Startup Professionals Musings

DECEMBER 11, 2019

We are in the age of outsourcing, by any of many popular names, including subcontracting, freelancing, and virtual assistants. He is regarded by many as the number-one authority on virtual staffing and personal outsourcing, and is himself a successful entrepreneur based in the Philippines. Be flexible.

Outsource Development 121

Outsource Development Outsource Entrepreneur Summary 121

Startup Professionals Musings

JANUARY 25, 2023

As a business consultant, I can get you started in this transformation, but I was pleased to see more detailed guidance, including things to watch out for, in a recent book, “ The Ecosystem Economy ,” by Venkat Atluri and Miklos Dietz, both senior partners at McKinsey & Company with much experience.

Outsource Development 140

Outsource Development Outsource Startup Metrics 140

Berkonomics

SEPTEMBER 8, 2022

Research is paramount, and sources are everywhere, especially for public companies and large investment firms. You can list companies you know, have contacts within, or that fit your industry segment. What would the candidate want from your company in a transaction?” Start with the “matrix method.”. Think carefully.

Outsource Development 156

Outsource Development Paramount Outsource Research 156

socalTECH

APRIL 4, 2014

Santa Monica-based buyout fund HandsOn3 said Thursday that it has acquired BancTec , a business process outsourcing (BPO) company based in Dallas, Texas. According to HandsOn3, it will combine BancTec with its existing portfolio company, Dataforce Group, creating a combined company with annual revenues of over $280M.

Outsource 138

Outsource Santa Monica Equity Acquisition 138

Startup Professionals Musings

FEBRUARY 8, 2023

Innovation is not all about break-through technologies and big financial investments. Outsource functions outside your core competency. I see a new resurgence of outsourcing alternatives from outside the country as well as inside, driven by freelancers caught in the squeeze. Selective outsourcing can save you real money.

Outsource 95

Outsource Customer Custom Sample 95

TechCrunch LA

APRIL 10, 2019

Publicly traded sensor technology developer, FLIR Systems , is investing in a strategic round of funding for the outsourced drone imaging company, DroneBase. The two companies are also partnering to provide FLIR’s thermal imaging technology and training services to DroneBase’s stable of pilots.

Training 147

Training Outsource Development Outsource Capital 147

Berkonomics

JULY 10, 2014

I can’t tell you how many times I’ve walked away from deals where the entrepreneur insists on a start-up premoney valuation that is so high, no angel could expect to make a return upon the investment, even with a reasonable sales price for the company down the road. Why fight about valuation, or disappoint the founder at the outset?

Startup 179

Startup Outsource Development Outsource Venture Capital 179

Startup Professionals Musings

NOVEMBER 4, 2022

In my years of advising startups and occasional investing, I’ve seen many great ideas start and fail, but the right team always seems to make good things happen, even without the ultimate idea. That’s why investors say they invest in people (bet on the jockey, not the horse), rather than the idea. The trusted leader. Marty Zwilling.

Technical Advisors 123

Technical Advisors Startup Outsource Development High Tech 123

Startup Professionals Musings

OCTOBER 19, 2022

Many platforms, such as IndieGoGo , allow startups to solicit funding commitments from non-professional investors in exchange for a pre-defined reward or perk, such as a T-shirt or other recognition, but no ownership in the company. The crowd gets the satisfaction of helping, with minimal risk, and no expectation of any high return.

Funding 141

Funding Startup Outsource Development Satisfaction 141

TechCrunch LA

MARCH 31, 2021

Tech companies have spent the past decade or more developing innovations that can be applied to old-world industries like agriculture, construction, energy, education, manufacturing and transportation and logistics. ” Climate resiliency . Given the steady drumbeat of climate disasters that hit the U.S.

Startup 229

Startup Technical Review Invest Research 229

socalTECH

APRIL 21, 2015

Irvine-based medical practice management software developer Kareo , led by Dan Rodrigues, said Tuesday that it has launched the next generation of its cloud-based software for outsourced billing. Pricing on the new product was not announced. Pricing on the new product was not announced. READ MORE>>.

