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Funding your dream from your own pocket brings operational tenacity to any venture.
Startups have always been trying to balance establishing a solid market while maintaining a modest budget. Thus, most founders are always searching for strategies to expand efficiently and steer towards success – keeping the RoI in mind.
So why are we bringing the concept of remote work for efficiency in the first place?
Isn’t office work and collaboration better than remote zoom calls and a scattered workforce?
Is this not blatant disregard of conventional wisdom?
Remote work can offer more than freedom and flexibility over your working schedule and location – it can even help your bootstrapped business while cutting down the costs usually associated with new ventures.
Let’s assess a fact—
A study done by Biteable on working from home statistics found that overall, employees are less likely to perform a total of 8 hours from the office (12%) than they are from home (14%).
Around 18% of people work remotely full time, with more than 4.3 million people in the USA constituting 3.2% of the entire workforce.
Coming to part-time remote workers, a majority of 57% work remotely the majority of the time, 27% half of the time, and 18% for less than half.
Quick Plug: Netsmartz provides offshore software development services to all companies and industries on a team-based model. To deliver high-quality products, we have a diverse team that encourages innovation and solves problems creatively.
What Makes A Successful Remote Agile Team?
Research says that more than half of U.S. workers would like to work from home full-time even if the pandemic is over. Efficiencies can be attained through remote work if companies figure out how to do it. The companies that have successfully transitioned from in-person to remote work share several traits.
Here are the top 7 features for successful remote agile teams for your bootstrapped startups—
Over the past century, time spent at work has been a critical indicator of how hard a person works. It does not work in a remote environment. Invasive monitoring systems are most likely to keep employees accustomed to working in a personal environment.
Companies must set realistic expectations for the employees from the beginning. Once they know what they are expected to do, feel free to make them successful. Successful virtual teams place little value on the time tracked and instead focus on results. The transition to a results-oriented work environment begins with realistic expectations.
Believing in the Team
Creating a remote product team is more than just setting up technology tools and getting back to regular work. Trust your employees and get the job done without supervising them. It is crucial to the success of the remote team.
Employees must trust that their boss does not have close control. Managers must also believe in the ability of employees to produce quality work. Take a step back and let you prove how talented, devoted and diligent they are.
Making Employees Accountable
By letting go of the need to control every movement of their employees, remote companies can increase productivity and employee engagement. Accountability is about allowing employees to take ownership of their work and their role in the team. And when employees manage their work, they feel motivated to do their best.
However, building a culture of accountability begins with prioritizing keeping the team happy and making them feel listened to and respected. Businesses must communicate with team members and give them control over their performance. Set project milestones and benchmarks to quantify desired results.
Flexibility is an essential principle of remote work. Companies with successful remote agile teams have discovered this. They will be happier members of your team when you give your employees the freedom to integrate their work and when they think it is appropriate.
Consider providing a flexible schedule and be open when employees find a new way of working that suits them best. Encouraging asynchronous and synchronous communication also helps reduce the burden on workers who interact with their children and family at home.
Making Communication a Priority
Without an office, you cannot walk over to a colleague’s desk and ask a question or explain a project’s details. Thus, successful outsourcing teams recognize the importance of communication in a remote environment and plan accordingly.
Effective communication should be your team’s top priority. However, it is essential to establish rules and norms for different forms of communication. Use communication tools like instant messaging, email, and video meeting platforms to keep your team or clients in the loop for effective development results. Your communication must be conscious and practical.
Having Shorter Meetings
It’s easy to imagine that the team needs a more extended meeting to make up for face-to-face lost time. However, the increased time taken for this long meeting does not only negatively impact employee productivity. It also takes time for employees to focus on their actual work.
Microsoft’s virtual team has found a new way to hold meetings to support rather than interfere with the work of team members. After working from home, the total time spent in meetings has increased by 10%, but sessions have been shortened. Plan your meetings wisely and reduce the number of panels you don’t really need.
Bringing People Together
Your business is virtual doesn’t mean you have to give up on face-to-face interactions. Remote workers need to plan how to connect to bring team members together.
Employees feel included and valued by doubling efforts to celebrate birthdays, milestones, and achievements, even if they can’t celebrate directly. Other employee activities such as virtual happy hour and meditation classes support the health and well-being of the team. This indeed leads to their work.
Building Your Successful Remote Team
Every company works hard to find effective ways to integrate remote work. Your virtual enterprise environment is yours, from the communication tools of your choice to the flexibility you provide to your employees.
As a remote worker, you might wonder what it takes to succeed in the digital world. Learn from the experience of others and seek help whenever you need it.
To Wrap Up
Embracing remote work for your startup is undoubtedly a smart move if you want to achieve greater success.
While remote work is showing no signs of slowing down, it is gaining momentum and is on a meteoric rise. The reasons or benefits mentioned above help attain a tangible side of a successful bootstrapped business.
Remote work is considered the best fit for every business, especially startups, to attract clients, scale, and create a brand value and reputation.
Funding your dream from your own pocket brings operational tenacity to any venture. Startups have always been trying to balance establishing a solid market while maintaining a modest budget. Thus, most founders are always searching for strategies to expand efficiently and steer towards success – keeping the RoI in mind. So why are we bringing… Continue reading Reasons Why Remote Teams is the go-to choice for Bootstrapped Startups
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