In Case You Missed It: Launch Links - August 2021 #3

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Some interesting links we found across the web this week:

How To Scale A Startup Team
While sometimes it’s easy to hyper focus on a single path for success, startups have varied purposes and ultimately, varied objectives, which sometimes don’t align with achieving a valuation of more than $1 billion, the standard definition for a “unicorn” startup company. This article by Maija Palmer explores the paths that successful startups can take as they strive to achieve their own individual goals.

Maintaining a Sense of Urgency in Early-Stage Startups
Being proactive and diligent in reaching for your objectives is key to a successful startup. However, it is difficult to maintain a proper level of urgency in a company that won’t eventually deteriorate the morale of the office and lead to burnout. Noa Matz, an Operating Partner at F2 Venture Capital, provides four tips for maintaining a productive and durable level of excitement and energy in early-stage companies.

How Do You Know You Have Too Many Competitors?
The startup market is filled with so much competition that it might be difficult setting yourself apart from your competitors. The amount of competitors can even deter some would-be entrepreneurs from starting up and promoting their product or services at all, given the fear of being stifled. This article by Brett Fox provides insights into how to navigate the competition in order to ensure your product and services stand out. These insights include committing to developing and executing a plan of action and choosing the right market for your product or services.

How to Fairly Hire Freelancers From Developing Countries
As a startup, it’s important to be able to grow your team with the best talent available. One key to getting great talent is to keep your potential talent pool as large as possible. After you onboard the right individuals for your team, it is then equally important to maintain good relationships with those individuals and treat them fairly. This article from Entrepreneur discusses a large pool of talented individuals that are often overlooked, freelancers from developing countries, and discusses ways to treat these freelancers fairly and ethically so they can serve as important and vital members of your team.

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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