Even more so in a global economy. Both skill-sets are required in varying percentages, depending on what's going on in the business. Effective leadership is about inspiring and instilling confidence and "followership" in your staff, and demonstrating strength of character, conviction, and stabili...
Definitely a cost efficient option. And gives you more range to find the skillset you need. With all the tool solidified during COVID there's no reason not to work out. Just pay attention to timezone differences and possible data/security restrictions if this team will access client data. Agree...
The number one would be shipping product (or anything really) out in front of a customer. If you can't work together to get something done fast, that is usually a huge indicator that somethings wrong. That usually means your values or mission aren't aligned.
Assuming each sales person is carrying a $1,000,000 quota then that works out to 2084 new users per year. That translates to an annual bonus of $125K USD on target earnings. If you are looking to motivate more sales, then I would suggest a sliding bonus structure that increases as reps sell mo...
I am assuming your question is more pertaining to empowering and motivating (rather than hiring). I can outline some of the practices I have seen really result in high motivation and sense of ownership among engineering teams: * Empathize - Your engineering team will work well and be more motiva...
In my companies I define a team as my in house leadership (I refer to them in all group communications as the LT or Leadership Team). My Personal Network is the collection of contacts and connections that I use to develop my business (Either through mentorship, advice or social/business connect...
Your question is very interesting and gives me a feeling you have a real commitment for success because it makes me feel you care for your team. If this question could be fully answered in a couple of lines, you can imagine all managers and executives would lead their teams successfully. The ...
Hello, please specify-- give an example of how you know that they are losing motivation-- are they not meeting daily expectations regarding productivity? Are they complaining? What is it that they are doing that signals to you that they are losing motivation? With a bit more info, I can offer gui...
Finding a cofounder is tough, especially at early stage. I think the way your are approaching it make sense and I followed a similar path. Once you have developed an MVP you will have more to show both to potential cofounders, employees and investors. This will also allow you to raise some see...
You will need to weigh the situation. If it were my company, we have a Core Value of "Truth", and we have an expectation of open communication with each other and with our clients. Therefore, if it was me, by running this through our values it would be a no brainer to tell people not just what w...