Running a virtual company means finding contributors and partners
who might live anywhere in the world & bringing them into your
company. The advantages of a virtual company include:
- You can hire the best people without geographic barrier
- Cash preservation allows for limited budget to focus on things like paying salaries and getting a website up
is the author of 'Business Without Borders' - a straightforward
introduction to the range of issues virtual companies will need to deal
Virtual company tips from Don:
- You must manage people using an enormous amt of trust - you can't do it by walking around.
sure you get to know your potential partners & employees very well.
You need to hire people by meeting them in person, not remotely.