Tag: hiring

  • Advantages of Hiring Remote International Talent

    The article is contributed by Christopher McNamara, Chief Revenue Officer at Remote.

    From saving costs to gaining a wider talent pool, here are the many advantages of hiring remote international talent

    Hiring remote international talent can be a great way to access a global pool of skilled workers and expand your business. Whether you’re a small business owner in need of some basic IT assistance, or a bigger entrepreneur who needs employees like software developers, the solution is crystal clear: it’s time to go global.

    What Is Remote Talent And Recruitment?

    Internationteleal remote talent refers to employees and contractors who are located outside of the country where the company they work for is based, and who work remotely, either from their own home or from a remote office. International remote workers are typically hired for their skills and expertise and can bring a unique perspective and set of experiences to the company.

    Hiring international remote talent can provide access to a larger pool of skilled workers and can help to diversify a company’s workforce. It can also offer cost savings and the ability to tap into different time zones for round-the-clock coverage.

    Advantages To Hiring International Remote Talent

    Here are some potential advantages to hiring international remote talent:

    1. Access to a wider group of skilled workers: By hiring internationally, you can tap into a larger pool of talent, which can be especially beneficial if there is a shortage of qualified candidates in your local area.

    2. Lower labour costs: In some cases, hiring international workers may be less expensive than hiring locally due to differences in cost of living and wage expectations.

    3. Ability to tap into different time zones: By hiring workers in different time zones, you can potentially have someone working on your project around the clock, allowing the team to get so much more work done in a smaller amount of time.

    4. Diversification of the workforce: Hiring international workers can help to diversify your company’s workforce, bringing in new perspectives and ideas.

    5. Increased flexibility: The big advantage is that international remote workers are not tied down to a specific location, which can give your company increased flexibility and better life-work balance for everyone.

    Keep in mind that there are some important things to think of when hiring remote international workers, to make sure that the process runs smoothly and that you avoid any potential costs or legal issues.

    First, it’s important to understand that any company can only hire employees in countries where it has a legal entity established. The alternative is to work with an Employer of Record, who acts as the employer on your behalf internationally. They will be responsible for compliance with the laws and regulations in the country where the worker will be based, as well as any relevant labour laws in your own country, helping you to  avoid any potential legal issues.

    Second, you will need to consider the tax implications of hiring a remote international worker. This may include withholding taxes and other obligations, such as Social Security and Medicare taxes. An employer of record can manage this as well to help avoid any potential penalties or additional costs.

    Third, you will need to consider the logistics of managing a remote international team, including communication and collaboration. This may require investing in technology and other tools to ensure that your team can work effectively together, regardless of their location.


    8 Tips to Stay Productive while Working Remotely
    Due to the drastic spread of novel coronavirus or COVID-19, companies are making several efforts to keep their employees safe and maintain the productivity at the same time. Most of companies have asked their employees to work from home. As majority of the people don’t have experience in working


    Tips On Saving Costs

    There are several ways that you can save costs when you hire international remote talent, including:

    1. Casting your net widely: Searching outside of saturated areas like tech hubs, and hiring from areas with higher talent supply and market value salary costs, can be a cost-effective way to expand your team.

    2. Offering flexible work arrangements: In recent research from Remote, 57% of remote workers ranked flexibility as even more important than their compensation. Global remote workers prioritize the ability to set their own schedule or work from anywhere, and may be open to compromising in other areas like salary.


    Ways To Provide a Perfect Work-Life Balance to employees
    Read to know the approach of Sanchit Malik, Co-Founder & CEO of Pazcare on different ways to offer a perfect work-life balance to employees.


    3. Offering top-tier benefits: Remember that even workers located half a world away will expect a competitive employment package with good local benefits. This can be an opportunity to augment the base salary and attract and retain talent, and can include perks like training and development opportunities and retirement savings plans. An Employer of Record can help in this area too by offering locally relevant and compliant benefits packages.

    4. Leveraging technology: By using tools and technologies that enable remote work, such as virtual collaboration platforms and communication tools, you can reduce the need for travel and other expenses associated with on-site work.

    Conclusion

    Overall, hiring remote international talent can be a great way to access a global pool of skilled workers and expand your business. The key to saving costs when hiring remote talent is to be open to new ideas and also be willing to compete for the best talent.

    However, it’s important to understand the relevant laws, tax implications, and logistics of managing a remote team to ensure that the process goes smoothly and that you avoid any potential costs or legal issues.

  • What will the hiring of people look like in the future?

    Hiring twenty years ago was not the same as it is today. In fact, the way we used to hire five years ago is not the same as the way we think about it now. Times have changed, and many factors are involved in this conjunction. Even the emergence of a pandemic has turned almost everything upside down. One of the most relevant changes is undoubtedly technological.

    It is simply impossible to carry out a selection process without relying on new technologies. Recruiters have more and more tools at our disposal to do our job more effectively. But, as if this were not enough, the information we want to obtain from our candidates is also much greater.

    Recruitment has undergone major changes recently, so do you want to know what the main trends and keys will be in the coming years?

    1. Integrate the future employee into the company right from the selection process

    That’s getting off to a good start. To integrate the future employee into the company from minute zero, you have to start the selection process itself. From the moment they register for the offer, they should feel considered. You can do this through the text you compose and by using the various means at your disposal (videos, social networks…), conveying what the experience of working here is like and proposing a careful and respectful selection process. Feeling respected and taken into account is essential to start feeling part of a project.

    In addition, it is advisable that as the process progresses, you let the candidate know what the phases are and guide him/her through the process. The objective must be, at all times, that the candidate is captivated by our company and continues to have a good consideration of it even if they are not finally selected. There will be new opportunities, for sure, so if recruiters like the candidate, we will always have the opportunity to contact them again.

    2. Observe (and update) people’s skills and aptitudes with a magnifying glass

    Skills that were important five years ago are not so important now. The changes in our society and the script twists and turns (the pandemic is one of them, of course) mean that companies must also change. Thus, if the management of digital tools could have been placed some time ago in a fifth position, today, it is probably in a first or second position. Not surprisingly, most companies have already embarked on a good part of the road to digitization.

    These skills, along with empathy, the ability to work in a team, to be creative in problem-solving or results-orientation, will continue to be key in 2022. However, as we don’t know what the future holds, the need for people who excel in one skill or another will change over time. Our job as recruiters? To be aware of these trends and always keep in mind the priorities and gaps within the organization. This may require skills maps that are updated in real-time.

    3. Automate a large part of the tasks involved in this process

    It is true that by now, we have already updated a good number of tasks and procedures. It is part of this digitization process. However, both for the daily management of Human Resources and for the selection processes themselves, automation will be taken to another level.

    In this way, recruiters can dedicate much more time to the other phases that require a more personal analysis, such as interviews (face-to-face or remote) and the subsequent stages, which require us to think more carefully about the profiles selected.

    4. Attract candidates through interesting job offers

    We have already talked many times about the importance of creating good job offers. This is a task that we tend to do on the spur of the moment, which means that we don’t spend as much time and effort on it as we really should. The job offer is our first meeting with the candidate, and you know how important first impressions are. Our recommendation, in this sense, is that you prepare a complete and detailed offer in which the characteristics of the position are well specified, as well as the skills and knowledge required. It is also important to give a good description of what the company is like and to offer, if possible, the vision of the people who work with us. Who better than them to tell you what it is like to work in your house? If you are doing it right, their role will be fundamental in attracting the best talent.

    However, don’t forget to apply perfect copywriting. I’d like to say that you don’t need to be an ideal essay writer, but… well, it’s better to be one. Take care of the text in detail to make a good impression on the candidates. It will be one of the first signals you will give them about your interest in a job well done and your respect for the people who are part of the team.

