Biography 223: How to make a company successful.

 Once, I joined a company whose owner was living in the UK. He came to Bangladesh, established a company, and returned because of his main job or business. He asked his brother, who was living in the USA, to join the company. His brother came, and I have given an interview with this brother. I got selected and joined.

It was a new company, and I was really scared about the way this brother managed the office. He recruited people, and then he fired them within a month or less if that person failed to show good enough performance. All employees became very scared; no one knew when they might get fired.

I didn't like this idea. But now I was thinking this is a good way actually. He knows people lie in resumes, so he was giving chances to people to prove themselves. If they are not good enough then let them go and let a qualified person join. And also that person should find a suitable position for themselves.

Another thing I learned from him is focusing on marketing. He built a marketing team of 10/12 people. He trained them and met with them every day to know how they were working and give suggestions. That's why from the very first day the marketing team started getting deals, when even our product were not ready. Within a month they bring 1.5 crore deal.

You must be thinking the company must become a very big company soon. No, it's not that brother's fault. It is the owner. The brother said he would give his 100% to this company. Even he might stay permanently in Bangladesh. But he needed more than 50% of the share of the company. But the owner wasn't ready to give his company to his brother. So, this brother went back to the USA. He created his own company over there and is now living there with his wife and child.

The UK living owner couldn't run the company well.

Extra benefit

 People do business for profit. So, when they recruited people, their intention is to pay as little as possible and make them work more. To make employers happy many employees do extra work. Sometimes that works for them, sometimes not.

If any employer does anything extra, I mean to give any extra benefit which employee didn't expect or in competition, other employers don't give that benefit, can make a big change in the workplace. I won't say then every employee will do better. But some will. Moreover, most of the employees won't think to leave that company because of that extra benefit.

For example, I know a company that provided lunch in the office. When that company was in a bad situation, it couldn't pay wages on time, but continued the lunch system. I was really surprised to see that employees stayed without getting enough wages. They knew it is pending and someday the company will pay all and they kept working. They were happy with the lunch system, didn't want to miss it.