Managing the startup: Controlling
Today I would like to dive deeper into area of controlling. Beyond budget management, it’s about steering various aspects crucial for success and financial result of any startup.
A New Lever of Sustainable Growth: Business and Legal Awareness in Startups and Small Businesses
Today I would like to touch upon an underrated aspect of effective management in startups and small companies. It is the development of business and legal awareness within the team. Companies that invest in developing their employees’ business awareness experience significant benefits. This includes improved profitability and better strategic decision-making.
Managing the startup: the Need for a Measurable Approach and KPIs
In today’s dynamic business environment, small tech companies face unique challenges when it comes to scaling production and sales. One of key factors determining their success is the adoption of a measurable approach, as it helps to better manage activities and processes within the company. For the Board of Management this involves not only effective financial management but also focusing on key performance indicators (KPIs) in the commercial and operational realm.
Unleashing the power of processes and structure
While strategy and product-market fit take center stage in the startup spotlight, don’t overlook the silent heroes: processes and structure. Do you believe that small teams can bypass processes? Think again. As your team grows, chaos grows. Demystify the myth that processes are exclusive to big players.
What makes startups strong – critical thinking
The power of visionary leaders lies in their creativity and will to achieve their goals. The visionary leaders’ minds are capable to generate many ideas, often on the spur of moment or sudden intuition. However, with limited resources they have, in order to implement those ideas, they need to select and prioritize. To do so they need critical thinking.
What makes startups strong – prioritization
The great strength of visionary founders is their creativity. Visionary leaders have a lot of ideas, and each idea seems like a great opportunity that cannot be overlooked. But such creativity can be a trap at the same time.
What makes startups weak
I have been writing last year mostly about best practices. However, I believe it is equally important to learn from mistakes. That is why my first article in 2023 will be about common mistakes that impede startups efforts to pave their way for growth. If you feel that you have a great product idea that can solve the problems of many customers but for some reason your business development is too slow, I hope this post will help you find a new inspiration for the 2023 activities.
What makes startups strong
According to available sources and statistics only some new products and startups will succeed on the market. In this article I share my observations from everyday work with international and local startups about what are the prerequisites for those who want to achieve prosperous growth. ……
Developing a business model of an online video maker platform. Interview with Olga Mirković Maksimović, COO of Videobolt.
Videobolt is an online video maker and video editing platform that allows amateurs and professionals to create, customize, brand and personalize professionally designed animations. In this interview I talk to Olga Mirković Maksimović, the COO of this fast growing startup about the story behind this business success.
Building a business model of a tech skills platform. Interview with the Hub21 team.
The world has been changing faster than ever due to improvements in technology sector. However, schools face the challenge to catch up with technology education and there is a shortage of trained teachers in this area. Today I talk to the founders of Hub21 – a platform which aims at connecting today’s technology producers with tomorrow`s in order to empower them with Coding, Game Dev, and Creative Tech. Didem and Sylvain share with me the story of how they worked on the business model of their platform.