COVID-19: Adapting for Success

We understand the current evolving economic situation might affect all global businesses. We want to stand together with our clients and aim to provide a platform where you can gain quick access to some valuable insights.

11 Tips for Startup Survival During COVID-19

"Many great companies survived the economic downturn in 2001 and 2008, and some came out stronger than ever. That could be you."
The author shares her insights based on her experience through two previous economic downturns.

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11 Tips for Startup Survival During COVID-19
Posted by Aasma in Remote Working, 0 comments

3 things startups can do to survive the economic fallout of COVID-19

In some cases, no matter how carefully you spend and as hard as you try to cut back, you just won’t have the runway or the cash flow to cover your burn. You may find yourself on the path to shutdown despite your best efforts, and there will seemingly be nothing you can do. In this case, creativity is your only ticket out of the hole. The people on your team probably have a higher risk tolerance than the average worker. They’re in this for the vision, and for the belief that your business can make an impact, not just for a paycheck. You can offer stock options for reduced pay, rev share or commissions on future revenue, or even some portion of deferred pay with future bonuses to make up for lost time.

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3 things startups can do to survive the economic fallout of COVID-19
Posted by Aasma in Cost Optimization, 0 comments

Telemedicine's strong usage is expected to continue after the pandemic subsides

Telemedicine has been anemerging technology for the past two decades. However, it usage has increased tremendously since March and investors believe that it will continue become a part of patients and doctors lives even after the virus disappears. The US Government has removed a lot of regulations for telemedicine services recently, which makes virtual health unit economics more favorable to both healthcare providers as well as patients.

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Telemedicine’s strong usage is expected to continue after the pandemic subsides – Venture Capital Journal
Posted by Aasma in Emerging Verticals, 0 comments

Keeping employees productive when remote working for an extended period

"In the digital age, technology keeps us connected regardless of geography and time zone, and can therefore create instances of ‘digital presenteeism’, whereby workers feel they must constantly be available to work. With no physical separation between home, work and leisure during times of remote working, quarantine and self-isolation, employees might find themselves replying to emails or carrying out tasks outside of their allotted working hours. This ‘always-on’ culture has been linked to spikes in mental health conditions."

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Keeping employees productive when remote working for an extended period – TechRadar
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Startups Weekly: Where social startups will get funding in the future

Explore funding options and their feasibility for Startups like Paycheck Protection Program by SBA in this insightful article. It also discusses the decline in the commercial real estate sector, and EdTech as an emerging vertical amid the evolving trends.

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Startups Weekly: Where social startups will get funding in the future – TechCrunch
Posted by Aasma in Funding, 0 comments
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