In an article published three years ago, a source cited that more than 60% of engineering and product professionals work remotely at least once a week. Together with other discoveries on work from home arrangements, the news article also mentioned how and why startups thrive with ease in the remote environment setting.
Fast forward to today, and things are drastically different in that both startups and major corporations have had to resort to letting leaders and staff workers operate in their personal spaces. If there’s anything we ought to pick up from history, it’s that major world events can alter change forever. Much like 9/11’s impact on airport security measures, studies say that many enterprises will retain work from home set-ups even when the pandemic waters down in the next few years.
Based on a survey run by weforum.org, work will most likely look different in many ways post-pandemic. Over 90% of respondents mentioned that they prefer a work-from-home option, implying that enterprises could require their employees to show up to the office only once or twice a week. And while it’s still too early to speak for sure, figures like these are telling. Workforces are suggesting that remote employment set-ups are doable, if not more sustainable.
Given all of this, studies reveal that startups hold more ability to ease into remote work much more smoothly than those in corporate settings.
Here are why:
- Remote work expands human resources.
When you run a startup, you must be more selective with the people you hire and collaborate with. Because remote work gives you access to talents worldwide, it becomes much more feasible to tap professionals and creatives regardless of where they’re from. That being the case, startups are more likely to thrive and work despite the distance.
It’s also no secret that businesses that hire remotely are more able to begin work faster.
2. Remote work embraces diversity.
When you hire professionals outside your bubble, you’re more able to penetrate countries, regions, and far-flung places you would have otherwise never thought possible. As a result, startups that practice these strategies help diversify collective opinion. So much so, Harvard Business Review shares that businesses with a more diverse set of leadership pools were more likely to develop innovative solutions and products than homogeneous management clusters.
Startup founders should definitely use this to their advantage.
When you hire a professional whose upbringing and experience is nothing like yours, you’re more likely to pick up a principle and lesson or two.
3. Work-from-home arrangements strengthen trust.
One major issue office bosses continue to deal with in today’s context is questioning whether their employees are productive. After all, when someone is sheltered comfortably in their own homes, how does one actively think of work?
This is where startup culture differs.
While many startups still observe traditional office situations, a lot of startups conveniently practice remote work processes. At the end of the day, the main concern should be if someone can deliver well and on time, not if they are busy every minute. Progress isn’t measured solely on what one does by the clock, and many startup founders understand that.
When you run a startup or a small business that operates remotely, you become more trusting of the people you work with.
4. Remote work improves flexibility.
Not too long ago, a source cites that more than 50% of full-time remote workers choose this kind of employment to augment a work-life balance. And although this balance is challenging, no matter what industry and enterprise type you work for, studies say that people who are more able to control how and where they work are more able to provide impactful results. Despite that, those who no longer have to brave traffic or wake up multiple hours earlier to get from one point to the next enjoy an easier transition from work to leisure.
5. Improved savings on logistics
Startup leaders know full well how every cent counts when it comes to funding. Leaders need to understand how to budget accordingly to maximize the most out of every transaction. Whether for salaries or for raw materials, every single penny needs to be accounted for.
In remote work settings, startup founders are immediately stripped off the obligation to rent an office and pay for their talents’ devices, although the latter will depend on individual arrangements. And though saving money isn’t always the primary reason for remote work arrangements, it certainly helps.
Conclusion
The pandemic may have halted many operations and disrupted many industries, but the startup community, in general, remains strong and able. Considering how the digital space is in glorious, full force, it’s become much easier to source talent and take off with projects.
Are you thinking of building a startup? We can help! Contact us now, and let’s make it happen!
