Technology has been the driving force behind disruptive innovation in so many areas of industry.
New terms have been coined to describe such innovations, such as MedTech, EduTech, FinTech and AdTech, and the list continues to grow.
One “newcomer” is HRTech or human resources technology.
Almost all businesses require human capital to operate (except perhaps Elon Musk’s Gigafactory), so it would be naïve to believe that our legacy human resources processes can survive without any form of upgrade.
Every year, more businesses take the leap towards remote setups and start incorporating virtual offices into their corporate routine.
Some are older companies trying to find ways to cut costs.
Others are fledgeling ventures with no fear of being unconventional and taking the whole team out of the traditional workspace.
Whatever your reason for considering virtual offices, you’ve probably thought about their impact on your overheads.
Your website is your No. 1 marketing tool. Very few businesses nowadays can succeed without one. It is the face of your business and, just like people, you only get one chance to make a good first impression.
Consumers are very judgemental. If your website looks unprofessional, you’re not only going to lose their business that one time – it would be safe to assume that they’re never coming back.
Tom is the Co-Founder and CEO of a startup that aims to create happier workplaces.
Formerly a professional in the tech industry with a passion for the Internet landscape.
He combines business education and solid analytical skills with technical knowledge and a flair for entrepreneurship.
Having worked and/or studied in eight different countries he understands the challenges facing global businesses very well.
You’ve now got your awesome idea and funding to get your business on its feet.
The next step is figuring out how to market your product.
Before you start thinking about distribution channels and retail outlets, the first thing you have to nail down is a solid branding strategy.
Who are you?
After a full year of hard work, your employees are probably exhausted, and definitely deserve a break.
It is important to make sure that they’re appreciated for their efforts, and company trips are often a good way to do so.
Not only do you get to reward your employees, you also get to do some bonding in the process, and build a stronger team.
Financing a business isn’t like getting a bank loan for a car or home. There are quite a few creative options out there to explore, on top of traditional methods.
Before you get too excited looking for money elsewhere, consider “bootstrapping” as your first step.
If you are able to fund the initial capital yourself, it is a safer route to take in your company’s infancy as it develops and your business concept matures.
Work is constantly evolving and in today’s fast paced environment, it can sometimes be hard to deal with everyday tasks and deadlines.
With the technology being omnipresent, new products, such as tools or apps are being developed daily and some of them can help you boost your efficiency and better organize your line of business.
Once you’ve decided to become an entrepreneur, the burning question on everyone’s minds is:
How long should I keep my day job?
Should I go all in and quit, or should I try part-time first (be it part-time entrepreneur or part-time day job)?
First things first: Finances
How long could your savings last you, if you quit your job today?
I first learned about Darren when I came across the video of his speech made during the finals of Toastmasters’ 2016 World Champion of Public Speaking.
It was amazing to learn that a fellow Singaporean earned a gold on the global platform.
You can catch the replay of his speech here:
His topic would resonate with everyone out there as we are indeed (spoiler alert!) our own worst bully.