Entrepreneurs need all the help they can get to successfully launch and build their startups. Networking is one such tool that entrepreneurs can use to meet investors, innovators and new clients. However, networking is not as easy as it seems. From going to the right networking event to meeting the right people who are genuinely interested in your company, networking, like everything else, requires a little bit of planning. Here are a few tips to become a networking genius before your next networking event.
Choose wisely, the networking event you wish to attend. In general, networking events bring in a lot of attention from a lot of people in the startup ecosystem. However, attending each and every startup networking event is not feasible as they tend to take up a lot of time. Instead of attending every networking event, choose your battles carefully in order to win the war.
Listen More, Talk Less
While networking events present the opportunity for entrepreneurs to present their ideas and showcase their startups, it’s also a great opportunity to learn new things. Networking events are a gold mine of information and knowledge flowing from industry experts, successful entrepreneurs and veterans. Make it a point to listen more at such events to pick up tips and hacks that can help your startup in the long run.
Approach Diverse People
You never know who can help you out. In order to make the most of the networking event, speak with people working in different sectors. Staying in comfortable and familiar territory defeats the purpose of the networking event. So expand your horizon and break away from those people you would meet regularly. You cannot do anything new if you stay in your comfort zone.
A networking event is not just an opportunity for you to meet new people, connect and grow but it is an opportunity for other startup founders to do the same as well. Help other startups and entrepreneurs out where ever you can and even introduce them to some of your contacts. Do unto others as you would have them do unto you.
Just attending a networking event will not be enough. You also have to follow up with the people you met at the event. A networking event is where the conversation begins and not ends. If you had a great exchange at the event then remember to follow up with either an email, phone call or even a message. Reference something you discussed as a gentle reminder and let them know that you want to stay in touch and you value their opinion.
At the next networking event, make the most of your time and others using these simple hacks!
Five Ways To Build An Effective Startup Team
No matter how strong your idea is, the ultimate fate of your startup lies in the strength of your final team. It takes only one weak member to topple all your hard work and in order to avoid that, it is extremely important to make sure you have crossed all your T’s and dotted all your I’s. Here are a few tips you could follow to get the perfect team for a startup which could change the world.
1. Identify The Positions
Before you start the hiring process, identify the positions you need for your startup. Be sure to prioritize. Figure out which position to fill first and balance out the hiring. It does not make sense to hire five project managers and not a single programmer. Be sure to have enough money or customers to pay for staffers before you start hiring them.
2. Envision The Bigger Picture
When you go out to hire people for your startup, let your vision drive you. Why were great thinkers like Steve Jobs or Verghese Kurien so successful? Because they had a dream and they let the world know their dream. The people they hired believed in their passion and because of that, their companies are still rock solid.
3. Adopt A Game Management Approach
Great cricket, football and basketball coaches always talk about watching films and studying the competition. As a new startup founder, you should do the same thing. Identify the competition. Understand where their strengths and weaknesses are. This helps get a clearer picture of where you are as a potential game changer. Just like our favourite coaches and quarterbacks, having a head start always helps increase your chances of winning!
4. Get A Consultant
Every movie has the main guy and the Right Hand Guy to help with the more serious work. A consultant is also just like that. They will tell you things you do not want to hear and they will get the job done for you whether you like it or not. Get one! Play the game safe and play it right.
5. Post Hire
Once the entire process has been finalised, it is important to do a background check on the people you are hiring. What if they look really good on paper but have serious flaws within? To avoid issues like hiring an employee with a police case or a fraud case on them, do a background case and avoid all the hassle.
Your company is as good as the people you hire. Hire the right kind of people and who knows, you could become the next Microsoft or Swiggy!
Relationship Between Manager And Employee
The relationship between a manager and employee is extremely vital to the entire mood of the office. A poor relationship brings down the entire moral and effects the productivity of not one but every employee. On the other hand, a good relationship breeds positivity and fosters a functional work environment.
According to multiple studies, more than half the employees were unhappy with their direct supervisors. This friction between management and staff not only manifests itself in poor attitudes and work culture, but it can also have a deleterious effect on a company’s productivity and revenue. What employees lack in the workplace is one simple thing, cooperation.
Managers are successful only if they keep reinforcing the fact that performance at work is not always about competition. While healthy competition is always encouraged, it goes against the overall work atmosphere of the company if the competition becomes too negative too soon. Performance is about coming together to serve a common purpose: that of delivering a brilliant product at the end of the day. As a manager/employee, once you convey this message to your team and tell them you actually mean it, the work flow makes more sense.
As a manager/superior, you can create a positive work life by simply charting out certain details. Delegate specific responsibilities to certain employees and make sure each responsibility is linked with the next in a ceaseless effort to provide exceptional products. Find ways to bring your team together. Hold workshops, have constant feedback meetings and create goals for each team with a reward incentive at the end of a successful task.
Workers without a career advancement or a near goal in mind are usually demotivated. Develop and guide talent to ensure you have a loyal and stable workforce that can fill the needs of the present and future. In short, do not, at any point, make your employees dread coming to work. Get the pay cheques rolled out on time, ensure you have enough number of holidays planned for the year and make sure you and your employees always have a strong connection.
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