Features
As any startup founder knows, there’s an ongoing battle that you wage with yourself to do with staffing. More specifically, whether and when to staff up – or to keep trying to spin all the plates yourself. When you’ve grown a business from the ground up, it’s hard to pass responsibility to other people. In fact, I’d liken it to a kind of bittersweet grief; I’m happy things are going so well but it is hard to take a step back and hand the reins over to someone else.
Starting a business is not always easy. But scaling a business, any business, often brings many more challenges than actually starting one. A typical small business is quite simple, bat as that business grows it becomes more complex and has more moving parts which become ever more complicated to coordinate.
We’ve all heard about the ‘Great Resignation’: a mass exodus of employees worldwide, caused by a rapidly changing working landscape and general pandemic fatigue. In the UK, almost a quarter of workers say that they are actively planning on quitting their jobs in the next few months, while job vacancies are at the highest level since records began.
It is no secret that the global pandemic has shifted consumer spending habits, with more and more people opting to shop online. What is different about this shift however, is where people are buying from. With the number of social media platforms available today, it should come as no surprise that there has been an increase in purchasing directly from these sites. According to research, social commerce sales will continue to rise by 35.8% by the end of 2021. Despite this, many businesses have failed to recognise how impactful price optimisation can be on social commerce, and if used correctly, how it can help retailers capitalise on the increasing popularity of social commerce.
As we marked National Work Life Week last month, it became clear that work-life balance is a value not everyone shares equally. According to a new poll carried out by the charity Working Families, 41% of working mothers say being a parent is holding them back from promotion at work – and 50% of people with caring responsibilities (such as looking after an ill or elderly relative) feel the same way.
Consumer technology products, such as laptops, are increasingly difficult to differentiate. Operating systems aside, most laptops are of similar size and shape and offer broadly the same functionality. Clamshell laptops typically combine a display, a keyboard, and a trackpad – with few aspects that really distinguish models from competitors.
The life of an entrepreneur, especially in the initial stages of founding and growing a new company, is often marked by long, gruelling hours spent working alone. Though being your own boss is one of the main attractions to starting your own business, it is an inherently risky endeavour that can leave you making critical decisions alone, and ultimately shouldering a lot of responsibility.












