How To Run A Million Dollar Virtual Empire

How To Run A Million Dollar Virtual Empire

Original post by Hloom

Are you thinking about starting a business this year? So, what’s stopping you? Nowadays, you don’t need a brick and mortar location, which makes business ownership more affordable and accessible than ever before in the history of entrepreneurship. Not only that, by avoiding the problems that come with the traditional central building or office space, you may end up with some pretty impressive profits, too.

Sure, we get it – sitting in a fancy office in a city brownstone may sound romantic and oh-so commanding – but it’s simply not necessary in these ultra-connected technological times. If you must have a central headquarters, though, a virtual business will enable you can scale it down to a more reasonable size and price. And thanks to modern technology, communication and collaboration is easy and efficient.

A virtual company will not only lower your real estate costs, it will help you reduce employee hassles by utilizing freelancers who can’t wait to get to work. Find out how to enhance business continuity by spreading your workforce throughout the globe. If one area experiences some sort of outage, you’ll have other workers to fill in for them. In addition, employees who have flexible work hours are much happier, meaning they’ll stick around, so you won’t have as much worker turnover.

Nothing comes without a price, and virtual businesses still have their obstacles. Learn how to overcome the most common of them, including communication problems, project organization kinks, and management issues with long distance workers. Again, technology is your friend, and all you have to do is know is what is available today to help you. As virtual business technology progresses, your daily operations will become streamlined and profitable, too.

Virtual means exactly what it sounds like, so this is where investing in, and leveraging technology are invaluable. Let’s look into the best tech to make the process run smoothly, from Google Drive to Skype and beyond. You’ll learn how to take your time and your tools, combine them with a self-motivated team, and come up with a virtual business that commands attention, no matter where you run it. Are you ready to make millions in your pajamas? Let’s get you virtually victorious.

How-to-Run-a-Million-Dollar-Virtual-EmpireJoin our Berlin TechMeetups Drinks & Demo Night! #TMUdrinks @ Betahaus, Prinzessinnenstraße 19-20 , 10969 Berlin, Germany, Wednesday, 25 February 2015 from 19:00 to 21:00 (CET)

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