Should you accept cryptocurrencies in your business?

Hiring, Management, Team, Uncategorized, Values
Do you have a business? How does it sound to earn between 2 and 5% more per transaction with money that is revalued instead of money that is devalued? That is what it means to add cryptocurrencies as a method of payment. We will see the good reasons to accept this payment method. The cryptocurrency market has grown noticeably this 2017 and are playing a important role in the evolution of online shopping. More consumers are looking for retailers to accept digital currencies, which motivates many business owners to get on board to stay ahead of their competitors. Like any new technology, there are obvious risks associated with digital currencies. The biggest is that they are still a new concept for the public and are widely unknown to many people.…
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Habits of successful entrepreneurs

Hiring, Values
Being a successful entrepreneur is a lifestyle (no matter how cliché it sounds); It is what is required to adopt certain habits that, in the long run, will make the difference.   Wake up early: Most of today's most successful business leaders wake up before from 7 in the morning. This helps them to find more time for themselves during the morning and to be more prepared for the tasks that lie ahead.   Do not obsess over the email Take your time to check email, regardless of whether you need to do it once a day or once every two hours. If you do not pay enough attention to your inbox, your communication will be neglected and this will make you lose business opportunities and gain more than one…
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<span class='p-name'>Proper Startup Planning</span>

Proper Startup Planning

Hiring
  Proper Startup Planning 'Proper Startup planning! Definitely, you mean the business plan.', said the reader.  Well, not exactly. The following lines will present a concept that is contrary to the usual concepts that people learn in business schools. When we learn something new and more realistic, we have to make it clear that we owe credit to the person who taught us this.  In our case, he is Steve Blank. The following lines will illustrate a new perspective on business planning. The traditional concept  versus the proper startup planning: We learned at the Faculty of Commerce, and everyone had a concept that the first thing one should do when starting a business is writing a business plan. The more the business plan fits reality, the more business become successful,…
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<span class='p-name'>Interview Questions Startup Needs</span>

Interview Questions Startup Needs

Hiring
Interview Questions Startup Needs This article shows the reader  some questions the entrepreneur can ask the candidate during the job interview. 24 sample interview questions startup needs. They are necessary for each entrepreneur.Adaptability - Interview Questions Startup Needs Generally:You work on a task seriously, then someone asks you to change your priorities and perform the task in another way. How do you deal with this situation?Which of the direct managers you found working with is easier? And with whom do you find working is more difficult? And why?What kind of problems did you encounter when moving from job to job?Fresh graduateMoving from school to university is always a big change. How did you find it?Administration skills/management Generally:What is the most you liked about your previous job? What is less that you liked in…
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<span class='p-name'>Hiring Top Startup Talents</span>

Hiring Top Startup Talents

Hiring
Hiring Top Startup Talents Usually, an entrepreneur has a technical experience in a specific field. He knows more than enough about stuff that makes him a good employee. However, having a startup forces the entrepreneur to go outside his comfort zone, especially when it comes to hiring top startup talents. The entrepreneur is always looking forward to Hiring Startup Talents. Yet, lack of experience and interest in networking with others is an obstacle.First, lack of interest in networking with others. An Entrepreneur worries a lot for several reasons; he can't hire someone he doesn't trust. It is difficult to trust someone he doesn't really know. He can simply ask others to nominate a designer. As a result, he receives the same response; 'I'm not sure, I know a designer, but…
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<span class='p-name'>Paying First Employees</span>

Paying First Employees

Hiring
Paying First Employees Paying First Employees is a critical task. A Startup is not a magnet. Some candidates lose enthusiasm when they recognize that the company is new. So, entrepreneurs are thinking about ways to attract talented people to the company. When they like somebody, they want the company to profit from his experience. But they cannot offer him a big salary to attract him. Consequently, while they don't have a proof that this person will be good for the company, they think that the right way is to offer him equity. This is not the right way of paying first employees. In a previous post, we answered the question of when to hire the first employee? We recommended that an entrepreneur should execute all tasks by himself in the…
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<span class='p-name'>Interviewing Startup Candidates</span>

Interviewing Startup Candidates

Hiring
Interviewing Startup Candidates Interviewing Startup Candidates is a critical task. To select the right candidate for the startup, an entrepreneur needs to have a clear job description for the job this candidate will do. When the job description has clear tasks, the interview becomes effective and productive. But when the entrepreneur doesn't have a detailed and clear job description for the candidate, the interview will produce vague results.Values Vs. ProductivityA lot of  entrepreneurs don't have experience in Human Resources Management. Consequently, the personal judgment of the entrepreneur plays a major role while Interviewing Startup Candidates.  While Interviewing Startup Candidates, the entrepreneur will be whether driven by his own system of  values or critical thinking. Accordingly, we find that the entrepreneur chooses the candidate driven by one of the following motives:An…
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<span class='p-name'>Hiring Your First Employee</span>

Hiring Your First Employee

Hiring
Hiring your first employee must happen at the right time, not early nor late. Some entrepreneurs think that the only thing they need for success is money. They believe that if money is not there, they will fail.  When they don't have money to hire,  they wonder how it is possible to start a company without first hiring some employees. Therefore, when they have money, they take early action at the wrong time. Those actions become mistakes which lead to the failure of the company.  This scenario is very common in the Gulf states. One may admire the spirit of entrepreneurship in the Arabian Gulf.  Entrepreneurs of the Gulf states are fascinating.   However, there are those who make mistakes, but this is normal. Successful entrepreneurs learn from their mistakes .The…
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<span class='p-name'>Steve Job’s Hiring Philosophy</span>

Steve Job’s Hiring Philosophy

Hiring
Steve Job's hiring philosophy isn't unique. Yet, effective. It is not unique because it is a result of a practical experience. A practical reaction to what was happening daily. He got this experience after he tried and failed to hire the right candidate during the startup phase. Steve Jobs figured out that the common hiring rules applied to hiring didn't serve the purpose of Apple. He decided not to stick to the rules and figure out by himself what to do. Based on the results he got, he decided to try something else. He knew the attributes of a good  manager very well. They are not necessarily usable in a manager with a 5-page CV. In most of the scenarios, they are available in a candidate  who had never been a…
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