    5. Turn employees into ambassadors of the company

    To achieve this, you need a good employer branding strategy, so this can be one of the New Year’s resolutions you make with your HR team. If the people who work with us are enjoying a good experience in their job, they will speak well of the company. They will surely be able to bring to our selection processes people they already know, who have similar criteria and value scales, and, of course, who have the training, experience, and skills necessary to fit our vacancies.

  • How to hire the Right Web Developer For Your Company? | 20 Must-Ask Questions While Hiring

    When you’re starting a business, one of the most important decisions you need to make is which type of company structure you’ll have and who will fill each role. To help your business succeed, you need employees that are dedicated and willing to do whatever it takes to see the company succeed. In the case of your business being heavily reliant on technology, it might be worth hiring a web developer.

    They are responsible for designing and maintaining websites, as well as helping businesses develop their own websites if they don’t have one already. The Internet has made everything incredibly convenient; from ordering take-out to booking flights and hotels. The e-commerce market is projected to grow at an incredible rate over the next few years because more people are buying goods online rather than in stores.

    If you want your business to stay ahead of the curve, working with a web developer might be something worth looking into. As such, there are several things that you should ask potential candidates before signing any contracts. Doing so will help you pick the right developer and avoid any future problems or misunderstandings.

    The following 20 questions will get you started on choosing the right candidate for your project. So, Let’s get started.

    Experience
    Total Works
    Duration
    Similar Works Before
    Package Details
    Platform Used
    Portfolio
    CMS or Coding
    Mode of Work
    Time Required
    Error Rectification
    Compatibility
    Search Engine Optimisation
    Updates
    Site Security
    Ownership
    Preview
    Images
    Followup Post-Launch
    Right Fit

    Experience

    How long have you been developing websites? You can ask the web developer how long they’ve been developing websites by asking them if they have any previous experience, or if they’ve done any freelance work.

    You can also ask them how many websites they’ve built or where they learned to develop websites.

    Total Works

    How many websites have you personally worked on? The best way to find out how long a web developer has been in business is to ask them how many websites they’ve worked on. If they’re a newbie, there’s no way to know for sure. But if they’ve been around for a while and have built up some experience, this question will give you an idea of their level of expertise.

    Duration

    How long will it take to build the website or web application I need? To answer this question, you need to know what you’re looking for. Do you want a simple website? Or do you want something more complex that requires more time and attention? If it’s the latter, then you’ll likely want to hire a professional web developer.

    There are a few things that can help speed up the process:

    • Have an idea of what you want from your website or web application before contacting a developer so that they can get started on it sooner.
    • Have an idea of how much work needs to be done before hiring a developer so that there isn’t any ambiguity about what needs to be done and when it needs to be done (this makes sure everyone feels like they’re contributing).
    • Make sure that any images or files needed for your project are already available on your computer before contacting someone else so that they don’t have to spend unnecessary time downloading them again.

    OYO Success Story | Founder | Business Model | Funding
    The growth of OYO is incredible and the story of its founder is truly inspiring. Know about OYO startup story, business model, revenue, & more.


    Similar Works Before

    Have you done work similar to what I am looking for, and can I see examples of your work in that area? This question is designed to help you gauge an idea about the candidate’s work. If the answer is “yes,” then it’s likely that the developer has worked with similar clients in the past, which means they’ll know how to handle your project. If you’re not sure, ask them!

    Package Details

    How much will this cost, and what do your services include? There are two kinds of questions you can ask a web developer to help you pick the right one. The first is, “How much will this cost?” and the second is, “What services do you provide?” If you’re not sure how much your project will cost, it’s a good idea to get a quote from the web development company before you start on the work. That way, you’ll know what to expect from day one.

    Platform Used

    What platform do you prefer to build on (WordPress, Drupal, etc.) and why? This question is one of the most important questions to ask when choosing a web developer. It can be difficult to choose between these platforms because they are all so similar in their functionality. However, there are some differences that could make one platform better than another for your business or project. For example, if you’re looking for a website builder that allows you to easily add your own customizations or content later on down the line, WordPress might be right for you. If you want a website builder with more powerful customization tools available at all times, Drupal might be more suited for your needs.

    If you’re not sure which platform would work best for your project, talk with an experienced web developer about what he or she likes about each platform and how it will help with his or her job responsibilities. This should give you a good idea of whether one platform will be more beneficial than another!

    Portfolio

    Do you have a portfolio I can look at? This is the most important question to ask because it’s the one that will help you decide whether or not to move forward with a developer. You should only hire someone if their portfolio is complete, professional, and speaks for itself.

    There are two ways to go about finding a web developer’s portfolio: online and offline. Online portfolios are usually more complete than offline portfolios because they can be updated and revised as needed, but offline portfolios can often be more thorough and detailed than online ones. They’re also easier to find since there isn’t an app for every job in existence (although it’s worth noting that some very niche apps exist).

    CMS or Coding

    Do you use a CMS or Coding? Why? This question is one of the most important ones to ask when hiring a web developer. This question will help you understand whether the job candidate uses CMS (Content Management System) or Coding to develop his task or project. Also, don’t forget to ask why he uses that particular method.

    Mode of Work

    Will you create a new design or are you going to modify an existing template? You should ask this question because it will help you narrow down the field of potential candidates. If a developer is going to create a new design from scratch, they may not have the skills necessary to modify an existing template. This would be a waste of time and money for your company, so it’s important that you find out whether or not they can handle this before you hire them.

    If a developer does have the skills necessary to modify an existing template, then they have the potential to save both time and money by offering their services at a lower price than someone who needs to start from scratch.


    Kitkat Marketing Strategy | Advertising Strategy & Pricing
    KitKat is known for its unique and creative marketing strategies. Read to know the marketing strategy & advertising strategy of Kitkat.


    Time Required

    How long does it take for you to build a website? This is a great question to ask because it helps you get a sense of how dedicated the developer is to their craft. How long will it take them to do the work they’ve agreed to? Will they be able to meet your deadlines?

    The answer will depend on a number of factors, including the complexity of your project and how much time you need them to dedicate. But generally speaking, if you’re looking for a web developer who can create something quickly and effectively, you’re probably looking at upwards of four weeks.

    Error Rectification

    How much time will it take to resolve issues and rectify errors after completion of the website or application? What is the estimated timeline for this process? One of the most important questions to ask a developer is how long it will take to resolve issues and rectify errors after completion of the website or application. The sooner you can get your problem resolved, the better.

    The best way to find out how long this process will take is by asking for some samples of past work. If you’re not sure what you’re looking for, ask about their experience in similar situations. A developer who has never worked on a project with similar problems may not have any idea how long it should take.

    Another important factor is the estimated timeline for this process. Even if the developer provides an estimate that seems reasonable, it’s always best to get a second opinion from another expert before committing to any project.

    Compatibility

    Will my website be compatible with all major browsers and mobile devices? Your website is one of your most important assets, and you need to make sure that it looks sharp and performs well in all major web browsers and mobile devices. One way to do this is by asking if your developer can guarantee that the site will be compatible with the latest versions of all major browsers, including Chrome, Firefox, Safari, Edge, and Opera.

    This will help you find a developer who can help you with future-proofing your site by keeping it up to date with the latest features. It’s also important to ask if they can provide support for any new versions of these browsers—as well as older ones—that might come out in the future.

    Search Engine Optimisation

    Can you build me a website that is search engine optimized (SEO)? By asking this question, you will be able to find out if the developer has any experience in Search Engine Optimisation (SEO) because if they do then they will know exactly what needs to be done in order for the website to rank well on Google and other search engines like Bing and Yahoo!

    You should also ask this question if you are planning on hiring an SEO expert because it will help you narrow down your choices when looking for someone who can help you with your project. You should also ask this question if you are planning on hiring a new web developer because it will give them some idea as to what kind of work they should expect from themselves while working on your project so that they can ensure that everything goes smoothly during their time working with you.

