Starting a business is a big achievement for many entrepreneurs, but maintaining one is the larger challenge. There are many standard challenges that face every business whether they are large or small. It is not easy running a company, especially in a fast-paced, ever-changing business world. Technology advances, new hiring strategies, and now, political changes coming with the new administration, all add to the existing business challenges that entrepreneurs, business owners, and executives have to deal with.
Maximizing profits, minimizing expenses and finding talented staff to keep things moving seem to be top challenges for both SMBs and large corporations. We have been interviewing companies from around the world to discover what challenges they are facing in their businesses. We also asked each company to share business advice they would give to a younger version of themselves.
Below is our interview with Cedric Savarese, Founder and CEO at FormAssembly:
What does your company do?
FormAssembly is an enterprise web form solution. We help organizations in healthcare, financial services, higher education and multiple other industries quickly create web forms, collect data, and improve their workflows through smart integrations with Salesforce and other third party systems. Key features include:
• HIPAA Compliance and PCI DSS Level 1 Certification.
• Advanced integration with Salesforce, allowing users to create new records, update existing records, and more.
• Simple drag-and-drop functionality that makes it easy for our users to create powerful web forms without advanced technical knowledge.
What is your role? What do you enjoy most about your role?
I am the founder and CEO of FormAssembly. The most satisfying part of my role is watching the FormAssembly team take ownership of the vision I laid out, execute it and make a real impact in the lives of our customers and users. Through our form building and data collection product, we don’t just make our customer’s job easier; we also help them be good stewards of the personal data entrusted to them by their users and customers.
What are the biggest challenges in your business right now?
Our company is 100 percent distributed, with team members located around the world. This is still a new, unconventional way of building and growing a business, which means that we have to chart our own course when it comes to working effectively together. We have to find the kind of talented people that can strive in a remote environment. We also have to grow without the help of investors, who often, still view distributed teams with skepticism.
If you could go back in time, what business advice would you give to a younger version of yourself?
Don’t hesitate to make strong opinionated choices. Early on in your career, it’s tempting to try to keep your options open, explore multiple avenues to grow your business, and keep non-strategic projects on life support, just in case. Every bit of revenue stream looks better than nothing, and every customer seems worth going after. In truth, once you’ve made a breakthrough, you need to focus 100 percent on exploiting the opportunity, and let go of everything else.