One of the most notable parts of startup culture from the outside looking in is trends. You know the stereotype of the startup CEO — he’s wearing a hoodie that probably cost hundreds of dollars and running meetings from a bean bag chair. However, trendiness isn’t always the right choice for your business. It can be good for your startup to branch out, but some risks aren’t worth taking.
How do you make that choice? Keep reading; we’ll walk you through 3 workplace trends to see if they’re worth the hype for your startup.
1. Do you need a ‘fun’ office? Probably not
We’ve all heard about Google’s legendary campus and the perks therein: free meals, massages, work out classes, and more. We also know not everyone can be Google. There’s always a lot of buzz about ‘fun’ office spaces. But are these benefits worth it? Increasingly, no.
In an article from Forbes, they found that workplace perks aren’t a top reason people enjoy working for a certain company. Quoted from the article, “Workplace perks aren’t…what make or break the decision for talent to stay and deliver great work. Instead, it’s the thought behind the workplace perks that counts.”
Don’t make flashy workplace perks a priority, especially if you’re a small business. Build your team carefully and treat them well, but don’t try to attract talent with superficial perks. If your team isn’t doing meaningful work or they’re not compensated fairly, a fun office won’t matter.
“The most essential quality for a good team is trust.” – Dina Kaplan
2. Keep boundaries as the boss
Another stereotype about startups is a more casual leadership style. CEOs and executive leadership are informal and don’t treat their team like subordinates, but instead, treat them like peers.
This leadership style encourages collaboration, which is definitely a good thing for startups. However, there’s a reason why businesses have traditionally been more formal. Setting boundaries in the workplace is a crucial part of your success, long term. If your team starts to view you as a friend, they might slack off or not take feedback seriously.
The key here, as it is for many things, is balance. Make sure your team feels comfortable bringing problems to your attention, and leave your ego at the door. However, make sure you are the authority figure for your team. You need to be able to inspire and lead, as well as focus and give direction. That beanbag chair might not do the trick.
This trend is becoming so popular, it might not be considered a trend for much longer and might just become a regular part of the workplace. People want more flexibility than what an in-office 8 to 5 position gives them. Millennials in particular, desire flexible work environments more than other groups, and they currently comprise more than half of the job market.
You need to weigh the pros and cons of flexible office hours to find out if they’re a good choice for your startup. Remember, it doesn’t have to be all or nothing here. You can compromise by instituting flexible PTO, leaving early on Fridays, early start/early leaving or vice versa.
You’ll want to work together in person on a regular basis, to encourage collaboration and establish company culture. But allowing people to work from home when they need it is a huge perk and will make a substantial difference to talent you want to attract.
Follow trends that make sense for your business
Trends become popular for a reason, but sometimes that reason doesn’t make sense for your startup. You need to use your better judgement and structure your company in a way that will sustain long term growth.
Establish firm leadership roles, allow flexible working hours up to a point, and make sure not to fall for the allure of ‘fun’ work places. If you make the right choices and think things through for your business, you’ll come out on top.
How to Launch Your Startup in 7 Easy Steps
We all want to manifest success in our lives. It fuels our desires to attain something. People perceive success differently as we have different desires. Some go after enriching themselves with material things to get financial freedom. Others study further to advance to the next level in their academic career. (more…)
3 Questions Your Startup Needs to Answer in Order to Maintain Focus
When I was a second lieutenant in the United States Marine Corps at 22 years old, one of my captains at The Basic School was a rugged Marine who’d been awarded the Bronze Star for defending an isolated combat outpost from repeated Taliban attacks. (more…)
How Your Startup Can Effectively Collaborate With Influencers
As a startup, your priority is to attract, engage, and turn potential clients into lucrative, long-term consumers. And the optimal way to make this possible is by incorporating startup influencer marketing.
Most consumer brands these days collaborate with influencers to grow their business. Why? Because these individuals have built a lot of trust behind them, they can promote your product or services to their audience and get them to trust your brand. This is a huge sales-driving strategy, especially for new and upcoming businesses. (more…)
12 Things That Will Help Build Your Brand Reputation for Your Startup
Brand reputation drives the success of businesses, irrespective of what industry you are in. Currently, there are approximately 543,000 startups every month. 70% of these do not survive beyond two years, 50% do not exceed five years, and a third fail to cross the ten-year mark. Only a quarter of these businesses can survive beyond 15 years. (more…)
Here’s How You Can Immediately Stop That Inner Critic in Its Tracks
11 Principles About Success From The Strangest Secret by Earl Nightingale
5 Ways to Avoid Being Just an Average Joe
7 Underrated Qualities Of Successful People
Turn Adversity Into Your Advantage
55 Inspirational Quotes That Will Change Your Life
(Images) 52 Motivational Picture Quotes For An Epic Year Of Success
30 Famous Quotes That Will Inspire Success In You
72 Positive Thinking Quotes For More Inner Strength & Growth
40 Rare Motivational and Inspirational Picture Quotes
3 Prince EA Videos To Change Humanities Path To Greatness
(Video) What Is Success? An Entrepreneurial Story To Inspire You
(Inspirational Video) What If Today You Knew You Were Going To Take Your Last Breath?
How To Make Enough Money From A Blog To Quit Your Job – Kate McKibbin
How Finding Your Passion And Becoming An Entrepreneur Can Lead To Happiness – Chiquita Searle
- Quotes4 weeks ago
25 Quotes About Resilience to Help You Bounce Back in Tough Times
- Motivation4 weeks ago
Why Isn’t Anyone Talking About These 4 Motivation-Boosting Techniques?
- Quotes3 weeks ago
28 Inspirational Movie Quotes That Will Teach You the Most Valuable Life Lessons
- Success Advice4 weeks ago
How to Lead in a Time of Crisis
- Success Advice4 weeks ago
The Four Ps That Influence Effective Negotiation
- Entrepreneurs3 weeks ago
3 Ways to Overcome the Fear of Business Uncertainty
- Life4 weeks ago
How to Think About Change and the Lessons It Teaches You
- Life3 weeks ago
Here’s What’s Really Holding You Back in Life and How to Get Past It