    Updates

    How often will I receive updates on the progress of my website’s development or design? The best web developers will be able to answer this question within minutes. They know how much time it takes to build a site, and they can tell you right away whether or not they’re on track with your requirements. If you want to make sure that any online business will receive regular updates, then you need to work with a skilled web developer.

    Site Security

    How does your company manage the security of your site? This is a question that can be difficult to answer, but it’s important for you to know. If the company is not taking any steps to protect its users from hacking, then it could be putting your business at risk. It’s good practice to ask this question before hiring anyone because it will help you determine if the person has any previous experience in security or not.

    It’s also important that you ask this question because it will help you understand how they plan on protecting your data and what kind of resources they need in order to do so.


    7 Ways to Recover From Burnout While Working in a Job
    People face burnout that stems from various work-related issues. The individuals need to adapt strategies that would help them get through burnout.


    Ownership

    Who owns the website once it is completed? When you’re looking to hire a web developer, you may be wondering who will own the website once it’s completed. The answer is: that it depends on the type of website you’re building and how important ownership is to you.

    For example, if you’re planning on selling your company or getting into real estate development, then ownership of your website is going to be pretty important—but if you’re just renting out a couple of rooms in your home, it might not matter as much. In that case, there are other factors to consider when deciding who owns the site (like whether or not there will be an ongoing relationship between your company and the developer).

    The bottom line is that it all depends on what kind of project your web developer has on their plate. If they’ve been working with companies like yours for a while now and have built up relationships with them over time (especially if they’ve helped them grow in some way), then they should have no problem giving up ownership of their work when the time comes.

    Preview

    Do I get to preview the site before it goes live? When you’re working with a web developer, you want to know that you’re getting a product that’s going to do what you need and not just a bunch of features that will make your site look pretty but are never going to be useful for you. One way to tell if your web developer has the chops is by asking them this question: “do I get to preview the site before it goes live?”

    The answer should be an unequivocal yes. The more you can see how the site is going to work before it goes live, the more confident you’ll feel in the process. If your web developer says no, or doesn’t answer at all, then it might be time to consider looking elsewhere.

    Images

    What kind of images will you use for my website design? This will help you determine whether your developer takes pride in their work or if they’ll just slap something together without any care.

    If your developer is comfortable with their work, they’ll be able to tell you exactly how many images they’ll need and what kinds of them they want. If not, that’s a red flag! You want a web developer who has a firm grasp on the technical aspects of building a site but also knows how to make it look professional and appealing.

    Followup Post-Launch

    Will there be any follow-up service or support offered by your company after the website launch? When you’re selecting a web developer, it’s important to ask about how long it will take the company to respond to your questions about your new website. Some developers are quick to answer your questions and offer a ton of support after the site goes live, while others may not be as responsive.

    If you want someone who is going to be there for you every step of the way, then look for a company that has an excellent customer service team.

    Right Fit

    How do I know that you are the right fit for me? It’s a good question! The truth is, there’s no easy answer to this. When choosing a web developer, it’s important to consider their experience, their portfolio, and their level of expertise in the kind of work that you need to be done.

    But it’s also important to ask yourself what your own expectations are for your web development team—especially if you’re a business owner or entrepreneur who wants to be able to manage your site while they work on it.


    The Fraud of Abraaj Group | Consequences Faced by the Company
    The Abraaj fraud was said to be on the basis of misuse of certain health funds which were donated by charitable organizations across the USA.


    Conclusion

    At the end of the day, finding the right web designer for your project can be a daunting task. That’s why it’s helpful to have a list of questions that you can use to gauge whether or not you’re working with someone who’s qualified and capable. Take this list with you as you interview potential candidates, and you should be able to find the right person to bring your dream website to life.

    FAQs

    Who are Web developers?

    Web developers are professionals who create, design, maintain, and update websites.

    What is Portfolio?

    A portfolio is a collection of all previous works of a professional. Employers can take a look at the portfolio to determine the skillset and experience level of the candidate.

    What is SEO?

    SEO stands for Search Engine Optimisation. It is the process by which one can rank his/her site or work on the internet and increase its visibility.

    What is CMS?

    CMS stands for Content Management System. CMS is software that enables creators to create, edit, modify and manage and publish digital content.

  • How to Build a Great Startup Team? | Tips to Keep In Mind While Developing a Startup Team

    There is a quote that we often hear “Teamwork makes a dream work.” Any startup’s journey to success begins with a great team. The team will determine whether the startup turns into a business model or a thing of the past. According to statistics, not having the right team is the third-highest factor (accounts for 18%) behind the failure of startups and the startup failure rate itself is 44%. There’s no such thing as a startup having a sole owner. If you come across successful startup stories, you will find that they owe all their success to their team. If you’re thinking of launching your very own startup, make sure you have a great team.

    Common Reasons For Startup Failures

    In this article, we will talk about how to build a great team for your startup. So, without any further ado, let’s get started.

    How to Build a Startup Team?
    What Must Your Team Be Made up Of?
    Factors to Avoid While Building a Team

    How to Build a Startup Team?

    A team that believes in the vision and works tirelessly to achieve it is an answer that gets an A+. Unfortunately, it is slightly more complicated than that. When we break down what makes a great team, the two things that are extremely significant while building the perfect startup team are:

    The Vision

    It starts with your vision. The teams that are self-aware have fared better than the teams with no clear thought process. Dedication and perseverance are great qualities to have, but if they were the only necessary ones, the failure rate of startups would be less. Everyone needs to be in the same boat, row, and in the same direction that will get you ahead. However, every startup needs an edge.

    It is what makes your crew WANT to row in the same direction and a willingness to work with others to make it happen. In order to achieve this, you have to convince each and every person in your team and make them believe in your vision. Your vision must ultimately result in making your customer’s life better. Every team member must individually feel responsible for that. Only then will they give their heart, soul, and maybe even throw in an arm and a leg to see your vision come true.

    The Hiring Process

    What is the process to hire a dream team? There is neither a rule book nor an HR policy in your case. The process is tough and will send you somersaulting for suitable hires. A potential hire is one with a great attitude. If that person is smart and gets things done in time, recruit them. A likeable personality is a bonus. Scout colleges, browse LinkedIn profiles and network with your circle. Sell them your vision. Define startup roles and responsibilities accordingly. Hiring five managers because they are excellent is a hiring disaster. Take only the people you need.

    However, cooperation is slightly more important than talent in the beginning stages. A team with a tight bond is more likely to achieve success than one in a constant state of the cold war. Never settle. If your vision excites them as much as it excites you, hire them! An important thing to remember when interviewing a candidate is to see if they will stay with you at least until the startup is solid. A good way to ensure that is to have a transparent contract, binding them for a stipulated time.

    That being said, recruit as if you were recruiting for a business and not a startup. That way you don’t have to hunt for a new core team when your startup turns into a full-fledged business. Beware of bad hires. A bad hire in a corporation results in a loss of time and money. A bad hire in a startup is a recipe for failure.

    What Must Your Team Be Made up Of?

    After the hassle of recruiting is over, we have a team. Let’s dissect the team. An ideal team is balanced. If there’s a risk-taker, then there must a speed breaker. The startup team structure should be made up of – a brainiac, a hard worker, a financial expert, a crisis solver, and a leader. These traits are not mutually exclusive and are a generalized set of traits that any startup needs. Your team needs at least one person for each trait.

    Team Dynamics

    The core team is the face of the company. Their personalities and interactions will breed the eventual company culture. That is why initial hiring is difficult and important. A core team for a startup is like a family. The company’s losses and gains are personal to them. Your team must at the very base get along. Connect with individual members and make them feel like family. That will result in their 100% effort. Be open with your team right from the hiring process. Be clear about your expectations of them. It is better to have someone not aligned with your goals quit sooner rather than later. Earn their trust.

