work - Tag Archive

Advantages of working for a startup

9 Replies Susan

Ask any recent college graduate today what their number one worry is and it will no doubt be “getting a job”. Today we are bombarded with the discussion of a failing economy, record unemployment, and the impossibilities of landing a job.

It’s a terrifying thing to face when the past four years your life has consisted of all night study sessions in the library, drunken weekends, and the endless hopefulness of a soon-to-be college graduate.

Graduation papers and a graduation hat

Graduation doesn't guarantee a job

While landing a job is no doubt extremely difficult in today’s society for any individual, there are numerous opportunities available out there for young graduates.

One idea is to apply for jobs at startups and SMEs, rather than applying to those cushy jobs at the major corporations, which are in high demand.

Here are three reasons working for a startup company might be a better choice than that corporate office high-rise.

More Responsibility

Yes, more responsibility means more work, which can also mean more opportunities. Responsibility is a good thing in the working world. Not only will job functions and demands that require more responsibility look better on a resume, it will also make your daily work more interesting and rewarding.

One thing about working in an ‘entry level’ job at a big corporation that can be really discouraging, is how little control and say you often have in the operations of things. At a startup company you will likely be working with a small, close-knit group of individuals.

Startups look for individuals with specific skill sets and drive, that are unique and useful for their specific job description. This means that you will be unique among your peers. You will have a voice within the group that wants to be heard. Much of this has to do with the mere scale of the operations.

At a startup company, operations are small and groups are small – every voice and idea is important. More responsibility means more work, but more work means more experience and more experience means greater rewards – potentially money. The bottom line is that it is easier to move up and forward in a small startup than it is in an established corporate office.

That said, startups often have flatter organisational structures, so there are less chances for promotion than in larger firms.

The Startup Atmosphere

If you’re looking for buttoned down corporate America, a startup is most likely not the right path for you. Due to their size and calibre, most startup companies exude an extremely relaxed atmosphere.

You won’t have to go out immediately after graduation and spend a small fortune on business attire. Typically, jeans and casual wear will cut it at a startup company. Of course, this casual atmosphere isn’t always the case and it will depend on the type of business the startup is involved in. You do get big corporations that have similar relaxed or non existent dress codes too, but it is usually more common among SMEs.

Furthermore, in a startup, the offices are typically small, young, and cohesive, hence the atmosphere in the office is more relaxed. I’m not saying you should count on this and this should not be your sole reason for seeking a job at a startup company, but it certainly can be a perk for a recent college graduate, or anyone who doesn’t like the idea of always having to wear a suit and tie.

Work Will Be Recognized (Good and Bad)

One of the most common complaints you hear from those in the working world is that their constant hard work goes unnoticed. This can be an extremely difficult thing to deal with. Feeling like you are putting in your greatest effort and doing a good job at it, but getting no recognition in return can be extremely disheartening. It seems that big corporations are the biggest offenders for this.

Of course, it can be nearly impossible to give your employees due credit for the hard work when you have hundreds (if not more) of them to oversee.

At a startup company, because numbers are so small and every ounce of work really matters, it is nearly impossible for hard work to go unnoticed. Typically startup employees work in small teams where every task completed is essential and credit is given. Your coworkers and boss know what projects you’ve contributed to.

This is a great way to feel that your work is being recognized and is a wonderful way to stay motivated to do the absolute best job that you can.

If things are noticed when everything goes right, things are certainly noticed when they go wrong as well. This will keep you on your toes, so that you produce work that both you and your employer are proud of.

There are also advantages for working for big corporations, however your personality and preference will determine which you are best suited to work for. Don’t think startups are the answer, but don’t rule them out either!

Is remote working the future for business?

7 Replies Christopher Roberts

In previous articles I have talked about how technology and business interact, and what the future of technology might hold for the world of business. In this article I am going to explore the idea that in the future, almost all business will be conducted remotely.

The number of people who permanently work at home in the UK, (known as teleworking) was estimated to be 1.3 million in 2010. The working population of the UK at the same time is believed to be around 30 million, therefore around 4.5% of the UK’s population (in 2010) were teleworkers. That said, is is estimated at the same time that 3.7 million UK workers sometimes worked from home, and sometimes went into their place of work. That means that of the working population, around 12.5% were, at some point, working remotely.

The figures are similar for the USA, and other developed nations. More and more firms around the world, are offering their employees the opportunity of working from home, but why?

Cost Advantages

Many people do not realise it, but it is often much cheaper to give employees access to the technology they need to work at home, than it is is to provide them with a workstation in an office unit. Yes that might mean you need to buy every employee a laptop, printer and make sure they have an internet connection, however that is often much cheaper than maintaining a workstation, in a fixed location.

If employees work in an office, then the firm either has to purchase or rent the premises – this can be very costly. Furthermore, an (often very expensive) IT mainframe system needs to be in place, to ensure that the entire building is connected internally, and with the outside world – including offices in other locations. Most employees will need a computer to work at, so why not buy them a laptop, give them their own printer, make sure they are internet connected, and tell them to work from home? It is often much cheaper.

