- Name:
- James Davis
- Company:
- Upad.co.uk
- Company profile:
- Upad.co.uk is a new breed of letting agent without a high street branch. The company focuses on streamlining the lettings process for landlords by applying technology to the traditional model to create a cost-effective and flexible offering.
Upad went national in May 2009. Since then, the company has grown from strength-to-strength.
- Position:
- CEO
- Founded:
- April 2008
How I found the right virtual team
Overview
There comes a point in any growing business when it needs to be
more than just its founder. It needs the right people to undertake
tasks, such as answering the phone, managing the accounts, handling
customer enquiries and producing content.
Upad recently
reached this stage, and I decided that - rather than just employing
new and full-time talent - I would look towards creating a virtual
team of specialists. As a result, this would help me to focus more
on growing the business.
The challenge
Employing a virtual team inevitably has its pros and cons. The
fact that people don't all sit in and share the same office can
mean that they don't feel empowered, or they become disengaged with
the company's philosophy.
You need to ensure that you take people on with similar
attributes - people with entrepreneurial flair, who are proactive
and have a desire to grow the business. It's a question of going
out and trying to find the right people, without falling into the
trap of taking on a whole load of consultants.
The solution
Over the last couple of months, Upad has brought in specialists across the
following areas: digital marketing, web development, content
creation, strategy, PR, business development, and accounting.
I have worked hard to make sure that everyone feels part of a team
and communicates with one another. And I have made a point of
creating a flat structure, ensuring that they don't all have to
report into me, but that they share their ideas.
Key lesson
We've always tried to keep a low overhead, with a skeleton staff
operating in a 'cloud' environment and an entrepreneurial
spirit. We know that this model has helped us to progressively
change our business. As a result, we believe we've identified our
niche.
Top tip
It is important to plan and trial things, and you need to be
prepared to make mistakes. No one is going to be fired for having a
go!
Find out more about Upad