Why I Decided to Operate my Startup as a Fully Remote Company
And Why You Should Too
This will be the first of many posts that I will write about how we built our company from the ground up.
We are one month away from launching the product, Cudy LMS, we have been working on for over 6 months. We’re super excited to share more with you.
One of the biggest decisions that we made was to operate our business as fully remote. This might seem like a big decision, and at first it was, but I now see it as one of the best decisions I’ve ever made. Here’s why:
No office space required
As long as you have internet, you can be in business. If you are working from home, your commute is down to three feet. If you work outside in nature (like me), your commute is basically non-existent.
As long as you have internet, you can be in business. If you are working from home, your commute is down to three feet. If you work outside in nature (like me), your commute is basically non-existent.
No overhead costs
No need for big fancy offices or desks and chairs and all that stuff that most people think they need when launching their company. Just buy some cheap desks if needed and get out in nature! You don’t want to waste money on office space when it’s not necessary at this point.
No need for big fancy offices or desks and chairs and all that stuff that most people think they need when launching their company.
No distractions
When everyone works remotely they are more productive because they cannot get distracted by what others are doing around them or going out after work with others which results in less time wasted on things unrelated to work or getting distracted by the office politics etc..
It feels really good to work hard knowing what everyone else is doing while not distracting each other which leads us into my next reason.
Teamwork
Because team members aren’t distracting from each other, they can be more productive. The work that is done by each person will directly benefit the other members of the team.
Working remotely also creates a feeling of teamwork where everyone feels like they are more involved in what is happening which leads to better “buy-in” from the team members.
Focus
When everyone is remote, it’s easier to focus on your own work and it’s easier for your boss to focus on their work as well.
There is no need for daily meetings because everyone knows what needs to get done without being told and there’s no need for weekly meetings either because you know who needs help with what and you just get it done!
Motivation
Because everyone works remotely, there are fewer reasons why someone might not want to be working hard.
They can’t just leave if they don’t feel like working since they already left home or wherever they were working from! It also becomes a lot harder to slack off if you know that someone else could be doing that same thing instead of you while you are watching YouTube or something.. It really helps motivate people.
Communication
With remote teams it’s easy to communicate with others around the world without having any time zone issues at all!
We have developers in different time zones so we use Slack for communication between us all.
I’m up early most days so I take care of answering questions until about 12am here in Singapore. We also use Zoom and Cudy Classroom to have video calls.. It’s all very easy to do with remote teams.
About the Author
I am the Founder of Cudy Technologies (www.cudy.co), a full-stack EdTech startup helping teachers and students teach and learn better. I am also a mentor and angel investor in other Startups of my other interests (Proptech, Fintech, HRtech, Ride-hailing, C2C marketplaces and SaaS). You can also find me on Cudy for early-stage Startup Founder mentorship and advice.
You can connect with me on Linkedin (https://www.linkedin.com/in/alexanderlhk) and let me know that you are a reader of my Medium posts in your invitation message.
