With “lean startup” being a catch phrase nowadays, more and more entrepreneurs are realizing that it’s possible to build amazing products, get them to market, and start bringing in profits fast with the right bare essentials.
Don’t get us wrong, at Upstack we are about building high value, high quality products that the end user will love – so when we say bare essentials, we don’t mean cutting corners. You can read more about our thoughts on the minimum viable product here. But that concept is only one reason why software projects and distributed teams a match made in tech heaven. Keep reading for more awesome reasons why the tech industry is embracing the remote work force with open arms.
The tech industry is competitive and finding the best talent is crucial to staying competitive, being open to remote candidates dramatically widens your talent pool from talent that is locally available and more than likely really expensive to talent all over the globe. We could say this a thousand times, but the proof is always in the proverbial pudding. Some of today's top tech companies use distributed teams, we did a round up of a few big ones in a previous blog post.
Everyone wants it, but what people fail to realize is when you stick to your local area, the odds of hiring people just like you go way up. Opening up to the global workforce almost ensures that you will be able to put together culturally diverse teams. And diversity deepens creativity, by bringing together new, different ways of thinking, even different takes on aesthetics can make for a much more well-rounded, interesting and well thought out product.
With technology constantly evolving, new and highly specialized skills may be required quickly, and our process of finding talent has been proven to be a viable solution by providing rapid access to talent. Prior to the advances in technology that has facilitated telecommuting, accessing new specialized skills would either result in increased cost due to high demand for those skills or delays that would be due to recruitment and logistical constraints.
Reduced cost and Scalability
The US job market sees recent tech graduates demanding 6 figures to start and while fully funded startups who have more money than they know what to do with, think Slack, may not blink twice at that sort of salary requirement, there are others out there without that kind of funding who still have product ideas that can have major impact. Being able to hire great talent at a price that is fair to the talent but also gives the young start up breathing room to grow is a win-win for everyone.
It has been proven that remote workers, who have the flexibility and freedom to work from wherever they choose are happier. And happier employees are always more productive. As a 100% distributed company ourselves, we have seen time and time again, that if you hire right – giving workers flexibility and freedom results in high levels of productivity. Remote workers are also usually well versed in Project Management processes by necessity. This discipline also increases productivity. Members of a distributed team who don't have the benefit of walking down the hall to get caught up on a project with a colleague are usually very disciplined in these processes. The stakes are heightened knowing that missing one step could slow the progress for an entire team.