article thumbnail

7 Risks Of Not Leveraging Team Member Data Analytics

Startup Professionals Musings

Even after many years mentoring entrepreneurs and advising businesses, I continue to be surprised by the primary focus on products and processes, and the often incidental attention to hiring and nurturing the right people. Almost any startup can start with Excel, and move to open-source data analysis tools, including Python or RStudio.

Analytics 303
article thumbnail

7 Risks To Avoid In Your Business People Management

Startup Professionals Musings

Even after many years mentoring entrepreneurs and advising businesses, I continue to be surprised by the primary focus on products and processes, and the often incidental attention to hiring and nurturing the right people. Almost any startup can start with Excel, and move to open-source data analysis tools, including Python or RStudio.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

8 Tactics To Make You A Fearless Business Innovator

Startup Professionals Musings

If you can’t measure it, you can’t manage it. Your challenge will be to break down silos, manage diverse and inclusive perspectives, and capitalize on cross-functional insights. Be sure to hire and cultivate new talent with the right mindset. Define realistic metrics to keep track of progress.

article thumbnail

9 Success Principles To Propel Your Next New Venture

Startup Professionals Musings

Minimize permanent hiring and customized operational facilities. In this age of the gig-economy, you can more quickly hire and manage freelancers, contract workers, and contract operations. Every new business has unexpected pivots and adjustments, and outsourcing is easier to manage.

Merger 386
article thumbnail

Why You Need Tools And Analytics For Employee Metrics

Startup Professionals Musings

Even after many years mentoring entrepreneurs and advising businesses, I continue to be surprised by the primary focus on products and processes, and the often incidental attention to hiring and nurturing the right people. Almost any startup can start with Excel, and move to open-source data analysis tools, including Python or RStudio.

Analytics 245
article thumbnail

How to Choose a Programming Language as a Tech Startup

The Startup Magazine

Additionally, the language you stick with will affect your options if you need to hire new team members. That said, it’s generally wiser to stick with freelancers when hiring. Remote developers are statistically more experienced and you can hire based on their proficiency instead of proximity to your office. Open Source Code.

article thumbnail

The Best Ways to Save Money as a New Startup

ReadWriteStart

Adopting a fully remote model means you’ll be able to hire people all over the world, greatly increasing your potential talent pool. Team management, collaboration, and communication can be more challenging, but these are becoming easier as our work norms shift. Only hire new people when you truly need them.

Startup 106