Do you have any business tips you wish you knew when you started out?

almost 7 years ago from Ivan Bjelajac, Co-Founder @ Bien /

  • Gavin JonesGavin Jones, almost 7 years ago

    Sign-off is irrelevant if it isn't meaningful.

    Link product requirements contracts to a payment schedule in order to receive meaningful sign-off.

    The higher level of contract sign-off required (CTO/CEO), the more diligently the project staff will work with you to run the project on time and on budget.

    Work to frequent milestones, with each milestone requiring payment.

    Take how long you think the project will run and add on 30%.

    Work with freelancers/contractors before you hire for a position. A job requirement is fine, but you'll quickly learn through the freelancers what's actually essential in the job...professionally and personally for the other team members.

    If you don't consistently recognise and reward your teams achievements, they wont stick around for long. Small gestures and simple words go a long way when people work hard to make your company a success.

    1 point