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3 Models of Success in Online Entrepreneurship: Great Advice for Emerging Startup Leaders

Building a successful and profitable startup company in the world of online entrepreneurship is a demanding task. For some companies, however, the key to success was not the amount of financial support, but the power of innovation and foresight. Aiming for an international level of success, the following startups serve as strong models of success in the field of online entrepreneurship. Though these companies have only been established in the last few years, they are already setting a high standard for emerging startup leadership who wish to follow in their footsteps.

 

 

Personal Connections to Clients and Potential Customers

In some cases, the most profitable startups have succeeded not only because of their innovative ideas, but also because of their skills in building genuine connections with their client base. Clients today are seeking to work well within tight market niches, and as such, many have found the tools from the marketing start-up Yodle to be very useful. This company gears their services towards niche markets, providing highly-individualized programs and products for companies looking to reach a small, yet vibrant, intended audience. The company works closely with employees at the client company to design special marketing strategies that address the particular needs of their niche. Yodle staff, offices, and departments all work together in order to provide a service based upon personal connection – which, despite their client base of over 30,000 customers, still operates in the personal manner in which it worked during its humble beginnings.

 

 

 

Ease of Operation: Startup Ideas that Boost Productivity

Your own struggles and frustration with starting your own business could be a place to start a new venture. At the company Licenses 123, entrepreneurship leaders recognized their own difficulties in determining what permits, documents, licenses, and forms are necessary in order to operate legally. Further complicating the process was that their clients operated online with an international audience. Thus, companies needed precise information about changes in these regulations across particular states, provinces, countries, or regions. Building off this startup idea, Licenses 123 has created a database which you can visit and – almost immediately – determine what is necessary for establishing a small business based upon a particular location, and fill out these applications directly from their website.

 

 

 

If you are currently struggling to maintain overhead costs within your home country and are thinking about establishing headquarters abroad, there are many strategies that you can adopt to refocus your limited funding on what matters most. By basing your company’s administrative hub abroad, such as at one of these office space for rent in Kuala Lumpur, an outsourced office administration company will manage your company at a lower price. If you find success in making connections for your own company abroad, consider a new effort for consulting and reference services for other businesses looking to follow a similar outsourcing path. Your firsthand ability to offer other companies possible answers and solutions to the difficult process of starting a business could prove extremely profitable for your company in the future.

 

 

Implementing Teamwork Skills in Novel Ways within the Startup World

The fantastic startup 15Five has reimagined the way in which employees work together to create a better business, introducing new communications pathways to management staff. Through their program, employees spend fifteen minutes each week to answer five questions about their work and productivity, as well as their personal happiness and satisfaction in the workplace. Then, their manager can track the team’s progress in anonymized, complete reports that are organized by the 15Five company. Additional startup ideas within this vein may consider inventing similar strategies that can be implemented in new workplace environments, or optimization for diverse companies that often work internationally on projects that cross national and cultural borders.

Often, we take for granted the ways in which our business lives are organized, and we never consider the new frameworks or perspectives through which our offices and technologies could be understood. By reassessing your company’s priorities and shifting your energy and funding into new idea development, you will be open to discovering new startup ideas that redefine the norms of the industry. Furthermore, you will have the resources and time available to implement these ideas and take your online entrepreneurship skills to the next level.

 

Advice for Emerging Startup Leaders

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