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Six Criteria for Outsourcing the Right Processes

Startup Professionals Musings

Since my background includes software development, I often get the question about when to build a solution in-house, versus outsourcing it to a local company, near-shore service, or off-shore organization in China, India, or Eastern Europe. Don’t outsource your core competency. Protect your intellectual property.

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Six Key Factors in the Right Outsourcing Decision

Startup Professionals Musings

Since my background includes software development, I often get the question about when to build a solution in-house, versus outsourcing it to a local company, near-shore service, or off-shore organization in China, India, or Eastern Europe. Don’t outsource your core competency. Protect your intellectual property.

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To Outsource or Not to Outsource Software

Startup Professionals Musings

Since my background includes software development, I often get the question about when to build a solution in-house, versus outsourcing it to a local company, near-shore service, or off-shore organization in China, India, or Eastern Europe. Don’t outsource your core competency. Protect your intellectual property.

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10 Rules of Thumb for Startup Investment Valuation

Startup Professionals Musings

Assign value to all paid professionals, as their skills, training, and knowledge of your business technology is very valuable. Early customers and contracts in progress add value. Early customers and contracts in progress add value. Every customer contract and relationship needs to be monetized, even ones still in negotiation.

Startup 108
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Monopoly

InfoChachkie

A number of international versions were developed soon after its initial release, but America has consistently remained the bastion of Monopoly’s popularity. Monopoly is a great training ground to develop cash management skills. Just like in Monopoly, if this contract is broken, the entrepreneur can be thrown in jail.

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10 Ways to Size Your Company’s Value for Funding

Startup Professionals Musings

Assign value to all paid professionals, as their skills, training, and knowledge of your business technology is very valuable. Early customers and contracts in progress add value. Early customers and contracts in progress add value. Every customer contract and relationship needs to be monetized, even ones still in negotiation.

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Startup Children – How To Parent An Entrepreneur (Part III) - Board Games Can Teach Children Negotiating And Risk Taking Skills

InfoChachkie

When you play Monopoly with your children, you can subtly underscore an entrepreneurial mindset in their gameplay which will ultimately help them develop valuable startup skills, as described below. Monopoly is a great training ground to develop rudimentary cash management skills. Hands On Learning. Monopoly is no different.