Back

Hari kiran

Insight guru • 27d

lohith pasunuri Loved that, you are ready to deal with your employees in a positive way to upgrade their skills and use it for the company itself. However, equity distribution isn't the only way always. There are ways to make the employees stay in the company. Long term contracts, giving an idea of road ahead with the company, performance based incentives and there's are more to consider. *Regarding jumping or not jumping into the price war is always a turmoil for the founders. The catch is to make a decision whether to pay the volume game or the margin game. There's no good or bad move but the move should be decisive and ready to pivot if needed. Adhering to one decision -> giving it time ->regularly checking is impact -> making further decisions whether to continue or not in the same way. This approach makes it more effective rather than sticking to one and reluctant to pivot whatever the consequences.

Reply

More like this

Recommendations from Medial

Vikas Acharya

Building WelBe| Entr... • 5m

From a Pivot to Building a great company!!

Reply
4

Account Deleted

Hey I am on Medial • 3m

I’m sure this news will get buried, about what I just read about work culture in big tech. Could employees have handled the situation better? Absolutely. Could the company have communicated its decision more thoughtfully? Also yes. But when a compa

See More
Reply
13
Image Description
Image Description

Vikas Acharya

Building WelBe| Entr... • 7m

ESOP (Employee Stock Option Plan) What it means: A plan allowing employees to buy shares at a discount. Why it’s important: Motivates employees to stay and grow the company.

3 Replies
3
10
Image Description
Image Description

Abhay narayan Singh

Hey I am on Medial • 11m

Not addressing customer grievances is also a way to reduce support employees

3 Replies
1

Satyam Kumar

"Turning visions int... • 2m

Every time there's something nice, we find a way to spoil it

Reply
4
Image Description
Image Description

lohith pasunuri

Try it!!! • 1y

Hi everyone, Im lohith , I’m exploring the possibility of building a mobile app and iam looking for a skilled co founder To help me bring it to life. If you have the expertise to develop a mobile app from scratch, then let’s connect.

2 Replies
4
Image Description
Image Description

Bhavay Sachdeva

Be real • 6m

can someone tell the fastest way to register a company?

5 Replies
3
Image Description

Nandha Reddy

Cyber Security | Blo... • 7m

founders can't always be right ✅ while implementing their product. the users may use it differently too.. we should have guts or decision making skills to pivot ASAP!. Eg: A great example of this is Instagram: When Instagram was first launched in

See More
2 Replies
6

Download the medial app to read full posts, comements and news.