    Even if things don’t go well, inform them. Don’t get too caught up in work though. Take time out to enjoy yourselves occasionally. It shouldn’t be all work and no play. Also, continuously monitor and evaluate your team to find and remove inefficiencies.

    Role of a Leader

    We are yet to discuss the importance of a leader. There are a lot of unknowns at the start. A leader must be an idea-generator, a crisis averted, a problem solver, and must also constantly boost the morale of co-workers. If that leader is you, then you better start working on these skills. Soft skills are important as well. Develop a good rapport with the team. If at any point in time, the team loses a sense of direction the startup will sink. The leader must keep them on track.

    Most Importantly, the early stages are critical and can make or break the team. Early-stage leaders are in a position to make the most impact as compared to the later stages, where the company already runs on a well-defined set of factors. A CEO at that point has no major impact on the process, only the major decisions. The leader is also responsible for the kind of image the company projects. If the company has an online presence, then the CEO’s personal opinions if expressed become a reflection of the company’s culture and policies.

    Factors to avoid while building a team

    There are some factors that you should avoid while building a proper startup team and they are:

    • Avoid homogeneity at all costs. Like-minded people rather than minds that think alike. Homogeneity kills creativity. There would be no exchange of ideas as everyone will agree on a single idea. Everyone has the same weaknesses and strengths. There is no balance. Don’t sacrifice diversity at the altar of cooperation.
    • Don’t take the pressure of hiring on your head. If it proves to be difficult to obtain recruits, hire a recruiter. It is a good investment in the long run.
    • Don’t prolong firing a bad hire. Cut your losses now rather than incur them later.
    • Do not reject people who have faced failure. They are more likely to take risks, which is what startups need.
    How to make a great LinkedIn Profile for Sourcing Leads

    Conclusion

    Having said that, there are no ‘building teams for dummies’ or ‘advanced team-building theories’ to get you there. The startup journey is a rollercoaster. Many times, you may have to ‘wing it’. The dynamic nature is what makes it a thrilling journey. Seeing your vision turn into reality after putting in months or years of work is highly rewarding. The journey is as important as the destination and the right team makes it an enriching experience. Remember, your company is only as good as its core team for startups.

    FAQs

    What makes a successful startup team?

    Startup experience, product knowledge, and industry skills predict the success of a new venture.

    How do you strengthen your team?

    6 Ways to Strengthen Your Team:

    • Hire with Purpose.
    • Lead by Example.
    • Communicate Effectively.
    • Ask for Feedback.
    • Team Building.
    • Recognize and Appreciate.

    How do you start a startup team with no money?

    Tips to start a startup team with no money:

    • Stay true to the core purpose.
    • Form a kickass team.
    • Expand your social media presence.
    • Collaborate with established brands.
    • Make every customer feel special.
    • Keep an eye on your competitors.
    • Make the most out of the tools.
  • Things to Know Before Hiring a Lead Generation Agency

    A lead generation agency can have a significant impact on the success of your business. By generating leads, they can help you increase sales and revenue. In addition, a lead generation agency can also help you build relationships with potential customers and clients. You can contact these individuals and offer them your products or services by providing them with leads. By doing this, you can establish trust and credibility with potential customers and clients, which can ultimately lead to increased sales and revenue.

    Things to Know Before Hiring a Lead Generation Agency

    Reasons to Hire a Lead Generation Agency

    What are the Best Sources that Generate Leads To Your Agency?
    What are the Best Sources that Generate Leads To Your Agency?

    Things to Know Before Hiring a Lead Generation Agency

    There are a few things you should consider before hiring a lead generation agency. First, think about your budget and what you’re willing to spend on lead generation services. Next, consider what your lead generation goals are – do you want more website visitors, more newsletter signups, or more sales? Once you know what you want to achieve, you can start looking for an agency that specializes in that area. Finally, read reviews and case studies to learn more about the agency’s work and see if they’re a good fit for your business. With these things in mind, you’ll be able to find the right lead generation agency for your needs.

    The following are the points that need to be considered before hiring a lead generation agency:

    Define Your Lead Generation Goals

    Before hiring a lead generation agency, you need to define your lead generation goals first. What are you looking to achieve? Do you want to increase brand awareness, drive more traffic to your website, or generate more leads? Once you know what your goals are, you can start to look for an agency that can help you achieve them.

    Do Your Research

    Once you know what you’re looking for, it’s time to do your market research and find the right agency for you. There are a lot of lead generation agencies out there, so take your time to find one that’s a good fit for your business.

    Set a Budget

    Before you start working with a lead generation agency, you need to set a budget. How much are you willing to spend on lead generation? This will help you narrow down your options and find an agency that fits within your budget.

    Ask for Referrals

    If you know anyone who has worked with a lead generation agency before, you can ask them for referrals. This can be a great way to find an agency that you can trust your business’s marketing with.

    Sales Aladin - Lead Generation Company in India
    Sales Aladin – Lead Generation Company in India

    Check Out Their Portfolio

    When you’re looking at different lead generation agencies, make sure to check out their portfolios. This will give you an idea of the type of work they have done in the past and whether or not they are a good fit for your business.

    Read Online Reviews

    In addition to checking out an agency’s portfolio, make sure to read their online reviews. This can help you better understand the agency’s work through others’ points of view and experiences.


    How to Generate Leads from Your Podcast?
    Podcasts are one of the best ways to reach people. A Podcast is a great means to grow your business. Learn to generate leads from podcasts.


    Ask About Their Process

    When you’re considering working with a lead generation agency, ask about their process. How do they generate leads? What kind of methods do they use? This will help you determine if they are the right fit for your business.

    Inquire About Pricing

    Pricing is an important consideration when you’re hiring a lead generation agency. It is essential to understand their plans and pricing upfront to know what to expect.

    Get a Contract in Writing

    Before you start working with a lead generation agency, get a contract in writing. This will protect both you and the agency, and it will ensure that everyone is on the same page from the start.


    How to Build a Sales Pipeline? (6 Step Guide)
    Are all your marketing efforts lacking to generate leads? Take a look at this 6 step guide to build a sales pipeline and generate leads.


    Reasons to Hire a Lead Generation Agency

    As your business grows, so does the complexity of your sales process. You can no longer rely on a single salesperson to generate all of your leads and close all of your deals. Instead, you need to build a team of specialists who can each play a role in generating and nurturing leads until they’re ready to buy.

    That’s where a lead generation agency comes in. A lead generation agency can help you build an effective lead generation system, from generating initial leads to qualifying and nurturing them until they’re ready to buy.

    Here are a few reasons why you need to hire a lead generation agency:

    • It has the expertise and experience to build an effective lead generation system.
    • It makes use of various categories for the organization of data to make it more relevant to the target market.
    • It knows how to work with special marketing tools and thus, better sales for your business.
    • It can help you measure and optimize your lead generation efforts.
    • It can help improve your business’s online visibility.

    Thus, a growing business demands a need to hire a lead generation agency as they have the expertise and experience to build an effective lead generation system that can help you generate leads on a large scale.

    Conclusion

    Before you hire a lead generation agency, ask them about their process and how they plan to generate leads for your business. Ask for case studies or references from previous clients to get an idea of the quality of leads the agency has generated in the past. And finally, make sure you have a clear understanding of what the agency will and will not do for you.

    FAQs

    What does a lead generation agency do?

    A lead generation agency combines the information of customers and businesses that it can sell to a particular business wishing to buy new leads.

    Is hiring a lead generation agency worth it?

    Yes, hiring a lead generation agency is worth it as the businesses with efficient lead generation practices have a 9.3% higher sales success rate.