Technological Advancements

Improvements in technology mean that working from home is more viable than ever before. Thanks to online storage systems, which allow simple, easy and effective file sharing among workers, employees are able to connect with each other, and share data from almost anywhere in the world. Outsourcing such tasks is often a much cheaper option for firms, than maintaining their own expensive IT infrastructure.

Advancements in communication technologies have also improved the viability of teleworking. I have previously wrote about QB Robots, robots which are effectively your eyes and ears in the office, which you can remotely control, whilst you are not in the office. These sort of devices mean that you can still connect with other workers, almost as if you were there in the room with them.

Anybots QB Robot

The head of one of Anybots QB robots – notice the webcam eyes and screen inbuilt into the head – such robots can improve the potential for remote working

You don’t necessarily need a QB robot to stay in communication with others though. Technologies like webcams, and VoIP mean that it is really easy to stay in contact, and in the loop, so you are just as up to date, as you would be, were you in the office.

Service Improvement Through Better Access

Technology has made it easier to work remotely, and it is often cheaper, but another advantage of teleworking, and a reason which I believe will be one which causes further growth in the industry, is the improvements in accessibility that teleworking offers.

In his recent article ‘Five changes in video conferencing for the next decade‘ Rashed wrote about how improvements in connectivity could improve the prospects for services like telemedicine. Being able to connect to people remotely, means that those who live/work in more remote areas, are more likely to be able to become connected.

Improvements in Productivity

Many studies have shown that working from home can actually boost productivity and reduce the time employees take off ill.

British Telecom claims that its teleworkers save it an average of £6,000 per year (per worker) due to the reduction in the costs of having to provide a workstation, the reduction in commuting costs, and through the increases in productivity. BT claims that its teleworkers are 20% more productive and take fewer sick days. This is probably due to the reduced stress associated with working at home, due to employees not needing to deal with the hassles of commuting, and the occasional hassles presented by co-workers, arguments and misunderstandings can cause stress!

In addition to this, the less time employees spend commuting, the more time they have to themselves, and the more time they can spend working. Say an employee spends an hour and a half commuting each day (two 45 minute journeys) then they could spend an  get an extra 45 minutes working, and get an extra 45 minutes to themselves.

In Summary

To conclude, working remotely is often a much cheaper option for both firms and employees, it has been made more viable thanks to technological improvements, it can improve the services that a firm can offer, and also improve the productivity of the workforce. These are some of the reasons, why I believe teleworking will become much more common in the future.

How To Climb Up The Online Business Mountain

13 Replies Nick

If you have ever participate in an outdoor activity, especially mountain hiking, you will agree with me that it has a lot in common with the strategic steps we ought to go through before expecting rewarding online business success.

Just like outdoor activities start from recording a list of the necessary gear to use, succeeding in online business also involves a strategic approach of proper self organization, from getting the required working materials to effective time management.

Even while there is already a lot of fun in working from home, it also comes with some time and self management challenges which often keep most of us from climbing up the online business mountain and achieving total control and freedom.

On top of a snow covered mountain

Climb the mountain to online business success

For an effective approach towards achieving online business success, we have to pay attention to the following:

Effective Time Management

This is the most important factor that determines the level we can reach as online business owners. Ineffective time management can ruin our progress and deter us from achieving the great heights. For effective time management, we need to:

Schedule our time: Doing the dishes, laundry, coking and some other household activities are going to steal your business time, if you don’t schedule them wisely.

It is true that these activities are necessary and have to be done, but you will be more productive both at your family duties and at your online business, if you schedule special periods in the day for everything you need to do in the house and for your online business as well.

Once it is the time for each of them, leave every other thing you are doing and focus on them. This will improve your concentration and ensure you accomplish more.

While these activities are inevitable, there are others, like online chats with friends, online videos and their likes are total time-suckers and should be avoided.

Stop procrastination: Once you have fixed activities for the day, don’t shift one to the next minute. If it is time to get something done, get it done. I learn this the hard way, but it is good you know that every minute of the day comes with some needs. Shifting any activity to the future will pile up with loads of other activities and eventually will overwhelm you.

Working place and passion for your job

It is critical to love your work and be able to do it in a nice and cozy place. For effectiveness in online business we need to:

Create a space and keep it organized: Even though you work from home, getting a separate office for your business will make you take it more seriously and ensure that you accomplish something on daily basis. Also, properly organizing your working space will ensure that it doesn’t repel your interest but instead, lure you to work.

Love what you do and let the others be aware too: Tell your family and friends that even though you stay at home, certain periods of the day are dedicated to your online business. They will respect this fact only when they see how bold and serious you are, and how important this is for you; hence you need to show them that commitment.

Measure your success and reward yourself: Most times, many online business owners lose hope and give up when they feel that nothing is working. Even that period is important, because you have found methods that don’t really work and you just need to concentrate to do things differently. However, find a way to measure your success, even if it is the little things you accomplish in your day, and reward yourself for that by taking yourself out, watching your favorite TV series, etc.

With all these been cleared up, you have built a strategic plan and you’re ready to go. Pack your backpack with all these necessary gear and with determination hit the trail to online business success. The path won’t be easy, but you will be prepared.