Software 100

Software Outsource Development Outsource Software Development 100

Startup Professionals Musings

FEBRUARY 17, 2021

Almost anyone can start a company today on a shoestring budget, following these cost-cutting recommendations: Establish a solid legal structure for your business. You can now skip the mandatory office space rental, with secretary and bookkeeping staff, or outsourcing. Minimize investment in prototypes and tooling.

Entrepreneur 162

Entrepreneur Startup Social Media Outsource Development 162

Both Sides of the Table

NOVEMBER 9, 2012

There is a mythology amongst some LPs (funds that invest in VCs) and some VCs that “entry price doesn’t matter – only investing in the absolute best entrepreneurs.” We also are going to talk a lot about startups getting exits and ultimately: Companies are bought, not sold. Outsourcing can be cheap.

Startup 323

Startup Technology Venture Capital Santa Barbara 323

Startup Professionals Musings

APRIL 28, 2023

Strategic partnerships in this context can take the form of joint ventures, intellectual property licensing, outsourcing agreements, or even cooperative research. If your customers would benefit by having products from both companies, you might negotiate the opportunity to include the other’s product as an add-on.

Startup 105

Startup Outsource Competition Entrepreneur 105

Startup Professionals Musings

SEPTEMBER 13, 2023

Based on my years of experience as a business executive and consultant, I am convinced that most companies gradually lose their ability to be creative as they mature, and over time are overcome by new competitors and market changes. Continuous innovation is a mindset that you cannot outsource, or bring in through acquisition or consultants.

Case Study 117

Case Study Outsource Development Outsource Customer 117

socalTECH

AUGUST 7, 2014

We spoke with Bryce Maddock , founder of TaskUs, about the company and how it has been providing the manpower behind a lot of LA''s technology startups. Bryce Maddock: TaskUs is the best provider in the world of customer care and back office services for emerging growth companies. Who are some of those companies?

Startup 231

Startup Technology Outsource Santa Monica 231

socalTECH

JANUARY 2, 2019

As we close out our contributions for the end of 2018, we have a contribution from investor and investment banker Peter Cowen of Sutton Capital Partners. What was the biggest news for your company in 2018? We continue to focus on companies with Recurring Revenue (SaaS, Subcription) and in FinTech.

Capital 113

Capital Southern California Technical Review SaaS 113

Startup Professionals Musings

FEBRUARY 9, 2020

In my years of advising startups and occasional investing, I’ve seen many great ideas start and fail, but the right team always seems to make good things happen, even without the ultimate idea. That’s why investors say they invest in people (bet on the jockey, not the horse), rather than the idea. The trusted leader. Marty Zwilling.

Technical Advisors 123

Technical Advisors Outsource Development Startup High Tech 123

Startup Professionals Musings

APRIL 22, 2023

The first thing to remember is that banks only do loans – they generally don’t do equity investments like angels and venture capitalists (and vice versa). Show focus and your understanding that your company is something more than just a good idea. The short answer is that some banks will help, if you do your homework.

Equity 121

Equity Technical Advisors Funding Ideas 121

Startup Professionals Musings

JULY 13, 2022

Trade shows and conferences can produce hundreds of new qualified leads for your business, as well as build relationships with industry leaders, outsourcing vendors, and potential partners. Effective scaling and growth often requires more investment than is available from early organic returns.

Technical Review 142

Technical Review Social Media Conference Customer 142

Both Sides of the Table

MARCH 3, 2013

Let me start by saying that Clayton is one of the most influential people on my thoughts about markets that led to both the concept behind my first startup and my main theses in investing. But “on capital employed” encourages companies to push more off balance sheet and thus into offshore & outsourced situations.

Venture Capital 403

Venture Capital Education Offshore Outsource Development 403

Frank Addante

MAY 12, 2007

► August (1) Invest in Transparency & Active Communication ► July (1) The Fear of Success ► May (2) Optimized for Speed = 30% Waste Happy 1st Birthday Rubicon Project! Outsourcing ► April (1) GoogleClick - Who owns your cash register? I have been outsourcing to India since before it became popular.

Outsource Development 40

Outsource Development Outsource Software Review Startup 40

socalTECH

DECEMBER 28, 2017

This morning, we have a contribution from investor and investment banker Peter Cowen of Sutton Capital Partners. Sutton Capital Partners is a technology investment banking firm and we are, investors in local SaaS/subscription companies and is well known as the host of the annual Recurring Revenue Conference.

