Tag: Strategy

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10 Factors to Consider Before Scaling Your Business Towards Growth

While the global corporate community world aims for rapid growth, scaling your business towards growth does not come easy. In fact, not everyone is suitable for growth. This is the main paradox the startup community faces when it comes to venture-backed businesses. For instance, angel investors expect a profitable exit within 5 years of the founding round, preferably sooner. Different VC studies report anywhere from 4 years to 6.3 years on average. This requires a business growth plan that scales really, really fast, even at the expense of generating loss over the first couple of years. Loss is accumulated due… Continue Reading
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How to Get Better at Asynchronous Communication

Allocating your time and creative juices on just whatever and whenever you feel like it can be great. However, in most business dynamics, you can’t really escape the reality of having to sync over client meetings - as well as handle communications following requirements in different formats (such as video drips, email threads, screencasts).  In the early days of my career, I worked multiple jobs at a time with more or less flexible hours. My second real full-time job was a promising venture at first - until I remained the only project lead on-site at the office. I worked as… Continue Reading
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How to Stop Procrastinating: 15 Effective Leadership Strategies

The prevalence of procrastination is horrid—affecting almost single individual worldwide. A sample survey led by Micro Biz Mag discloses that more than 84% of the population is prone to procrastinating on a regular basis - with 20.5% of the respondents postponing activities on a daily basis and 22.1% doing it "often". When it comes to leadership, efficiency and consistency are integral to success. https://www.instagram.com/p/CSHJ5BFlGqa/?utm_medium=copy_link Fighting procrastination is one of the key goals while undergoing different training courses in relation to motivation, building discipline, productivity, or time management. Let's dive deeper into the problem and uncover the possible steps to getting… Continue Reading
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How to Build a Marketing Team In a Startup?

Let’s start with several questions first: How large is the organization to date – 5 people, 50, 500, 5000?Is it a bootstrapped startup, an SMB, or an established organization?Do you sell locally, on traditional media (newspapers and radio), or internationally?Do you aim for B2B or B2C clients?Are paid ads a better starting point or you’d rather shoot for inbound marketing?Do you sell products or services? Physical or digital?How long does a traditional sales cycle take? [Tweet "It is important to try to work solo and figure out marketing by yourself first or try to hire an assistant until you reach… Continue Reading
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Critical Thinking Strategies for Business Leaders

Critical thinking is a powerful skill that's applicable in both daily life and running a business. However, managers and executives are in charge of large budgets and diverse teams. Irresponsible business decisions and ignoring risk management can harm a group of people and their families, in addition to other areas of business (partners and vendors). What Is Critical Thinking? Thinking critically defines the process of analyzing problems from scratch, relying on a combination of your background, the context of your organization, the distribution of your team, available resources, the global market, and any data you can tap into to reach… Continue Reading
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How to Create a Business Plan (for Startups)

Young entrepreneurs often forget an important step before launching a startup: creating their business plan. Implementing a website itself is trivial—everyone can spin off a Wix or Weebly website in a matter of minutes and publish it live, even with a rough business plan drafted quickly upfront. The question is: What do you have to offer and is there a market demand? Top 20 Business Reasons Why Startups Fail https://youtu.be/sevrBcSDrh4 Business planning may solve this CB Insights came up with a list of the 20 main reasons why startups fail: Top 20 reasons why startups fail. Let’s focus on the… Continue Reading