Tuesday, December 3, 2013

A Few Rules To A Start-Up

Starting your own business can sometimes feel overwhelming but after reading Mark Cuban's article on Entrepreneur.com. I took away some valid advice. I did not agree with all of them but below are the few that stood out to me. No matter what be passionate about your business, because if you are not how do you expect others to be. Everything will not always go as planned but if you cut the goals into small tasks you will be able to accomplish more.

1. Make the job fun for the employees.
On Marks list this was the last thing he mentioned and for me this goes first on my list. I think it is important to feel  inspired and be free at work. Of course there are limits, but for the most part it will be in the best interest of your boss to create an atmosphere that allows his employees to feel rewarded for their efforts. It helps shows appreciation.

2.Know your core competencies and focus on being great at them. 
Pay up for people in your core competencies. Get the best. Outside the core competencies, hire people that fit your culture but aren't as expensive to pay.

3. No offices
Start up for the most part are employed by some of the most innovative people. Try not to box them. A company culture that fosters team work will inspire ideas and help everyone to be on the same page for the most part.

No comments:

Post a Comment