August 7, 2023
Context-switching is the perpetual shift of focus between distinct tasks. A study indicates that frequent task-switching can slash productivity levels by as much as 40%.
When you consider this in a startup environment, such productivity loss can lead to a plethora of setbacks, such as delayed product releases, missed opportunities, and overall stagnation.
Clearly, founders do not set out to do this; yet they often end up on this slippery slope. We call this the ‘Rabbit Hole’ Problem; and described it at length in this article.
Founders become mired in an 'operational rabbit hole' when day-to-day operational tasks consume their attention and energy. As a startup scales, the 'rabbit holes' inevitably become more convoluted. Increasing volumes of fragmented data, complex data management tasks, and mounting regulatory compliance issues add layers of operational chaos, distracting founders from their vision and core growth strategy of the company.
We help founders operate their companies, by providing a single point of contact, for all their back-office operations including company formation, compliance, FinancialOps (like accounting and bookkeeping), and PeopleOps (such as payroll, hiring, benefits etc.) Think of Stellar as a VP of Ops or an Ops Manager — as a service.
Stellar simplifies operations by eliminating the constant juggling of numerous platforms and service providers. This not only saves time — it also liberates you from the drudgery of administrative tasks, and lets you channel your energy into propelling your business forward.
Ultimately, we aim to help you focus 100% on the pivotal aspects of your business — growth, strategy, and innovation.
Watch a quick 2-minute video introduction to Stellar — here
Founders don’t start a business for the love of back-office operations. Yet, the tendency is to inadvertently over allocate time for this work. Stellar is here to redress this imbalance and give you back time to focus on what you love.
If this sounds good to you, book a free 30 minute call with us. We would love to show you how we can help you.