Leadership Founder Salary Demand 301

YoungUpstarts

OCTOBER 13, 2020

The measures to prevent the spreading of the virus induced a global reduction of the travel demand. The reduction of the business trips of their employees goes in that direction. All employees can decide where to work and where to live. Companies will push employees to opt for virtual meetings instead of business trips.

Technical Review 278

Technical Review United States China Cofounder 278

The Startup Magazine

FEBRUARY 3, 2022

When these operations are efficient, companies can meet customer demand quickly and maintain stable costs. The fastest way to drastically improve efficiency and productivity at your facility is to make sure your employees work with top-notch equipment. Provide Thorough Employee Training. Improve Employee Comfort.

Software Review 139

Software Review Product Technical Review Operations 139

Steve Blank

APRIL 1, 2020

With more work from home happening, all of these services will see increased demand from companies. Nothing is more important than assuring the company can continue to pay its employees. Award equity to employees equal to the value of their reduced salaries. Try to protect the most vulnerable employees.

South Korea 334

South Korea Salary Business Model China 334

YoungUpstarts

AUGUST 18, 2020

By offering great customer experience, you can demand a higher price for your products, which is what startups need to take their business to the next level. Furthermore, you can also connect employees of various departments via CRM software, enabling you to understand your customers better and respond to them sensibly.

Customer 231

Customer Technical Review Software Review Startup 231

YoungUpstarts

MAY 5, 2020

You can, however, make sure you do your part in keeping your employees and yourself safe from the disease. During this time, it’s also important to safeguard the morale of your employees. According to NBC News, companies with fewer than 500 employees may apply for forgivable loans of up to $10 million.

Small Business 227

Small Business SBA Small Business Administration SEO 227

Startup Professionals Musings

JANUARY 5, 2019

Hiring virtual assistants for each specific project can be a lot more efficient and cheaper than hiring and managing employees. With a stable base of subscribers, this can mean a continuing revenue stream from newsletters, support, or advice on demand. Generate revenue around the clock. Use the Internet to outsource staff.

Technical Review 243

Technical Review Software Review Internet Revenue 243

ReadWriteStart

DECEMBER 16, 2020

All of these businesses had to roll back their remote work policies and call employees back on-premises. Lag in information access: Remote employees spend more time and effort locating information pertinent to their tasks. Unhealthy Employee Morale. Happy employees are more productive, satisfied, and loyal to their companies.

Technical Review 200

Technical Review Startup Belgium Software Review 200

Rembrandt Communications

SEPTEMBER 1, 2022

Your phone rings, online purchases flood your inbox, and you hire more people to keep up with the growing demand. But the good news is that you can start selling more and reach your year-end goals cost-effectively… even if you are in a nightmare situation right now due to COVID-19 repercussions, employee turnover, overdue bills, and more.

Sales 246

Sales Social Media Analytics Public Relations 246

Startup Professionals Musings

AUGUST 26, 2019

Business founders who are paranoid of other people, or have an ego that demands total control, are doomed to a life of isolation and frustration. Their lack of trust and sharing will be noted by employees, vendors, and customers, and the business will suffer. Trust is required, so build relationships slowly.

Bandwidth 246

Bandwidth Software Review Salary Angel Investor 246

The Startup Magazine

SEPTEMBER 17, 2023

With the increasing demand for car sharing services, there arose a need to monitor the usage of vehicles. Aside from the environmental advantages, car sharing is a cost-effective option for company employees to use vehicles. It is a strategy that allows employees of a single company to have full access to any vehicle at any time.

Software Review 143

Software Review Software Mobile Technical Review 143

Startup Professionals Musings

AUGUST 7, 2020

Although his focus is naturally on bigger companies, I contend that his recommended strategies apply equally well to entrepreneurs and startups: Demand a mindset of deep thinking for the long term. Cote, former Chairman and CEO of Honeywell. Make process improvement a constant focus. Build and model a high-performance culture.

Technical Review 312

Technical Review Due Diligence Merger Social Media 312

Up and Running

OCTOBER 13, 2022

Think of it as an investment in your company — you’re dedicating resources (compensation) to highly skilled employees who will hopefully bring your business to the next level. Depending on your business, you may need an executive-level role unique to your organization — like chief creative officer or employee well-being executive.

CTO Hire 163

CTO Hire Fractional CTO CTO Hiring 163

The Startup Magazine

DECEMBER 29, 2022

Revenue management solutions are used by businesses to maximize profits by monitoring demand for their products or services and adjusting prices accordingly. However, if the price were raised to $8 per sandwich without changing demand for sandwiches overall, revenue would fall because fewer people would buy them at this higher price point.

Management 144

Management Software Review Revenue Cost 144

Startup Professionals Musings

MAY 24, 2023

The most productive people get things done by working in concert with others, not demanding actions and results, but by orchestrating win-win relationships. While highly productive relationships lead to success, dysfunctional relationships make you a poor employee and a bad boss. People issues cannot be solved by avoidance or edict.

Management 291

Management Leadership Demand Founder 291

Startup Professionals Musings

SEPTEMBER 22, 2023

The process must be employee friendly, as well as customer friendly, and have feedback mechanisms to correct poor results. If service employees are not happy, the process isn’t working yet. Leaders have found that keeping everyone on top of changes in technology, competition, and customer demands is critical to success.

Technical Review 249

Technical Review Salary Metrics Matching 249

YoungUpstarts

AUGUST 31, 2020

Busy people need help — especially when they are working for a demanding organization where they need to dedicate their time to high-level decision-making rather than tedious tasks. There are countless VA services out there that offer outsourcing opportunities for almost any type of work and sometimes at a fraction of the cost of an employee.

