Have you ever wondered what it takes for a startup to thrive amidst acquisitions and global expansion? In this episode, Olle Råghall, COO of Soundtrap, reveals Soundtrap’s incredible journey from inception to recent reacquisition by its original founders. We explore strategies for talent retention, managing compliance across different countries and the challenges and successes of navigating a global workforce.
Key Takeaways:
(03:27) Advantages of contractors: cost, time and flexibility.
(04:48) Contractors can be less invested in long-term success.
(05:34) Legal compliance is like a pendulum between protecting workers and being pro-business.
(17:12) Knowing your contractor and protecting intellectual property.
(18:00) Clearly define roles and expectations in job descriptions.
(22:27) OmniProtect covers legal costs, penalties and taxes for misclassification.
(24:18) Regularly review contractors to ensure they haven't become de facto employees.
(31:12) Using contractors is a great way to step into the global workforce.
(35:27) Challenges arise when negotiating with people you must work with post-acquisition.
(43:00) There’s always more ability than opportunity; hire talented people to make a difference.
Resources Mentioned:
Olle Råghall - https://www.linkedin.com/in/olleraghall/
Soundtrap | LinkedIn - https://www.linkedin.com/in/olleraghall/
Soundtrap | Website - https://www.soundtrap.com
Omnipresent Homepage - https://www.omnipresent.com
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