SOME ADVICES FOR STARTUP – PART 2: PLAN IMPLEMENTATION PROCESS

You completed the plan implementation process, now, it’s time to actualize what you wrote down. Recruitment , product development , marketing deployment and sale strategies,…There are something below to keep your mind in the process.
Effective recruitment
The human factor accounts for 90 percent of the success and failure in business. At the beginning, recruit first 50 people by yourself. The scale of your company is too small to rush into hiring an independent recruiter, you need to participate in every recruiting conference.
Make sure that you employ the people who’re into your products or your company,and they fit with your company culture, and recruit them at the right time. One of them you need to consider to get them into your company  firstly is office manager to help you cover some daily duties like organizing paperwork, logistics.
Build business culture
It’s a big mistake to think that business culture will be boosted along with time. Maybe it’s true, but its result unlikely to be what you want. Sit with the co – founders and find the kind of culture that you want to form in your company.
List the ways that you can simplify in recruitment requests or some features which the candidate must fit with. Many companies have a handbook about the culture that the new will be asked to follow. Keep track on these things at the first time, you will have the potential team engaged in the long run.
Be transparent
Transparency is the foundation for building trust. Be transparent, not only with your staff, with consumers, but with investors. Your team members will feel they are more involved in the management if you share with them the plan and vision. Some companies hold open discussions about salaries and related processes. Openness and transparency are great things when starting a business. Please accept it.

Comments

Post a Comment

Popular posts from this blog

WHAT SHOULD YOU INVESTMENT IN THE USA BUSINESS? (PART II)

Image
The investor’s money through the project must create full-time jobs for at least 10 US citizens. Investors will be able to permanently change green cards, become “US permanent residents” after the 2-year conditional green card expires. The investment amount will be refunded 100% after 5 years. This form of indirect EB5 investment is very beneficial to investors because it not only helps to meet job creation conditions more easily and does not have many requirements for investors. Form of direct EB5 investment Direct investment The EB5 project is an investor who invests USD 1,000,000 in their own businesses and directly creates jobs for at least 10 US citizens in 2 years. Direct EB5 investment is the optimal method when investors want to expand their business to new markets. The investor will have full control of the business. Joint venture This is a form of investment for foreign managers or executives who want to settle in the US. They will invest through branch offi...
Read more

WHY ARE AMERICANS AFRAID OF STARTUP?

Image
To become the next Bill Gates or Mark Zuckerberg, Americans need courage and start a company. But they did not do that. What is the reason for this? According to CNN, startup in the US is at the lowest level in nearly 40 years. Only 452,835 new businesses were born in 2014, according to the latest census data released by the country. This is much lower than the 500,000 to 600,000 new businesses that open each year in the US from the late 1970s to the mid-2000s. “There is a long-term decline in entrepreneurship,” said by Arnobio Morelix – senior research analyst at the Kauffman Foundation, which tracks startups. The Great Depression is a “killer” for startups. Americans don’t start new companies because they have little money and the courage to do so in those bleak economic days. At that time, there were expectations that American business spirit would increase again when the economy recovered. The big question is why this situation is and how it affects jobs. Historical...
Read more

SOME ADVICES FOR STARTUP – PART 1 : PLANNING PERIOD

Image
You had an idea for business. So, Making the business plan is not only your first work ,but the key in the beginning of startup process .You can take these advices into consideration to apply for this process . “ Business is a marathon competition , it’s not a sprint race ”. You likely heard this quote many times. Importantly, you must understand deeply the differences between marathon and sprint run. A marathon competition requests that you must have both general and particular plans before starting to moderate in the real race. The marathon is long – distance race with an official distance of  26,2 miles ( approximately 42 kilometres) . If you put an extremely effort in some first miles , you have nothing left for the rest of the race’s road. In fact , It is encouraged that the half part of the marathon should be running bit slower than the other one. Find a right mentor “ If you are on the road to business, try to find a mentor ”. If you’re at the position that...
Read more