Artificial Inteligence 214

Artificial Inteligence Mali Management Technical Review 214

Startup Professionals Musings

MARCH 30, 2020

If your product is really new and disruptive, make sure you have supply to meet the demand at rollout, and a patent to prevent others from jumping in quickly. Use the rule of “plan early, quote late, and ship early,” to be a hero rather than a zero. Create a market you can’t supply and support. even with the pitfalls outlined here.

Technical Review 314

Technical Review Advisory Board Due Diligence Silicon Valley 314

The Startup Magazine

APRIL 11, 2024

A growing number of companies are hiring remote employees. Supplying tools and equipment Your employees will need certain equipment and tools to work. There is no legal obligation to supply this equipment to employees. Should you pay for employees’ internet connection? This is something that you need to weigh up.

Hiring 139

Hiring Technical Review Software Review Security 139

The Startup Magazine

OCTOBER 13, 2024

Automation software can precisely handle repeatable tasks, freeing employees to focus on strategic initiatives. An efficient digital workspace also demands integrating collaborative tools that simplify communication and break down barriers to information sharing.

Technical Review 154

Technical Review Software Review Agile Operations 154

ReadWriteStart

APRIL 14, 2023

In 2022, we saw unusual supply constraints — lingering post-coronavirus supply chain issues, a persistently tight labor market , and Russia’s invasion of Ukraine — converge with high demand — partly fueled by heavy government stimulus during the first two years of the pandemic.

Technical Review 148

Technical Review Ukraine Software Review ChatGPT 148

The Startup Magazine

MAY 31, 2022

Any operation that involves an employee, like recruitment, payroll management, or even offboarding, can be included in these HR functions or duties. . Most HR functions are outsourced to an HR consulting agency by SMBs (10–500 employees). Human resource management is a demanding process that entails numerous responsibilities.

United States 140

United States Salary UAE Hiring 140

Startup Professionals Musings

AUGUST 8, 2022

Here is my summary of the ten top creativity mistakes we both still see too often: Criticize any new idea or employee suggestion. Creativity and innovation are fragile business elements, and they can be easily starved, smothered, and trampled by the larger daily operational demands and old ways of doing things.

Stock Options 277

Stock Options Incubator Framework Stock 277

The Startup Magazine

MARCH 14, 2024

After all, it offers flexibility and accessibility to both employers and employees. For employees, however, the idea of working remotely may seem a bit daunting at first. However, with the right tech and employee training, it can be a seamless process.

Operations 133

Operations Software Review Technical Review Cloud 133

Startup Professionals Musings

FEBRUARY 25, 2022

For example, at every Ritz-Carlton , employees are empowered to spend up to $2,000 per guest to overcome any negatives and make a stay more memorable. The initiative has paid big dividends in customer loyalty and advocacy, as well as employee team spirit. Naturally, you then get the lion's share of that increase in demand.

Demand 315

Demand Customer Dividend Curation 315

YoungUpstarts

NOVEMBER 19, 2020

People refers to the management and employees that are currently employed by the business. Committed employees and tenured management teams can act as a value driver as they are directly involved with the direction and growth of your company. Processes refers to operating procedures and employee handbooks.

Exit Strategy 246

Exit Strategy Intellectual Property Valuation Metrics 246

The Startup Magazine

MARCH 26, 2023

The committee will have to analyze the criticality, complexity, and demands of the organization’s processes. Implementing the SOP and training employees After the initial draft is completed, the committee should perform alterations if needed before sending it to a select group of employees for further input.

Operations 139

Operations Software Review Technical Review Employee 139

The Startup Magazine

MARCH 6, 2024

The main reasons are: Ever-evolving Customer Base: From mobile phones to customised gadgets, from televisions to Desktop Computers, the consumer base is getting more diverse and assorted, with different age groups, genders, ethnicities, and races demanding different products and services.

Operations 137

Operations Management Software Review Technical Review 137

View from Seed

MAY 14, 2020

Sure, this work from home thing may not be forever, but I think we are going to see more situations like this arise in the future or see a handful of employees want to work from home following the return to normal. They discuss ways they engage with their remote employees and keep culture and team cohesion alive and well.

Management 218

Management Hiring Wiki Employee 218

Steve Blank

OCTOBER 21, 2020

The relationship ended when Google employees forced the company’s withdraw­­­ from the project. That demands the right combination of tactical urgency and strategic patience, but there’s no question we have to move with alacrity on this right now. Warfighters Need to Be Demanding Customers. What’s wrong with it?

Artificial Inteligence 291

Artificial Inteligence Technology Agile Architecture 291

Up and Running

JUNE 7, 2021

Today, however, we are witnessing a shift toward a more intrinsic motivation for both companies and their employees. The shift toward business models that embrace social responsibility raises questions about how financially sustainable it is to dedicate resources and employee energy to doing good in the world.

Framework 191

Framework United States Employee Vesting 191

ReadWriteStart

AUGUST 30, 2022

The startup’s profitability depends not only on its owners but also on employees who work within the company. A study by CB Insights found that a lack of market demand causes 42% of startup failures. MVP helps ensure that the product is in demand or promptly leaves an unprofitable idea. Objective Assessment of the Team.

Software Review 183

Software Review Technical Review Cofounder United States 183

The Startup Magazine

JUNE 9, 2022

Some of the reasons which have been making the recruitments more challenging are as follows: Fast technological changes and the need to have not just highly competitive talent but employees who are hungry to keep pace with the technological advancements by continuously upskilling themselves. Employee Referral Programs.

Hiring 137

Hiring Japan Bandwidth Technical Review 137