Entrepreneurship In A Box

It’s not too long ago that most colleagues would work in the same town and building, and perhaps even live close to one another.

But technological advances and different business models mean that many firms now operate effectively with remote teams — members live in different cities or nations yet work closely together most days.

Remote workers can be more productive, and there are significant savings on overheads like office rental — but there are a few attendant pitfalls to avoid.

So here are five tips for running a remote team smoothly.

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Peer support has been found to be an effective method for encouraging healthy behaviour change. Sustainable behaviour change is social in nature. Individuals are heavily influenced by their peers and the behaviors of members of their community. However, encouraging collective behavior change does come with its own considerable challenges.

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As an entrepreneur, from time to time you need to take a step back and evaluate whether your business achieved the milestones you had set earlier in the year. You can look at what worked and what didn’t and use that experience to grow the business even more in the coming year.

A business’ success or failure is heavily dependent on the people running it. So part of your annual retrospection must include performance reviews for your staff. What did you expect from each employee and did they deliver? The following are some tips on conducting effective performance reviews.

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