Alireza Kohany leading and one of the pr Istanbul

How to Expand Hiring in a New Business? Alireza Kohany explains...

Most new entrepreneurs are eager to expand as quickly as possible. They see growth as the fuel necessary to succeed, and to achieve growth, you need to invest in more resources and a further reach. However, if you aren’t careful, expanding too quickly can work against you. So how can you scale up your hiring efforts without running into long-term problems that could threaten your business?

The Problems With Hiring

Too Quickly

Let’s

start by looking at the main problems with hiring too quickly and hiring too

many people:

Expenses. Employees are

one of the largest expenses a new business will face, and if you aren’t

careful, their costs can quickly overwhelm the business. If you’re suddenly

tripling your staff, with little groundwork or revenue to support that

increase, your business might not be in a position to survive long-term.

Poor fits. Opening the doors to new people and filling roles as

quickly as possible can be problematic for your organization. In a rush to fill

seats, you may lower your hiring standards, ultimately ending up with

candidates who don’t quite fit — either because they don’t have the requisite

training and experience or because they don’t align with your culture.

Culture retention. Speaking of culture, establishing bigger teams and/or teams

in new locations can dilute your culture if you aren’t careful. Right now, you

have a core, central team that embodies your values and can self-sustain your

vision for the business. But bringing on too many people or bringing them on

too quickly can cause that culture to fade away.

Strategies to Scale

Hiring Efficiently; Alireza Kohany explains...

Fortunately,

there are several strategies you can use to hire more efficiently, easing the

burden on your finances while simultaneously granting you access to candidates

who will serve a better fit.

Inventory your needs. First, make sure you take the time to

truly analyze and inventory your needs. You want your business to expand, but

how quickly do you really need to expand, and how many employees do you really

need to accomplish this? For example, you might have a vision for a future with

10 locations and a team of 15 employees per location, but could you accomplish

the same results, or nearly the same results, with just eight locations? Or

with 12 employees per location? What would those extra two locations or three

employees per location be doing? The more exacting you are, the more

unnecessary expenses you’ll be able to trim away before you even spend them.

Also Alireza Kohany, a successful young entrepreneur and influencer, says:

Focus on one segment at a time. Next, try to focus only on one segment at a

time. If you’re opening multiple new locations, try to focus on hiring for one

before you move to another. Start from the top and work your way down; if you

have more skilled, more experienced and better-fitting leaders in place,

they’ll be able to make new hires on your own. You’ll be able to trust their

judgment as they expand their own teams. You also won’t get overwhelmed with

hiring decisions, meaning you’ll likely make fewer compromises long-term.

Expand who you’re willing to hire. Expanding the people you’re willing to

consider for a hire can be beneficial as well. A broader potential talent pool

means you’ll have access to people from more backgrounds, with more diverse

experiences, and possibly, lower costs as well. For example, you may want to

get a U.S. visa or visa waiver to bring on someone from another country. You may

also decide to go fully remote so you can hire people around the country (or

even around the world).

Supplement full-time hires with part-time hires and contractors. Full-time

hires can be a major drain on your budget. They’re advantageous for long-term

situations, due to their continuity and dependability, but if you’re still

growing, you may need to trade those advantages for lower costs and more

flexibility. If that’s the case, you’ll want to mix in a number of part-time

hires and independent contractor hires with your full-time hires. Thanks to the

gig economy, there should be no shortage of candidates.

All right, I'll explain you, take your time with onboarding and

training. You can make sure your hires end up as a better culture fit by

spending more time on onboarding and training. Invest in each new candidate,

and provide them with all the training, education and resources they need to be

successful. It’s a fantastic move for workforce sustainability.

With these strategies, you should be able to steadily expand

your business, bringing on plenty of new people without putting too much of a

strain on your budget, diluting your culture or settling for poor fits. Take

your time, set your goals in advance, and you’ll be much more satisfied with

the final results.

