In a recent podcast by Remotebase, Qasim Asad Salam, Co-Founder of Remotebase, and Sondre Rasch, Co-Founder of SafetyWing, discussed building and scaling a remote company and how the process has evolved and changed the post-pandemic business landscape.
The digital age has made it possible for businesses to be run remotely, giving entrepreneurs the flexibility to work from anywhere in the world. Running a business remotely can help reduce overhead costs, make it easier to recruit talent, and help you reach a global customer base. Although there are many challenges to consider before taking the plunge into remote business ownership, Qasim and Sondre have been successfully running fully-remote businesses with a long-standing history in entrepreneurship.
Remotebase hires the top talent of software engineers and places them in the most innovative companies globally, delivering a team of expert remote developers within a day from a vast 80k+ talent pool. SafetyWing, on the other hand, was founded to support digital nomads by building an adaptable software-based safety net for everyone in the world. Providing insurance for digital nomads and also remote teams across the globe, SafetyWing products are designed by a fully remote team of nomads distributed across three continents.
Pondering about the evolution of remote engineering teams, which has been a major boon to the tech industry, Sondre expressed the pros of being remote as companies not only cut costs greatly but also gain access to a global pool of talent, saying “A talent pool is an economic effect which isn’t small. The most productive companies, due to the talent-pool effect, will be the remote companies.” And having successfully navigated through two economic downturns, Sondre believes that the future is remote.
Taking advantage of increased productivity, decreased overhead costs, and a diverse pool of talent, remote teams enable people to work together more efficiently and effectively, as well as leverage the power of automation and artificial intelligence. Remote engineering teams have thus become a critical part of many organizations’ success and are continuing to evolve. As Sondre stated - “The war for talent has gone global with being remote.”
The future of remote businesses also looks bright when it comes to collaboration. With the rise and evolution of digital collaboration tools, businesses will be able to eliminate communication barriers and reduce costs associated with travel and physical meetings, while machine learning will allow remote businesses to automate certain processes, making them more efficient, further reducing costs and increasing productivity.
Overall, the future of remote businesses looks very promising. As both Qasim and Sondre agreed, with the right tools and technologies, remote businesses can continue to thrive and grow.
Catch the full podcast here: https://www.linkedin.com/feed/update/urn:li:activity:7004332196333268992