Climate change, political unrest, and corporate disruption are today's reality. Those who may have doubted that change was necessary now recognize that evolution is required for survival. The question is now HOW to change. Business transformation for future success requires: Executive commitment to change for future relevance and value to customers Deep understanding of customer's future needs, directions, and challenges Collaboration with eco-system partners or value network to maximize the v...
As the owner of a startup, your time is at a premium. You know that everything takes a lot of time, and when you're rushing from one task to another, some things might fall through the cracks. This is where outsourcing comes in. While you spend quality time building your business, you let others do the support work. We run into many young startups who don't think they are large enough or established enough to outsource. In this article, we'll take a look at why you are big enough to outsource ev...
People working as a freelancer is not a new thing. Contractual workers have been around for a long time. They get paid for their output, not by the hours. They get payment for their work, but there's no benefit. This labor model isn't a modern concept, but it is slowly but surely taking over full-time jobs. This is called gig economy. The emergence of the term gig economy was a response to the burgeoning demand for more freelance workers than regular employees. So while working as a contractor f...
Have you ever asked yourself what it costs to hire an employee who doesn't turn out to be right for your business? The U.S. Department of Labor says it costs you at least 30% of your employee's first-year earnings if they're a bad hire. For many startups, losing five figures because you hired the wrong person may mean the difference between success and failure. Let's take a look at the costs of a bad hire, so you can avoid the devastating consequences to your startup. Initial hiring costs...
Hiring new team members for your startup is a lot like marketing your company, but many businesses don't approach it this way. If you want to hire the absolute best candidates, you want to make sure your job posts are attracting the right job seekers by providing them extra information to help them decide whether or not to submit a resume. This involves using your marketing skills to craft your job postings. Here are a few ways startups can attract better talent by improving their job postings. ...
From the Community
Pinned Items
Recent Activities
-
Helen Lindsey created a new blog post, How to build a successful business teamWhile it's common for startups to wait too long before they start hiring, you won't be able to do everything yourself when it comes to growing the business. You need to start building a team that shares your vision and values, while bringing the right balance of skills and experience to fill key roles in the business. Having the wrong team is one of the top reasons for startup failure, so you need to be selective and strategic about the people you choose to work with. To help you build a winning...Post is under moderationStream item published successfully. Item will now be visible on your stream. -
Helen Lindsey created a new blog post, Social media for business: A marketer's guideIf you're not using the right social media channels, you may be missing out on valuable business opportunities. Some platforms may be a better fit than others for what you want to accomplish and simply increasing your activity on a current platform may not be the best way to achieve your goals. Different objectives and target audiences require different channels and tools. To help you pick the right ones for your business, social media strategist Saige Driver shares here "the basics you should k...Post is under moderationStream item published successfully. Item will now be visible on your stream.
-
Helen Lindsey created a new blog post, How to get your hardware product to market on scheduleWhile the path to success is fraught with difficulties for any technology startup, the failure rate for consumer hardware startups may be as high as 97 per cent. Getting products to market on time is one of the biggest challenges they face, with manufacturing setbacks among the top reasons for failure. For the best chance of success you need to find, and build a strong relationship with, the right manufacturer. And this gets complicated when you take production to China. Here, Felix Von Heland s...Post is under moderationStream item published successfully. Item will now be visible on your stream.
-
Helen Lindsey created a new blog post, Why founders need to learn these three things to scale their businessBeing a founder often means having to perform almost every role in the business while you have limited resources for hiring. As the company starts to grow however, you'll have neither the time nor the expertise to cover every functional area of the business. And trying to do everything yourself is going to hinder your performance, limit your creativity and distract you from the strategic decision making that will determine the company's future. By cultivating a strong team of leaders to run...Post is under moderationStream item published successfully. Item will now be visible on your stream.
-
Helen Lindsey created a new blog post, 5 steps to transform your idea into a profitable business using crowdfundingRaising the finance you need to get a new business idea off the ground isn't easy. Investors generally aren't interested in your product until they see some traction, yet you can't gain any traction among consumers until you can build the product. This is why so many entrepreneurs are turning to crowdfunding to validate their ideas, build a customer base and raise the funding they need. Mark Campbell has seen entrepreneurs raise anything from $50,000 to more than $1 million this w...Post is under moderationStream item published successfully. Item will now be visible on your stream.
There are no activities here yet