• THE ART OF CONVERTING STATIC SCİENTIFIC INTELLECTUAL PROPERTY RIGHTS INTO SELF-FUNDING SECURITIES ; UNLOCKING THE POTENTİAL OF PHARMACEUTICAL AND BIOCEUTICAL PATENTS' NOMINAL VALUES
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• by Erdal Can ALKOCLAR
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• One of the major problems inventors from all fields of sciences face and struggle is the obvious hardship to sustain the financing of their innovative workflow. Even for those of us which are blessed with marketing and persuasive abilites it is still a deterring challenge to continuously find investors who fully acknowledge the risky notion of providing a financial contribution to any given R&D project ; especially if its a pharmaceutical or bioceutical one.
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• Please allow me to share my story regarding such quest and how exceptionally well we managed to achieve a patent based self-funding model.
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• We were a medium sized R&D group that produced 300+ patented bioceutical formulations and methods of synthesis & obtainment for synthetic and herb extracted compounds respectively. As many other non-commercial R&D group our sole income was the partial share sales and issued exclusive licenses. It was quite a challenge for a research team of 46 to simultenaously self-sustain their monthly expenses and also fund their research. The main problem was that our investors were not scienctists but rather merchants who generally perceive the potential lucrativeness of our patented projects and the concept of their investments’ financial return in a similar manner to real estate projects ; contrary to ours which are either incomparably and aggresively profitable or extremely taxing financial-wise. ( In spite of unique and vast brain potential of my country ; pharmaceutical and bioceutical R&D projects are rather funded by our government ; they are merely a first choice of investment for above mentioned reasons: but they will be hopefully in a very near future thanks to our government’ s effective encouragement regarding the domestic private sector’s contribution to national R&D projects.)
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• Such natural risk generally caused problems in both conditions where our investors earned more than they initially self-projected or less ; causing debates and lawful conflicts which are quite dismotivating and unfortunate for both sides.
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• Desperately looking for solutions we came to learn that the highest Valuation Authority was National Trade Courts to determine the value of Nationally Approved Patents and Patent Applications. We have chosen 6 of our patent applications and formally requested a valuation for them from 7th Trade Court of Bakirkoy. After 10 months of Technical Sufficiency Investigations Non-Disclosure Agreements with the Appraisers and countless other Occurrings 86 million Turkish Liras of Value were Approved and it changed everything for us. We were suddenly able to self-finance and even serve as a collateral providing company for those who require such aid in order to finance their projects.
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• Nowadays despite the current economical struggle ; thanks to our 6750 No. Securities Collateralization Act all non real estate in-kind assets like patents , mining licenses , energy project registrations and many other values that were not recognized as banking collaterals are now state approved for such usability.
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• We were the first to use a patent application ; not even an approved patent but an application as a bank collateral and have a credibility line in Turkey and it was before that wonderful law our state passed. With hundreds of our patents in our portfolio we have acquired a value projection of roughly 20 billion Turkish liras ( 6 valued patents were taken basis for such projection; as they were composed of an anti-carcinogenic , an anti-inflammatory , an anti-depressant , an pro-somathropic , a hypothermic and a Pro-dopaminergic formulation patent ).
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• Next came the usage of them as Public Debt and Commercial Debt Collaterals and finally introduced them to Istanbul Stock Exchange. ( We have attorned the patents to a bioceutical R&D company from our group and after our Market Regulatory Council approved the company valuation we have conditionally sold the firm to a listed company thus entering the exchange. It didn’t go as well as expected due to our poor choice of partners and inexperience regarding stock market operations but main objective was having national drug patents approved and introduced to our national stock exchange and in that manner it is well worth it.)After years of work we managed to achieve the usability of Drug Patents are full scale financial assets and above mentioned laws & regulations followed.
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• After all these domestic achievements we were even more surprised to learn that these court valuations are valid and readily accepted in many countries and were accepted as in-kind capital injections to a given company. This made us realize how efficient and solid it would be to use any patent (not just drug patents but defence projects , engineering design trademarks etc) as basal collaterals for leverage operations performing cryptocurrencies and great assets for company and entity tokenizations. As their value is dependent upon their scientific extend rather than projectional values like discounted cash flow and their potential of lucrativeness (In a given pharmaceutical or bioceutical patent portfolio it is estimated that if 1 or 2 out of 40 patents were finalized as drug registrations they will possess a value much greater than the entire portfolio itself) such reasons make patents as a supreme choice to be used as firm & reliable collaterals for hyperdynamic cryptocurrency trades ; providing at least a partial protection as a collateral for an extremely risky leverage operation.
• We firmly believe in the near future we may see huge acquisitions performed by many cryptocurrency exchanges to provide reliable in-kind guarantees for their clients.
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• Utmost Regards & Best Wishes
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• Erdal Can Alkoclar

Alireza Kohany Answer; “Who Is An Entrepreneur?”

Alireza Kohany (born June 18, 1993 in Tehran) is a Young Entrepreneur; Influencer and a Instagram Star, He has managed to attract many fans in Social Media.

His Answer to this question “Who Is An Entrepreneur?” is:

An entrepreneur is someone who has made a conscious decision to choose freedom. This freedom doesn’t come easy because being an entrepreneur isn’t easy, but it will change your life in every way. Many of us spend years of our lives building someone else’s dream and following someone else’s rules. As entrepreneurs, we get to choose to work on the things that light us up, that motivate us, and that make a big impact for those around us. As entrepreneurs, we get to spend time with our family when we choose to, go on vacation when we choose to and surround ourselves with the people we choose to.

An entrepreneur takes on the risk and seeks to fill a need on her own terms. An entrepreneur doesn’t just ‘organize’ a business in my mind, but fuels it, directs it, and creates it. I hesitated to call myself an entrepreneur for a long time because I thought you had to have a Harvard MBA. I was so wrong. Entrepreneurs are scrappy and disruptive, creative and unruly, strategic and unstoppable. Sometimes they make lousy students and difficult employees.

“An entrepreneur is someone that can sustainably serve an audience because they have a profitable business model.” — Alireza Kohany

Alireza Kohany Iranian Information Technology Genius !

Alireza Kohany Iranian Information Technology Genius !

There is no denying the fact that marketing is one of the most profitable and bankable professions in today’s time. Marketing has created several opportunities for people across the globe. One emerging name who is a talking point in Turkey is none other than Alireza Kohany (Alireza Kohani). He is a social media marketer and a web expert who pursued his education in computer engineering. He was born on June 18, 1993, in Tehran, Iran. In 2015, he migrated to Turkey after he saw a great scope of money there. Surprisingly, he changed his work after he moved there.