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Showing posts from December, 2020

3 Mistakes Startups Make That Hinder Their Growth

In the startup culture that of today that encourages newer ideas and execution, starting a business can be an exciting decision. But then comes the reality: There’s a big difference between starting and growing a business. The latter is much more challenging – and that’s what many entrepreneurs struggle with. In that context, here are three mistakes startups make that hinder their growth:  1. Hiring the wrong people A company will be only as good as the people working there. Sadly, so many startups have a flawed recruitment process. They focus more on the person’s CTC over talent and pros they bring to the table. They focus on the wrong and outdated metrics and factors when hiring someone. Don’t be one of them! Improve your recruitment process. For the starters, hire a reliable recruiter who has experience of working in your industry. And then set your priorities correct as to what kind of person you want to add to your team. In short, spend more time in this department and be more car