    Which are some prominent lead generation companies in India?

    • Sales Aladin
    • TDCX
    • Invensis
    • B2B Associates
    • Flatworld Solutions

    What is the difference between lead generation and digital marketing?

    Lead generation simply means initiating customers’ interest in your products and services. On the other hand, digital marketing focuses on the entire journey of buyers.

  • Top 10 Biggest and Most Expensive Mistakes Entrepreneurs Make in Startups

    The road toward building and growing a startup is not a smooth one. One can always plan and prepare for every move in advance, but there will always be mistakes and hurdles along the way.

    We might think that a person running a big successful business knows absolute perfection of everything. But even the biggest entrepreneurs commit mistakes now and then.

    So, creating mistakes is always the part and parcel of any journey. However, sometimes, certain mistakes can be really expensive in startups and cause serious damage.

    Many popular entrepreneurs agree that they have made mistakes in their startups that proved to be super expensive for them in the future.

    Biggest and The Most Expensive Mistakes Entrepreneurs Make in Startups

    1. Not Hiring a Smart Team in the Early Stage
    2. Being Too Generous with Equity
    3. Getting Comfortable After the Success
    4. Being Cheap
    5. Trying to Force and Haste Things Up
    6. Getting into Partnership
    7. Trying Too Many Things at Once
    8. Stressing Over Bad Outcomes
    9. Having a Rigid Vision
    10. Getting Professional Branding in Early Stage

    Entrepreneurial Lessons From The Most Successful Entrepreneurs

    Biggest and The Most Expensive Mistakes Entrepreneurs Make in Startups

    Mistakes are not something that anyone makes on purpose, it just happens. It can be due to wrong decisions, judgment, or a move at the wrong time. Many entrepreneurs believe that the mistakes they made in their early startup stages turned out to be the biggest mistakes for them.

    Most Common and Biggest Mistakes Entrepreneurs Make in Startups
    The most common and biggest mistakes entrepreneurs make in startups

    Here are some of the most expensive mistakes entrepreneurs make in startups:

    Not Hiring a Smart Team in the Early Stage

    One of the biggest mistakes that entrepreneurs usually make in the early stages of their startups is not paying enough attention to great team building. Not hiring smarter people sooner in a startup hampers growth and progress of it.

    It is not just the goal that is important but the team that makes it happen. Entrepreneurs often get absorbed in their purpose that they forget to keep their eyes open for the smart talent. This simple mistake turns out to be really expensive with the time.

    Being Too Generous with Equity

    Another big mistake that a lot of entrepreneurs commit in a startup is that they sometimes become too generous with their equity. Equity is not something that can be taken for granted, rather it is an asset to be preserved. Many entrepreneurs admit that it was the biggest mistake they made in their early stages.

    So, instead of letting go of the equity in the employee equity pool, it is important to hold on to it for the right opportunities. Sam Parr, the founder of The Hustle, one of the most popular American media companies admitted that being generous with equity was the biggest mistake he made early on.

    Sam Parr - Biggest Mistakes Entrepreneurs Make
    Samm Parr

    Getting Comfortable After the Success

    A quite common mistake and is sure to be the biggest is getting comfortable after getting the success. When entrepreneurs get to savor the new success, they either get motivated or comfortable with it.

    Being comfortable might be good for a while but it turns out to be expensive in the long run. An entrepreneur might be able to generate a year’s money in a month and just get comfortable with it. But slowing down after that will only be an expensive mistake for the future of the startup.

    Being Cheap

    In the early stage of a startup, entrepreneurs tend to think that they can do everything on their own and save up money. Being cheap can be a huge mistake as it ultimately drops the quality of work and wastes the most precious thing that is time.

    So, instead of always saving up money, it is important for entrepreneurs to spend the money wisely to get some real help from skilled developers, designers, and more. Distributing the work within a skilled team ensures great quality of work and better money-making capacity.

    Trying to Force and Haste Things Up

    This is quite a common mistake that everyone tends to make. There is no doubt that the competition in the market is massive and to keep up with it, entrepreneurs sometimes try to force and rush things up. It may work for a while but in a long run it turns true to the statement, “Haste makes Waste”.

    This mistake’s result might not be visible immediately but it can lead to various hurdles along the way in the future. Doing the work quickly and forcefully can turn out to be one of the most expensive mistakes for any entrepreneur in a startup.


    Successful Startup Milestones for Entrepreneurs to consider
    Business goals and milestones keep a track of growth of the startups. Here are some milestones entrepreneurs should consider for their startups.


    Getting into Partnership

    This is another mistake that entrepreneurs tend to make in startups. The road of entrepreneurship can be a lonely ride. So, to have a support system by their side, entrepreneurs bring in a new partner or co-founder without thinking much.

    It is always better to partner with people who are already known and trustworthy. Having someone unknown leads to conflicts, and there is always a lack of trust, which ultimately hampers the success of a startup. Many entrepreneurs believe this to be an expensive mistake made by them in their startups.

    Trying Too Many Things at Once

    Entrepreneurs are known for their multi-tasking skills. But in many cases, they admit that this is a mistake that can be quite expensive for a startup. Entrepreneurs try to cover too many things all at once. This prevents them from fully focusing on one particular goal.

    The most important thing is to always keep the main goal in mind and do things along the way. But when entrepreneurs start giving attention to too many things, they get distracted from the main goal, which makes for a really expensive mistake on their part.

    Stressing Over Bad Outcomes

    Another mistake that proves to be expensive for entrepreneurs in startups is when they stress too much over the bad outcomes. Many entrepreneurs believe this to be one of their biggest mistakes as it demoralizes them and ultimately leads to more negative outcomes.

    Everyone needs to understand, accept and learn from their mistakes rather than stressing over them for too long. Stressing too much creates distraction, and burnout, and can lead to some of the biggest mistakes in a startup. If Elon Musk had stressed the failure of his cyber truck, he would not have been able to stay at the top till now.

    Elon Musk Cyber Truck
    Elon Musk Cyber Truck

    Having a Rigid Vision

    One of the biggest mistakes that entrepreneurs make in startups is being too rigid with the vision. Entrepreneurship is a process of continuous learning. Having a vision is essential, but not being flexible about it along the way, makes for an expensive mistake in any startup.

    Running a startup is about continuous discussions, focus on new market trends, understanding users, taking in the feedback, and more. So, not validating the transitions and being rigid only leads to a dead end.


    Why You Should Embrace Failures in 2022?
    Failures are quite unwanted part of everyone’s life. But, we can accept it for our betterment. Here are reasons why we should embrace failures.


    Getting Professional Branding in Early Stage

    Another biggest and most expensive mistake that some entrepreneurs make is indulging in professional branding even before the startup is ready for it. Creating a mark in the market with branding is important but spending too much on it in the early stage robs the entrepreneurs of the funds that are otherwise essential for the future.

    Getting into professional branding too soon can be a huge risk that might pay off well or just turn out to be a horrible and expensive mistake for an entrepreneur.

    Conclusion

    The journey of a startup is full of highs and lows. There are days full of celebration of success and there are days full of regrets too. No matter how perfect the team and systems are, there is always scope for some mistakes to happen along the way.

    The above-mentioned are some of the biggest and most expensive mistakes that entrepreneurs make in startups. One can always learn from these mistakes and try to avoid them as great entrepreneurs are not the ones who do not make mistakes every now and then but the ones who also learn how to deal with them.

    FAQ

    What are the expensive mistakes entrepreneurs make in the early stage of a startup?

    • Not building a smart team
    • Being too generous with equity
    • Trying to force things up
    • Trying too many things at once
    • Having a rigid vision
    • Getting into a partnership without thinking

    What are some biggest mistakes that startups make?

