POSTS TAGGED : business team

7 Reasons Why High Growth Founders Fail to Scale Without the Right Support

The world of building businesses is a battlefield, where high growth-minded founders step into the ring with dreams of changing the world and building extreme wealth off of their ideas. Yet, for all the ambition and grit that fuels these journeys, a staggering number of founders find themselves stuck, unable to scale their businesses. Why? Because they underestimate the importance of support. Relying solely on their own hustle – ugh, that word! – without the right strategic backup is a recipe for burnout and failure.

High growth founder and support team

Let’s break down why high growth-minded founders falter without adequate support and explore how you can avoid these pitfalls.…

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3 Steps to Forge Collaborative Teams

Creating collaborative teams is one of the best approaches to build a successful business. According to research from Slack, “trusting colleagues to do good work is a top collaboration concern.” The research also found that a majority of surveyed employees agree that ease of communication makes for great collaboration. Although collaboration does not guarantee success (it can fail), without it, your organization is at a disadvantage.

Building a collaborative team

To understand how to build collaboration, let’s first discuss the characteristics of an effective team and the differences between collaboration versus cooperation.

In cooperative teams, work is compartmentalized. Tasks are divided and assigned to team members to work on independently. …

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How to Choose the Right Employees and Form a Cohesive Team

A crucial aspect of entrepreneurial success is working with talented and driven people who are dedicated to your vision. When it’s time for hiring, you need to have a good idea about the skills your business needs to thrive. You should also have a clear image of the type of atmosphere you want to foster in the workplace.

Business team working in an office with open plan

With a cohesive team you can fully trust behind you, you can accomplish your business goals faster and easier. How to gauge compatibility when choosing people to work with? Here are a few tips and tricks to help you with the recruitment process.…

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5 Tips For Hiring The Perfect Employee

In order for your company to succeed on a day-to-day basis, you need to hire the best possible employees. Thus, here are five tips that will help you find this person in the first place.

Hiring the best employee

First, think about who you need. What role needs to be filled? You don’t always want to hire an individual with the same skillsets; otherwise, you will not have a well-rounded team. Alternatively, you should carefully assess their CV, ask a lot of interview questions, and determine their fit into the culture of the company. There is no doubt that you will also be improving your hiring process along the way, as well.…

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5 Reasons Why Sharing Is Caring in Small Business Time Management

Time management is important to SMEs, as this is the one resource that can’t really be bought. For small businesses, limited staffing and a small budgets are common. For SME team leaders, this negatively impacts their work-life balance, often resulting in those at the top taking zero holidays throughout the year.

Team Meeting

However, there are a few tools that can help to reduce the workload and save time, but they all require team effort. This is why sharing is caring in small business time management. In other words, it’s essential to rally your team so that you’re all on the same page.…

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How to Lead a Multi-National Business Startup Team

Leading a multi-national team after you’ve launched a startup is no easy task. You still get to deal with the day-to-day worries a regular business owner would. However, you also have thousands of miles separating your various team members, all of which speak their own language, and have unique cultural differences that need to be understood and respected.

Managing multi-national startup team using web conferencing tool

A multi-national company is a great challenge, and the opportunity for immense profits is very real. However, you have to wear many hats to successfully cross cultural barriers, and have the proper technology in place to make communication as instant and seamless as possible.…

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Tips for Getting an Underperforming Team Back on Track

When a team member starts to perform poorly it will affect your company’s business but when the whole team slips off track it can be a lot more serious.

In this sort of situation it is important to take the initiative and try to resolve the problems as soon as you can. Thankfully, there are some simple and sensible tips to let you do this quickly and efficiently. The following are some excellent ideas for getting back on track as soon as possible.

Lead your team to get back on track

Talk to Them More

A common problem in many businesses is that the staff feel that their bosses don’t talk to them enough.…

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