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6 critical considerations for your startup’s first office space

6 critical considerations for your startup’s first office space

Moving into your own commercial office space for the first time can be quite an exciting step in your entrepreneurial career. It indicates a coming of age for your new business, meaning it’s much more likely to expand and flourish. By accommodating more resources and staff in your new space, your business will be more productive.

Selecting the perfect office space for your business can be quite a challenging task. The space you choose might be a deciding factor in a number of other important decisions which will affect your business. For example, it will affect your office budget, the lease and rental rates, the accessibility and functionality of the space, utilities, and other unknown costs. If you are the owner of a startup and are looking to move into the perfect office space, here are 6 critical considerations you need to make before signing the lease.

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The Location

The location of your startup’s office is perhaps one of the most important aspects of your future business. If you intend to have your office space in the heart of the city or in an upscale neighborhood, you might attract customers with larger spending power, however, you will pay high leasing and rental costs, which might cause a dent in your resources. On the other hand, offices in less-upscale areas may offer lower rent but may not fetch you as many customers who have considerable spending power. Based on the nature of your business, it is imperative to make a call and arrive at a decision.

Lease and Rental Rates

Real estate rates can change over time and get you into real trouble. The last thing you would want is to settle down comfortably into your office premises, then find that your landlord hikes the rent at the end of the year and rents it out to someone else if you don’t pay more. Most office leases are for a minimum of one year and can go up to ten years. It is important that you prepare your rental agreements with caution and ensure that they give you a chance to renew. Although rental rates are generally negotiated when you renew your lease, you could consider an agreement in which the increase in rent is capped at a maximum of 5%.

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Infrastructure                

Infrastructure plays a huge role in determining the suitability of your new office space. The total cost you pay towards electricity, phone and internet services, heating, and air conditioning in an office space will be a considerable investment; therefore, you need to conduct adequate research to decide on which service providers you will have on board. You can get in touch with your landlord or the managers of the commercial spaces in your neighborhood to gain a perspective.

Accessibility and Transportation

Your office space should be within close proximity to your home in order to ensure that you and your key employees do not spend a lot of time in commuting every day. Ensure that your office is in the vicinity of metro stations or other public transportation options. Your office premises should be able to take care of the parking needs of both your employees and your customers. Locating your office space in close proximity to public transportation is necessary if you have limited parking space.

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Ease of accessibility will not only earn you loyal customers but will also help you to attract potential employees to work for you.

Designing Your Office for Maximum Functionality

You need to first understand which kind of office floor plan will best suit your business. Many recent, successful startups have adopted the open floor plan to foster employee bonding and team spirit. You could also consider open cubicles divided by partitions, which offer a considerable amount of visual privacy. Ensure that the windows are duly covered with blinds to filter the sunlight and to prevent outside noise from entering the office.

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Assigning adequate space to your employees is important. It is also important to set guidelines with regards to employees’ ability to personalize their work spaces. Make sure that your office has provisions for differently abled employees.

Exuding Your Brand and Culture

Your office represents what you do and serves as a fantastic branding tool. It should embody everything that your brand reflects. Branding your office will play into your work culture and reinforce the work principles your employees abide by. They should see your company’s brand all around them – from the location of the office to what they see when they walk into the office premises. Their work culture should be shaped by the brand they work for. This is also applicable to clients and customers who visit your office. With great branding, it will be far easier to gain customers’ confidence in your business abilities.

Office environments and cultures have witnessed numerous revolutions over the past decade, courtesy of the startup trend. Office spaces that create an aura of comfort and motivation have been successful in fostering loyalty among employees. It is up to you as a leader of your business to make these important decisions that will help your business flourish.

Featured photo credit: Bench Accounting via unsplash.com

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Last Updated on October 13, 2020

How to Get Promoted When You Feel Stuck in Your Current Position

How to Get Promoted When You Feel Stuck in Your Current Position

Have you been stuck in the same position for too long and don’t really know how to get promoted and advance your career?

Feeling stuck could be caused by a variety of things:

  • Taking a job for the money
  • Staying with an employer that no longer aligns with your values
  • Realizing that you landed yourself in the wrong career
  • Not feeling valued or feeling underutilized
  • Taking a position without a full understanding of the role

There are many other reasons why you may be feeling this way, but let’s focus instead on learning what to do now in order to get unstuck and get promoted

One of the best ways to get promoted is by showing how you add value to your organization. Did you make money, save money, improve a process, or do some other amazing thing? How else might you demonstrate added value?

Let’s dive right in to how to get promoted when you feel stuck in your current position.

1. Be a Mentor

When I supervised students, I used to warm them — tongue in cheek, of course — about getting really good at their job.

“Be careful not to get too good at this, or you’ll never get to do anything else.”

This was my way of pestering them to take on additional challenges or think outside the box, but there is definitely some truth in doing something so well that your manager doesn’t trust anyone else to do it.

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This can get you stuck.

