“Location, Location, Location ” has been the center of focus around establishing business. However in today’s day and age of technology, which brings together and connects the world as a global village, solely focusing on location has become overrated. Remote work for startups offers the opportunity for it beyond geographical constraints. As John Le Carre once said, “A desk is a dangerous place from which to view the world.”
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Remote Teams: Building Agile Startup Success
Over the years I have learned that any startup, especially tech based startups should be focusing on building an MVP (Minimum Viable Product) using the Build-Measure-Learn feedback loop which focuses on the “learn fast, fail fast” concept. And unrealistically high investments startups aren’t really a thing anymore. So let’s be real in this economy, low investments startup ideas such as the $100 seem a little unrealistic as well. But what if I tell you that the operating expenses can be drastically reduced if we are willing to approach the idea of remote work for startups.
Cost effectiveness: How remote work save startups money
One of the major concerns while starting a startup is about the finances and as I mentioned earlier we can reduce the expenses if we stop limiting ourselves to a certain location. Remote work for startups provides that flexibility, it enables hiring individuals despite the location constraints providing and reduces the overall operating expenses. It provides the liberty to convert literally any place with an internet connectivity into an office be it your home, a cafe, a library you name it and we can.
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Global talent pool: Building remote teams for startup growth
When it comes to hunting for a team of talented individuals, the sky is the limit as it expands the horizon of our reach. The head of sales can be from Norway, the marketing head from Kathmandu, the backend developer from Pokhara, the frontend developer from Seoul you name it and you will have unlimited options. With a diverse team comes diverse ideas and knowledge which will in turn benefit the company. Remote work for startup provides versatility and brings endless opportunities.
Global market reach: Remote work for market reach
The benefits of globalization is something every single person has experienced, be it the argan oil from Morocco, chocolates from Switzerland, silk from China, the industrial effect is no doubt huge. Same goes to technological advancements. The global connectivity enables us to deploy our products across continents. And with borderless hiring it brings forward cultural references and understanding to adapt the market accordingly and enables scalability of a business efficiently.
Work-life balance: The role of remote work flexibility in startup success
A company’s growth is directly proportional to its employees productivity which is ensured when there is work life balance. Traditional jobs often forces one to move cities if not countries in search of better job opportunities. And living away from your family can not only take a toll emotionally but it’s financially straining as well. Some employees spend hours on commute and hours on the job, leaving with little to no time for themselves which sooner or later burns out the person which undoubtedly affects the employees productivity. The comfort of their home and the flexibility in being able to be the roaming employee, signifies that the productivity isn’t bound to borders, but to passion and purpose.
Bringing it all together: Tools and strategies for remote startups
Bringing it under the same roof without being under the same roof might sound trickier than it actually is. Using collaborative software tools like notion, slack, trello, git-hub, teams enable seamless integration, communication, tracking and smooth workflow. Remote work has redefined the meaning of a team as it goes beyond the physical attributes but much rather focuses on digital connectivity.
In the end startups are about bringing new ideas to life with limited resources and utilizing what one has to its full capacity. So founders shouldn’t be focusing on location but rather be a part of the rising roaming entrepreneurs. It’s not about the place but it’s about the people.
