The overall market for online work was over $1 billion in 2012 and the top companies in the space (Upwork, Elance and Freelancer.com) are growing at 60-100% per year. As this market evolves, it’s fragmenting into different types of online work, each with a specific purpose and value proposition.
Let’s take a look at the different types of online work:
The concept here is that multiple people work small tasks. The payment for an individual task can be as little as 1 cent. Some examples include: finding company contact information, transcription or really any task that can be done by multiple people at the same time.Read More
There is a huge debate right now about whether working from home can be effective.
On the one side of the debate: Marissa Mayer (CEO of Yahoo) recently told her workers that they are no longer allowed to work from home. Michael Bloomberg (mayor of NYC) has said that working from home is "one of the dumber ideas I’ve ever heard".
On the other side are companies like 37signals (of the project management software Basecamp), whose founders wrote a bestselling book called Remote about the remote working phenomenon. Richard Branson also talks in his blog about how "one day offices will be a thing of the past".
When starting a business, if there is one thing we can learn from successful CEOs — aside from having a killer product like the iPhone, or an incredible marketing that can convince people that it’s okay to spend $4 on a cup of coffee—is that recruitment may be the most important skill to have.
Most successful CEOs are great recruiters.
Take Starbuck’s Howard Schultz for instance, who now employs more than 150,000 employees, or “partners” as he calls them, to operate a massive chain of 20,366 stores all over the world. From a small roasting business in Seattle, Howard Schultz transformed Starbucks into the largest coffeehouse company in the world. He did it in less than a decade, and he did it with lots of help.
Here are some recruitment tips we've gathered from the world's best CEOs.
"Hiring people is an art, not a science, and resumes can't tell you whether someone will fit into a company's culture. When you realize you've made a mistake, you need to cut your losses and move on."
Chairman and CEO of Starbucks
These are some practices that we have found effective when managing staff from the Staff.com platform. There is an initial learning curve to overcome when dealing with completely virtual staff, but it’s worth it! The benefits are very significant when you get everything set up correctly. Read More