You know you want to start your own business…but how, exactly? In our digital age, the choices are limitless. Overwhelmed? MySecretTeam helps you narrow it down.
Starting a business has never been easier. Plenty of support and tools are available locally and globally, in virtually in any form: government initiatives, investor funding, advice, mentorship, free software, and enhanced access to information.
With that said, entrepreneurs often find themselves overwhelmed by volume of workload, competing priorities, hidden expenses, and the inability to effectively deal with the varied aspects of running a business, from finance and business development to HR and admin.
Though it may sound straightforward, employing and managing people to take care of these tasks can be daunting and expensive. Business owners remain uncertain whether the job will be done well and on time, while their biggest business expense is still paying workers.
WHY NOT TAKE IT ALL VIRTUAL? THIS GIVES YOU ACCESS TO TALENT FROM AROUND THE WORLD, HELPS YOU SECURE SCARCE SKILLS, AND CAN OFFER YOU BETTER VALUE FOR YOUR MONEY.
What can you, as an entrepreneur, do to address this, so you can focus on running and growing your business while keeping costs under control?
- To address expense worries, you can turn yourself into a solopreneur—a person who runs his or her business alone, without employees but with the help of contractors. The appeal of this approach is that it provides flexibility while keeping business operations lean. The challenge of managing people, however, remains.
- To manage contractors and deal with the back office, you can hire an assistant, though this takes us back to employing people—even just one. In addition, finding an assistant with the qualities and skills of a people-manager can be challenging and expensive.
- Why not take it all virtual? This gives you access to talent from around the world, helps you secure scarce skills, and can offer you better value for your money. And…this is very important…it saves you money on office space. There are now a number of websites featuring freelancers from around the world. You can find all kinds of professionals, from virtual assistants to graphic designers and accountants—but how do you make sure they are the right people for your company, and that they will do the work according to your requirements? The challenge of hiring and selecting people to do the work is still there.
TRADITIONAL EMPLOYMENT DECLINES, GIVING WAY TO ON-DEMAND, QUALITY WORK COMPLETED BY THE RIGHT PEOPLE—WHICH, IN TURN, RESULTS IN BETTER BUSINESS COMPETITIVENESS AND LOWER OVERHEAD.
All of this has led to the emergence of services like MySecretTeam, which allow you to spend less time on managing people and admin, and more time focusing on growing your business and making money. This is what the future of work looks like. Traditional employment declines, giving way to on-demand, quality work completed by the right people—which, in turn, results in better business competitiveness and lower overhead.