There are many companies around the globe which are adopting “Virtual Business Work Environment”. One of the biggest example is Digital Marketing company with 60 employees working in remote environment. Today we will share various information related to it. You can consider it a brief guide or wiki of Virtual Business Set-up.
What Is Virtual Work Environment?
Before getting into the details, let’s first understand what virtual work environment actually is?!.
It is a business setup without any physical office. It means each staff member works from a remote location, which can be his home, office, garage, beach, or garden. Neither boss nor employees need to come daily to any place called, office. They do work with a systematic approach for sure, but the only thing is they don’t need to commute to work in a closed environment. They are free to choose from where they can give the best output and results.
Sounds interesting? Sounds weird? Sounds crazy? Whatever your first thought is but the fact is there are a few very successful international companies which work in the virtual environment.
There are so many benefits of this type of business set-up. Here are a few key benefits:
How to setup a successful virtual work environment?
This is a really tough job, but anyways entrepreneurship is not easy. Is it? To run a successful virtual work environment, you must follow below mentioned practices (P.S.: these are my personal suggestions based on my industry experience. You can have different and more beneficial practice based on yours):
Why It Can Be A Successful Setup?
Well, here your people will be responsible to give their best performance. You won’t need to put yourself to get best out of them. This is the major reason of its success. The virtual business environment works on a simple fundamental,
“We, as a company, will give you everything you want: better package, complete work freedom, an open environment, access to advanced tools and technologies, on behalf of this, you have to give us remarkable work quality along with the desired quantity. If you can’t deliver that we, the company, have many other talents around the globe who would be happily doing this for us.”
Why can it be a failed venture?
Poor management and lack of trust can sink your business. If you get into this virtual business setup and keep on being anxious whether your staff is working or not, you will end-up spying on them or irritating them. This would invite failure for your venture.
To defeat the failure, what you need to do is, keep one thing in mind: Don’t hold it so hard, it hurts you; don’t hold it so loose, it goes out of control.
Why this is a future business model?
We all know international business is increasing. While your customers can hire you, why can’t you hire remote people? The answer of this question and the benefits of this business model have sowed the seed for this business model. Many young entrepreneurs have started adopting this business model.
Ash Vyas has 10+ years of practical experience in digital marketing and international business development. She has written 100s of articles on various topics to live her passion of helping people with her knowledge and expertise. In addition to directing Digital Marketers India, Ash also delivers keynote sessions and holds key positions in some international companies as a consultant, director of operations and mentor.