One of the challenges startups face is scaling up, or expanding the customer base. This involves some risks, and one of them is adding staff and still managing to make the budget work. You have the huge challenge ahead of knowing exactly when you can afford it and when you have...
HR For Startups: 3 Signs It’s Time To Have A Business Unit
Consider How Fast Your Team Is Growing As the team leader, you need to keep a count of how many you have on your squad (hopefully, you've been doing that). When you see that your team is growing at a considerable rate, you need to consider HR. Human Resources can...
8 Common Leadership Weaknesses That Can Kill Your Business
Being a great leader is more than just about bossing others around and demanding results. The key is to have a balance of sternness, fairness, and collaboration. You don't want to be seen as just another colleague, but you also don't want to become too distant. As a leader, you...
Simple App Ideas Your Tech Startup Can Use to Increase Customer Satisfaction
Did you realize that nearly 50 percent of all startups will fail after the first five years? The key to staying in business is providing customers with value. These days, most consumers use the power of the internet when looking for goods and services. Instead of using old and outdated methods of customer retention,...
9 Ways to Maximize Relationships with your Startup Advisors
The rate of startup failure can be disheartening. Prominent among the factors that lead to failure is the lack of guidance from experienced hands. Startup advisors can help new businesses avoid costly mistakes and make the right decisions in tricky situations. But it is not just enough for founders to...
Why Embracing Failure Is Necessary for Growing A Successful Startup
There's nothing more natural than fear; it's ingrained in our very DNA that we should fear our environments. Anxiety is a part of life because it ushers us to work towards something, and punishes us for lounging about. That's why the fear of failure is so intense for budding entrepreneurs; they...