The COVID-19 pandemic has changed the world irrevocably. Things will never be the same. Still the planet and its citizens are adapting to these new challenges to varying results. While the deaths, lockdowns, and economic results are stunning, there are also benefits to the changing landscape of life. The situation must be viewed for what we can make of it, not for the obstacles. Start-up companies are doing this better than most, by adapting in response to the challenges.
Going Remote
While the COVID-19 virus has made it difficult for companies to conduct in-office business, it has also massively lowered the overhead of these businesses. The money companies are saving on property alone can go up to the millions.
It doesn't just save money on real estate, remote work has shown that employees are more productive. They save time on commuting and are comfortable in their own space. With technologies like Zoom conferencing and other telecommunications, the work can get done even though everyone is in separate locations. Overall, going remote improves productivity and efficiency while greatly lowering the overhead.
Hiring the Perfect Person for the Job
With no reason to require people to come into the office, this opens up the possibilities of hiring. Now employees don't have to be in the same place as the rest of the company. There is no reason not to hire the right person for the job, wherever they are. Start-up owners are utilizing PreSearchInc.com to conduct background checks. They are also forced to show due diligence when it comes to prior employers. As there becomes no reason to settle for less, start-ups are finding that they can hire the most skilled and hard-working person for a particular job.
Smaller Teams
By going remote and hiring the best people for the job, start-ups are cultivating small, trusted teams that lower overhead and provide the ability for employees to grow with the business. When employees feel akin to the company, they will take pride in it and work to become a leader in the start-up. Employees who can handle multiple tasks at the same time will carve out new roles for themselves and help the start-up to grow. Smaller teams lead to growth in a small business that can lead to it becoming a big business.
Getting to Know the Team
As start-ups have more time and less employees, it is easier to create a company culture that is cohesive, dynamic, and trusting. When managers trust their employees, the team performs more efficiently and you'll have a better understanding of each other. With a more compatible company culture, the business can be singular in its efforts and work towards progress that will help everyone make more money and pursue goals.
Using Technology to Pivot
Businesses all over the world are forced to pivot in response to both COVID-19 and the usual challenges of owning a company. Whatever field they're in, people are forced to physically distance and live life the best they can. Technology offers a lot of opportunities to transition. The revenue of so many businesses have suffered, but all kinds of companies are adapting to this new normal. Whether its start-ups innovating their products with technology or finding new services amidst the pandemic, the world is evolving because it has to.
Life won't stop. People are going to live, but they are trying to do so the best they can. Business will be forced to continue. If we don't find ways to adapt to the world as it changes around us the economy, and mindset of the people, will suffer greatly. Start-ups are seeing these challenges and adapting to them accordingly.
While there are so many negatives and drawbacks that come with the COVID-19 pandemic, opportunities are arising. Technology is advancing even more because it has to. Companies are utilizing these opportunities to the best of their ability and innovating in the best ways they can. Out of every tragedy there is a silver lining and as a society we will be forced to embrace them. There is no way out. If you have a dream or want to start a company to reach your goals, there is no use in waiting.
Ryan Beitler is a writer and blogger who has written about tech for a variety of publications. He has also written for The Slovenia Times, Paste Magazine, Deadline News, and more.
