Cutting Edge Technologies - Praveen Kumar

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​ The success of any startup is rooted in the level of employee motivation and dedication. It is difficult to stay afloat if the employees are not following the vision of the startup. Limited resources and time pose several challenges to businesses. Startups focus more in making sales by reaching out to customers and hence they lose the sight of offering motivation to their employees. Several management techniques can be followed for engaging the employees as well as productivity at the workplace. In a startup environment, leading a team implies asking them to serve more than one role beyond the description of job actually offered to them. Startup owners and managers need to understand that there should be a balance in appreciation, rewards, fun and recognition of employees while asking them to take up extra responsibilities and work. These management techniques promote employee satisfaction and engagement.   §   Personal Perks During new hire orientation, tr...

Are you thinking about starting a startup business or already running a startup? Well, there are a few factors that you need to know about. First and foremost, you need to understand that a startup is different from a small business. A startup is a business that usually has a high growth potential. Unless your product or service has a huge target market / growth potential, you should not focus on startups. Its not a hype or a trend that goes, "let me quit my job and start my own startup". Another thing that you need to know about is that for startups, you will need the investors to support financially. The thing is that most investors may not be open to making an investment especially if you don’t have a solid idea or revenue potential and a great team. The key requirement to execute tasks and planned items in a reasonable amount of time and achieve milestones and goals is to have a good team / people that are highly motivated.  Some of  the factors that keep employ...