    • Obsessing over funding
    • Waiting too long to start
    • Losing focus
    • Forgetting the competition

    What mistake should small businesses avoid?

    Small businesses should avoid paying too much for the services.

    Do successful entrepreneurs make mistakes?

    Yes, even successful entrepreneurs make mistakes, sometimes out of too much excitement or simply out of the wrong ability to judge the outcome.

  • Top 7 Companies Which Hire Freelancers

    In the past few years hiring freelancers has given companies the freedom they need. They’re rather easy to find compared to employees and as a recruiter, you can hire individuals with skills specific to your needs at any given time. Companies that have thousands of full-time employees still hire freelancers as part of their daily workforce.

    If we consider the number of startups and businesses that rise every day, not many of them can afford to employ full-time employees. That being said there’s no reason they should compromise with the required skills for getting their company ahead of the competition. Freelancers can be handpicked and hired depending on the kind of work that is being done.

    The massive freelance community often has exactly what a company is looking for. Anything from expertise over a project to handling finances can be done by finding freelancers with the right skills. Industry giants and startups alike are taking advantage of this system of employment. Here we’ll take a look at some popular companies that still hire freelancers to carry out their work.

    1. Walmart
    2. Pepper Content
    3. Meta (Formerly Facebook)
    4. Nintendo
    5. GoPro
    6. Study.com
    7. Expedia

    7 companies that are operated by freelancers

    1. Walmart

    Walmart Logo
    Walmart Logo

    Walmart Inc. is an American multinational retail corporation that operates a chain of hypermarkets, discount department stores, and grocery stores from the United States. Although it’s unknown to most, Walmart is the biggest private employer in the world and has almost 2.3 million employees working under it. The company hires freelancers for typical positions such as analysts, content designers, marketers, and tech support.

    The company that had started with a motto of selling more for less made a profit of $559 billion this year. Having a focus on employment opportunities as well, it’s no doubt that the company appreciates all the extra help it can get.

    2. Pepper Content

    Pepper Content Logo
    Pepper Content Logo

    Using the internet as its hub of operations, Pepper content is a content marketplace where people can order and sell their content. Anything from blog posts to graphics design ideas can be ordered from the website. What seems like a content marketplace on the outside, is also a great place for freelancers to work.

    When you order a piece of content, the request is automatically carried onto selected freelancers who seem most appropriate to handle the task. As a result, the website serves as a platform for freelancers to find new projects and get paid for their work. It’s a great alternative to websites like Fiverr and Upwork since it’s based on a meritocratic system.

    3. Meta (Formerly Facebook)

    Meta Logo
    Meta Logo

    Just as you’d expect from any tech giant, Meta (formerly Facebook) does indeed hire freelancers. The company that owns some of the biggest social platforms in the world such as Instagram and Whatsapp, hires freelancers for all sorts of positions.

    The company is known for hosting tech events and bug bounties among developers but they also hire freelancers for content writing and marketing. That being said, getting into Meta as a freelancer isn’t as easy as it sounds.

    If you’re a freelancer with good skills then working for Meta is something worth considering. The perks are great pay and any benefits that the company has to offer for its freelancers.


    15 Tips to Build a Freelance Portfolio that will Stand Out
    Want to know how you can make your freelancer portfolio stand out among 1000s?. Take a look at these 15 tips to build an outstanding portfolio.


    4. Nintendo

    Nintendo Logo
    Nintendo Logo

    Nintendo is a Japanese multinational consumer electronics and video game company headquartered in Kyoto, Japan. Mostly known for their popular video games such as the Zelda franchise and Pokémon, the company is always hiring freelancers for game design, development, and marketing.

    Besides this, the company usually hires beta testers to test out their games before their release. The perks include free games and discounts along with insurance and healthcare for full-time employees. So if you have the technical skills and like games, working for Nintendo should be great.

    5. GoPro

    GoPro Logo
    GoPro Logo

    GoPro, Inc. is an American technology company founded in 2002 and is known for its action cameras and video editing software. If you’re someone who’s into extreme sports you’ve probably heard about them. They provide freelancers with a chance to contribute to their software, marketing, and hardware technologies.

    The company does not hire freelancers very often but consider yourself golden if you make it past the recruiting. They offer great pay and benefits to freelancers just as regular employees receive which makes working for the company even better. That being said, not everyone is hired by GoPro, as their recruiting process is unique.

    6. Study.com

    Study.com Logo
    Study.com Logo

    Study.com is a website dedicated to students and anyone interested to take courses. They offer a variety of courses on different subjects ranging from middle school to college. Study.com hires freelancers for teaching purposes as they have courses on almost all subjects.

    The freelancers are required to complete topics as recorded sessions so that they may be uploaded to the website. The pay is per completed session and this differs according to the topics to be covered. People with amateur teaching experience and subject expertise are hired as part of their teaching program.

    Study.com has been gaining more traffic since 2020, as most institutions ceased classes forcing students to derive their own means of understanding topics. This also meant more open positions for freelancers and interested teachers.

    7. Expedia

    Expedia Logo
    Expedia Logo

    Expedia is an award-winning, web-based travel service headquartered in Bellevue, Washington. The company was originally started as a subdivision of Microsoft before becoming Expedia Inc. in 2005.

    The company has open positions for developers, designers and analytic experts to help further diversify their reach as a travel service. Expedia, which is the parent company to popular travel platforms like Trivago, Car Rental, and Travelocity hires freelancers for these platforms as well.

    The company has a strict hiring methodology that applies to freelancers and full-time employees alike. They expect people with professional skills, abilities, and an action-oriented mindset.

    Getting into the company often requires dedication and a passion to work with the employees. The freelancers are treated as part of the company as long as they’re working on projects and this means the included temporary benefits as well.


    How to Become A Freelancer in India? | Freelancing in India
    How to start a freelancing business in India? How is the freelancing market in India and who can be a freelancer? Read on to work as a freelancer in India.


    Conclusion

    Members of the freelance community can rest assured, as there are several other companies not included here that granted the opportunity. Getting into some of the bigger corporations might be easier said than done, but as a freelancer, you should always keep learning and pushing limits. That’s exactly what companies expect from the freelancing community and it’s often the only advantage one can have over the competition to get hired.

    FAQ

    What type of companies uses freelancers?

    High-Tech, Travel, Healthcare, Education, Staffing, Real Estate, and Startups usually hire freelancers.

    Which is the largest freelancer platform?

    Upwork is the largest freelancer platform where over 3 million jobs are posted annually.

    What freelance jobs are most in-demand?

    Online course creators, Social media content creators, Freelance writers, UX designers, Virtual assistants, Bookkeepers/Accountants, Graphic Designs (Logo designers especially)  and Web developers are some of the top in-demand freelance jobs.

  • How does the rise in the gig economy benefit startups while hiring in the initial stage?

    This article is contributed by Girish Kukreja, Founder and CEO, FlexC

    Today, working gigs is no longer considered as an alternative to a full-time job but rather accepted as a viable means to earn a living. According to industry experts, there could be more than 130 million gig economy workers in India.

    A gig economy is a free market system where independent workers and organizations set a specific time frame for an on-demand short-term professional relationship. Freelancers, contractors, and part-time employees, all together make up the gig economy. People working gigs enjoy benefits such as a flexible lifestyle, challenging assignments, no long-term commitments, extra money, and many more.

    In recent years, startups have been eyeing and onboarding talent from the gig workforce to achieve their short-term and long-term goals. But with the pandemic on the rise, startups’ dependence on the gig workforce has increased tremendously because of the number of additional benefits gig employees bring to the table especially the latest digital skills in the technology sector.