Jo Miller of Be Leaderly shares this insight on when your boss thinks you’re too valuable in your current job:

“Think back to a time when you really enjoyed your current role…You became known for doing your job so well that you built up some strong ‘personal brand’ equity, and people know you as the go-to-person for this particular job. That’s what we call ‘a good problem to have’: you did a really good job of building a positive perception about your suitability for the role, but you may have done ‘too’ good of a job!”[1]

With this in mind, how do you prove to your employer that you can add value by being promoted?

From Miller’s insight, she talks about building your personal brand and becoming known for doing a particular job well. So how can you link that work with a position or project that will earn you a promotion?

Consider leveraging your strengths and skills.

Let’s say that the project you do so well is hiring and training new entry-level employees. You have to post the job listing, read and review resumes, schedule interviews, make hiring decisions, and create the training schedules. These tasks require skills such as employee relations, onboarding, human resources software, performance management, teamwork, collaboration, customer service, and project management. That’s a serious amount of skills!

Are there any team members who can perform these skills? Try delegating and training some of your staff or colleagues to learn your job. There are a number of reasons why this is a good idea:

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  1. Cross-training helps in any situation in the event that there’s an extended illness and the main performer of a certain task is out for a while.
  2. As a mentor to a supervisee or colleague, you empower them to increase their job skills.
  3. You are already beginning to demonstrate that added value to your employer by encouraging your team or peers to learn your job and creating team players.

Now that you’ve trained others to do that work for which you have been so valued, you can see about re-requesting that promotion. Explain how you have saved the company money, encouraged employees to increase their skills, or reinvented that project of yours.

2. Work on Your Mindset

Another reason you may feel stuck in a position is explained through this quote:

“If you feel stuck at a job you used to love, it’s normally you—not the job—who needs to change. The position you got hired for is probably the exact same one you have now. But if you start to dread the work routine, you’re going to focus on the negatives.”[2]

In this situation, you should pursue a conversation with your supervisor and share your thoughts and feelings to help you learn how to get promoted. You can probably get some advice on how to rediscover the aspects of that job you enjoyed, and negotiate either some additional duties or a chance to move up.

Don’t express frustration. Express a desire for more.

Present your case and show your boss or supervisor that you want to be challenged, and you want to move up. You want more responsibility in order to continue moving the company forward. Focus on how you can do that with the skills you have and the positive mindset you’ve cultivated.

3. Improve Your Soft Skills

When was the last time you put focus and effort into upping your game with those soft skills? I’m talking about those seemingly intangible things that make you the experienced professional in your specific job skills[3].

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Use soft skills when learning how to get promoted.

    According to research, improving soft skills can boost productivity and retention 12 percent and deliver a 250 percent return on investment based on higher productivity and retention[4]. Those are only some of the benefits for both you and your employer when you want to learn how to get promoted.

    You can hone these skills and increase your chances of promotion into a leadership role by taking courses or seminars.

    Furthermore, you don’t necessarily need to request funding from your supervisor. There are dozens of online courses being presented by entrepreneurs and authors about these very subjects. Udemy and Creative Live both feature online courses at very reasonable prices. And some come with completion certificates for your portfolio!

    Another way to improve your soft skills is by connecting with an employee at your organization who has a position similar to the one you want.

    Express your desire to move up in the organization, and ask to shadow that person or see if you can sit in on some of their meetings. Offer to take that individual out for coffee and ask what their secret is! Take copious notes, and then immerse yourself in the learning.

    The key here is not to copy your new mentor. Rather, you want to observe, learn, and then adapt according to your strengths.

    4. Develop Your Strategy

    Do you even know specifically why you want to learn how to get promoted? Do you see a future at this company? Do you have a one-year, five-year, or ten-year plan for your career path? How often do you consider your “why” and insure that it aligns with your “what”?

    Sit down and make an old-fashioned pro and con list.

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    Write down every positive aspect of your current job and then every negative one. Which list is longer? Are there any themes present?

    Look at your lists and choose the most exciting pros and the most frustrating cons. Do those two pros make the cons worth it? If you can’t answer that question with a “yes,” then getting promoted at your current organization may not be what you really want[5].

    The two most important days in your life are the day you are born and the day you find out why. —Mark Twain

    Here are some questions to ask yourself:

    • Why do you do what you do?
    • What thrills you about your current job role or career?
    • What does a great day look like?
    • What does success look and feel like beyond the paycheck?
    • How do you want to feel about your impact on the world when you retire?

    Define success to get promoted

      These questions would be great to reflect on in a journal or with your supervisor in your next one-on-one meeting. Or, bring it up with one of your work friends over coffee.

      Final Thoughts

      After considering all of these points and doing your best to learn how to get promoted, what you might find is that being stuck is your choice. Then, you can set yourself on the path of moving up where you are, or moving on to something different.

      Because sometimes the real promotion is finding your life’s purpose.

      More Tips on How to Get Promoted

      Featured photo credit: Razvan Chisu via unsplash.com

      Reference

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