    Benefits of Hiring Gig Workforce –

    1. Cross-off Milestones Faster by Hiring Gig Employees
    2. Fewer Responsibilities and Expenditure
    3. Increased Efficiency and Performance
    4. Enhanced Productivity
    5. Benefits of their Expertise

    5 Benefits of Hiring Gig Workforce

    Cross-off Milestones Faster by Hiring Gig Employees

    The process of finding and hiring a freelancer is much faster and easier than hiring a full-time employee. Since gig workers are more likely to have the skill set needed for the project, it helps startups expedite execution and training costs as well. This does require planning and processes as the task assigned by startups to a freelancer is one of the many lined-up projects they need to complete within a given time frame. They may have other ongoing projects as well and more tight deadlines to meet.

    Hence, they are strictly here for business and are more likely to adhere to the given deadlines, helping startups achieve their milestones faster. Hiring a Gig workforce improves the speed and quality of deliverables while professionalism and planning need to be managed.  


    Top 6 Tools to Effectively Manage your Team of Freelancers
    Managing a team of freelancers is not an easy task. So, Here are tools that will help you better manage your team of freelancers.


    Fewer Responsibilities and Expenditure

    If startups hire a gig employee, they don’t have to spend time managing the employee’s accounts, provide the insurance coverage, and other benefits that startups may typically provide a full-time employee. Since most gig workers prefer to work remotely and are probably from some other corner of the world, startups won’t have to worry about allocating them designated office space or providing them with any supplies such as a laptop. Since this saves a lot of time and effort, hiring freelancers will make much more sense for startups. Also, the percentage of money businesses save by hiring gig workers can be invested in other aspects.

    Increased Efficiency and Performance

    Startups can hire gig employees to take some pressure off their backs. Freelancers can be hired to meet short-term important deadlines. Startups can hand them a single task or even outsource a complete project. This will help the founders shift their focus on more important tasks, hence working more efficiently. Increased efficiency will automatically improve the overall performance of the business. Since freelancers mostly work independently, startups can completely rely on a freelancer’s professionalism and efficient work ethics to get the job done, instead of micro-managing everything. This will positively impact the overall performance of the workplace.


    HR Tech Startups in India – Ultimate Solution To Your Best Recruit
    As companies today cannot spent a lot of time and energy into recruiting new employees these HR startups have swooped in to save the day!


    Enhanced Productivity

    Startups can hire gig employees across the globe. Since the gig employee probably is working in a different time zone, the tasks are being completed while you’re asleep. Another benefit of hiring gig workers from different parts of the globe is that startups can provide their customers 24X7 support and improve customer relationships. Also, there are a lot of resources available that can help startups track the productivity of their gig employees. Startups can use platforms like FlexC that will not only help them find top talent but will also break the project into small milestones. This will make it easier for startups to see how much of the overall project is left and analyze real-time productivity data.

    Startups can also use productivity tools like Google meet/Zoom, employee monitoring, and cloud workspaces for better communication and management.

    Benefits of their Expertise

    People usually start working gigs in a niche they are skilled at. And many gig workers also love to work with startups since startups provide them more creative freedom and an opportunity to brush up their skills.

    By adding gig employees to their workforce, startups can use the employee’s expertise to their best advantage. Startups can also take the gig worker’s suggestions regarding any particular issue they may be expert at, and also ask them to train the rest of the staff with that particular skill.

    Gig employees provide the kind of flexibility that a startup needs to grow. Startups, especially the ones at the early stage can take advantage of the talent pool across different skills such as copywriting, web development, graphic designing, etc., and grow their business. They can also hire talent from tier-2 and tier-3 cities and work on ways to expand their business.

    Figuring out a way to provide a permanent spot to gig employees in the overall workforce structure is becoming crucial for start-ups. Changes in the workforce trend and advancement of technology have opened new doors for gig employees. Both startups and large-scale businesses can benefit from this flexible workforce by keeping their costs manageable and engaging with experts across different cultures and creative levels.  

    Even, startups in their early/MVP stage can look at a partial gig workforce for functions like UX Designer, web development, marketing, legal, etc. Even for initial permanent hiring, there is no need to go through the empanelment of HR agencies, founders can just post it on platforms like FlexC and have multiple agencies work on the same.

  • Milestones Every Entrepreneur Should be Thriving for Success of Their Startups

    Milestones are a great way to keep track of what you’ve accomplished in your life. And, when it comes to your startup, you should be aware of the milestones that are required and those that have the most impact on your company. Achieving a goal is always a great feeling, and it’s especially crucial for startups since it propels the company to the next level of success.

    Milestones are like stepping stones to a successful business, and it’s critical to create proper milestones to keep track of your startup’s progress and keep it on the correct track. Following are some meaningful milestones you should be focusing on hitting if you want to have a successful startup.

    Milestones for a Successful Startups
    1. Creating a Proper Business Model
    2. Set up a Business Bank Account
    3. Launching a Website
    4. Hiring Important People For Your Business
    5. Make a Functioning Prototype
    6. Collecting and Reviewing Feedback
    7. Official Product Launch
    8. Signing Up of New Paying Customers
    9. Have An Excellent Customer Service
    10. Growth Of The Customer Base
    Conclusion
    FAQs

    Secrets for Startup Success

    Milestones for a Successful Startups

    1. Creating a Proper Business Model

    Proper Business Model - Startup Milestones
    Proper Business Model – Startup Milestones

    It is one of the most important objectives that a startup should strive for. The model should be simple to comprehend, but it must also grow through time and include all of the aspects that changing time necessitates. The business model should tell everything about the project and explain to the investor about the working of the business.

    2. Set up a Business Bank Account

    One should always separate their personal and business accounts. It is usually the most intimidating thing in the world when you are starting a new business. And you’ll need two separate accounts for your personal and business assets to keep everything in order.

    3. Launching a Website

    When you build a business website, it becomes official, and the majority of people will learn about it. If your company does not have an online presence in current times, it will most likely suffer. Launching a website for your company will boost its legitimacy and make it more accessible to customers.

    4. Hiring Important People For Your Business

    Bringing the proper people on board assures that they will grow with you, boosting your company’s overall success and decreasing the need to hire for any new leadership role that arises down the road. When the right people are doing the right jobs, the efficiency sky rockets and is ultimately good for the company.


    Headhunting in Recruitment | How Headhunting works??
    Headhunting is the process of attracting perfect candidates for senior positions in organisation. Read about headhunting & how headhunting works?


    5. Make a Functioning Prototype

    The creation of the first ever working prototype is the next milestone. This is how companies begin by developing their initial product. The prototype leads to the finished product, and the finished product leads to customers, which leads to profit.

    6. Collecting and Reviewing Feedback

    Collecting feedback throughout the introduction of prototypes and minimum viable products will save you time and money in the long run by revealing the product’s market position and future possibilities. Take your time collecting data and reviewing feedback, since this will assist you in creating the ideal product to meet demand.


    87 Business Ideas with Low Investment and High Profit
    Are you looking for small investment business ideas? Here in this article, we have compiled 87 business ideas with low investment and high returns. Best ROI Business ideas


    7. Official Product Launch

    For a startup, nothing is more stressful than the first product launch. The first ever launch decides the new reputation of the company amongst the customers and whether it will be valued in the market or not.


    Insane Marketing Strategies Successfully Implemented Ever | StartupTalky
    Do you love Marketing? Which is your Favourite? Here, we’ve made a list of some Insane Marketing Strategies that were successfully implemented. Check the article.


    8. Signing Up of New Paying Customers

    Your company will begin to receive paying customers after formally introducing the new product, and this is the best moment for the startup to keep the customers hooked and keep them coming back. Once the product is published, a small number of new consumers will try it out, and if they enjoy it, they will recommend it to others, resulting in a pool of devoted customers.

    9. Have An Excellent Customer Service

    If the product is good but the customer service is poor, the total quality of the experience will suffer, the product’s market value will fall, and customers may begin to migrate to a company with superior customer service. Invest in it and hire people who are qualified for the job. A company’s image, especially that of a startup, can be made or broken by its customer service.


    How To Do Performance Reviews Effectively 2021 | Tips and Examples
    This article talks about Performance Review Tips, Do’s & Don’ts. Good, Satisfactory, Poor, Combination Review with examples of Reviews.


    10. Growth Of The Customer Base

    Keep track of customer growth and the amount of new customers you obtain daily and monthly once the business is up and running and the initial product sales are happening. This will aid in the general expansion of the company and its consumer base. A large customer base equals more earnings and more individuals using and promoting your product. Make a daily and monthly goal for yourself so that you always have something to strive for. This will aid in the improvement of profit strategies and the efficiency of work.

    Conclusion

    You achieve a new milestone with every new sale or product you create. However, there are some milestones that are far too essential to overlook, and you should keep track of them to ensure that you are running your business correctly. Milestones keep you on track for your goals, and striving for them will make your work more efficient, and when you achieve them, you’ll feel more productive and optimistic about your business.

    Different business milestones have different effects on the company but the ultimate goal is to earn money and expand the business. Keeping track of records and recruiting the correct personnel for the job will aid in growth and help you reach your milestones faster. However, the most important thing is to not only maintain track of the business, but also to look after yourself and the people who are helping you reach your goals.


    New Year Resolutions Entrepreneurs should take in 2022
    New Year resolutions is very important especially for entrepreneurs. Here are some of the best New Year Resolutions an entrepreneur should make.


    FAQs

    What makes a startup successful?

    The characteristics that propel a startup to success are proper workplace culture, vision, and teamwork.

    What is the most important thing an entrepreneur should do before starting a business?

    According to experts, analyzing rivals, examining the legal elements of your sector, evaluating your income and expenses, being practical about the risk involved, understanding timing, and hiring aid are all good first steps in beginning a business.

    What is a milestone in entrepreneurship?

    Milestones are business goals that include dates and the individual or team accountable.

  • Zomato Hiring Through Referrals Only? Here’s Why

    Zomato is a startup that took the food delivery business to greater heights. It not only delivers food but also provides details, menus, and customer reviews of a restaurant.

    The startup made the food delivery convenient, affordable, reachable, and reliable. It is now India’s most tried and trusted platform for at-home food services.

    Being a successful startup, it attracts various professionals to its workstation. Be it a fresher or an experienced professional, everyone would love to work and learn at Zomato.

    Getting hired at Zomato however, is not a piece of cake. Recently, Zomato has made clear that it hires its employees only via referrals. This means that one cannot directly apply but only with a referral of an already employee.

    Zomato- India’s Most Trusted Food-Delivery Platform
    How Does Zomato Work?
    Work Culture at Zomato
    How Zomato Hires its Employees?
    What is Referral Hiring?
    Why Zomato Hires Through Referrals?
    FAQ

    Zomato- India’s Most Trusted Food-Delivery Platform

    Zomato is a startup that provides online services of food delivery. It functions in collaboration with the Indian restaurants to serve the customers.

    The startup is well-established and has also entered the unicorn club in 2018. The Indian borne company has now various competitors like Swiggy, Uber Eats, etc. But it continues to occupy a huge place in markets and the customers’ hearts.

    Foundation

    The food-tech startup was founded in the year 2008. There are two founders of the platform- Deepinder Goyal and Pankaj Chaddah. At present, Deepinder is the CEO of Zomato.

    Headquarter and Operating Areas

    The headquarters of the startup is in Gurugram, India. Zomato serves in almost every city of India now. Apart from India, the company has now expanded its services worldwide. The other operating countries include- Sri Lanka, South Africa, The United Kingdom, Qatar, The Philippines, etc.

    How Does Zomato Work?

    Zomato in simple words offers suggestions and takes orders from the customers. It acts as a bridge between the customers and the food stations.

    Firstly, a customer opens the app or website and can browse various food stations. Then they can place an order at any particular restaurant. When the restaurant receives the order, it starts prepping the meal. After that, the Zomato delivery partner comes to pick up the order. The order then reaches its home.

    The customer makes the payment and can also share their reviews. Zomato takes a commission from the restaurants for this. In this way, it helps the customers get their favourite meals at ease.

    Work Culture at Zomato

    Zomato offers a professional, learning, and friendly work culture. It is like an ideal working condition for any employee.

    Working at Zomato is great but it is not everyone’s cup of tea. It demands a strong mindset and dedication beyond the 9 to 5 regime. The employees are required to give in their efforts at odd hours and sometimes even on holidays.

    After all, a company so big does need dedication beyond the usual for successful functioning. The best quality about Zomato is, it doesn’t hide its culture. An employee survey was conducted about the working conditions. The result of the survey came on Zomato’s blog and its Twitter handle.


    How Zomato Hires its Employees?

    Zomato Careers Page
    Zomato Careers Page

    Zomato is a tech-based startup. It involves various processes behind its successful functioning. It is not a one-man show to run. It needs a trusted and efficient team.

    There are many fields of work at Zomato. These include- marketing, engineering, designing, advertising, etc.

    In recent times, Zomato declared that it will hire employees only through referrals. It means one cannot give a direct interview on their own. You cannot go to a job portal, apply for a role and bag an interview from there.

    To get in as a professional in Zomato, a person needs a referral from an employee at Zomato. Since the Zomans (employees at Zomato) do not give a referral to everyone, the hiring gets limited. This makes it difficult for various professionals to apply at Zomato.

    What is Referral Hiring?

    Referral hiring is a type of recruitment process of a company. In this, the employees of a company take part in the recruiting process.

    Under this method, the already employees of the company share job vacancies in their company. They share this within their network. Then they provide recommendations to certain candidates who apply. In this way, the hiring process becomes network-based rather than open to all.

    Why Zomato Hires Through Referrals?

    Zomato laid off various employees during the harsh conditions of the pandemic. Now, the company is reviving its employee base at a slow pace. The catch is that the company now hires its technical professionals, product teams, marketing, legal professionals only via referrals.

    Zomato is hiring via referrals from the Zomans to make sure they get the right employees.

    • The company faced losses during the pandemic. This made the company lose its employees as there was not much work for them. So, to keep a check on depreciation rate is also a reason that Zomato hires through referrals.
    • Another major reason includes establishing a simple and clear hiring process. Hiring through referrals means no extra rounds of interviews for the candidates. It saves the company time and effort.
    • Hiring through referrals helps Zomato to focus on the distinctive qualities of candidates. This helps to get the best and the most efficient professionals in the team.
    • This helps Zomato have direct and easy access to the best talent. It makes the process trustworthy because the talent is acquired by their employees.
    • By hiring through referrals Zomato cuts the time and cost of sourcing, screening, negotiation, and coordination.

    Thus, Zomato has decided to make its best team only through referrals.

    Conclusion

    Zomato since its start has come far and made great progress. With its tremendous growth, it is not only customers’ favourite but also an ideal workstation for professionals.

    The company has now made it super clear that they will hire only through employee referrals. The company has laid down on their website that they don’t accept job applications. So, if you know someone at Zomato, reach them and send your attractive application to them.

    Even if you don’t know someone, it’s time to build up your network and connections. With a great skillset, mindset, and networking, you can try to get into this successful startup.

    FAQ

    How do you get selected in Zomato?

    Zomato conducts a series of rounds to select a candidate, Resume Shortlisting, Written Round, Group Discussion, Technical Rounds, HR Round. After the pandemic, Zomato has started hiring through referral only.

    Who owns Zomato?

    Founder and CEO, Deepinder Goyal owns Zomato.

    How does Zomato recruit?

    Zomato has started hiring via referrals after the pandemic to ensure they get the right people.