Capital 124

Capital Southern California SaaS SoCal 124

Startup Professionals Musings

APRIL 29, 2023

Customers won’t pay to see your new employees learning on the job, and outsourcing the real work to a cheap labor source is a recipe for disaster. Product companies sometimes equate customer satisfaction with customer service, but it’s more than that, especially with services. Recruit only the best people, with the right base skills.

Startup 111

Startup Training Services Writing 111

Startup Professionals Musings

DECEMBER 2, 2022

There are dozens of sources to help you construct your business model, and a good example is a classic book by venture capital investor Elizabeth Edwards, simply named “ Startup ,” which is really designed as a handbook for launching a company for less. Common choices include manufacturing in-house, outsourcing, off-the-shelf parts.

Sales 102

Sales Customer Custom Outsource 102

Both Sides of the Table

FEBRUARY 6, 2013

I am fond of quoting that about 70% of my investment decision of an early-stage company is the team. How you build out your team in the first few years can have a huge impact on the trajectory of your company. How you build out your team in the first few years can have a huge impact on the trajectory of your company.

Startup 388

Startup Slides Outsource Development Sales 388

Startup Professionals Musings

OCTOBER 11, 2023

Foster experiments that don’t require major investments, rather than “big bang” solutions. Many companies these days start with a single online-only purchase model, but later move to providing subscription services and freemium alternatives. Outsourcing of manufacturing is another option.

Resource 111

Resource Competition Outsource Development Startup 111

Startup Professionals Musings

JANUARY 20, 2020

Many platforms, such as IndieGoGo , allow startups to solicit funding commitments from non-professional investors in exchange for a pre-defined reward or perk, such as a T-shirt or other recognition, but no ownership in the company. The crowd gets the satisfaction of helping, with minimal risk, and no expectation of any high return.

Entrepreneur 129

Entrepreneur Outsource Development Satisfaction Equity 129

InfoChachkie

JUNE 4, 2012

As an entrepreneur, I helped create companies which achieved two IPOs and two trade sales totaling $385 million. No one has heard of you, your company or your solutions. In addition to paying the consultant, you must invest time to educate them. You can’t live long enough to make them all yourself.”. Grant Exclusivity.

Entrepreneur 272

Entrepreneur Outsource Ideas Technical Review 272

socalTECH

MARCH 1, 2018

Since the beginning, we've invested in a relationship management function within our organization, and we've always invested first in quality support. The second, was investing in relationship management and support. That's a huge different, and we've prioritized that as we've grown the company. We're continuing to grow.

Customer 113

Customer Custom Services Conference 113

Both Sides of the Table

OCTOBER 28, 2011

I’ve thought a lot about team construction of early stage companies. I wrote the following : “I like to invest at the seed or A round. You know the old adage (I first heard from Guy Kawasaki) – how much is an Internet company worth? I was once asked on Quora what my idea startup team would be. 5 engineers.

Startup 325

Startup Outsource Press Marketing 325

Startup Professionals Musings

JUNE 12, 2022

We can all aspire to grow companies like TikTok, Facebook, and Apple, which have the aura of fun, while still improving your lifestyle and offering the dream of untold riches. Outsourcing and manufacturing “offshore” have become the norm. Entrepreneurs growing companies create more value and more jobs.

Startup 126

Startup Artificial Inteligence Entrepreneur Offshore 126

Startup Professionals Musings

JULY 27, 2020

The first thing to remember is that banks only do loans – they don’t do equity investments like angels and venture capitalists (and vice versa). Show focus and your understanding that your company is something more than just a good idea. The short answer is that some banks will help, if you do your homework. Be comprehensive here.

Technical Advisors 162

Technical Advisors Tips Startup Equity 162

Startup Professionals Musings

AUGUST 3, 2020

Customers won’t pay to see your new employees learning on the job, and outsourcing the real work to a cheap labor source is a recipe for disaster. Product companies sometimes equate customer satisfaction with customer service, but it’s more than that, especially with services. Recruit only the best people, with the right base skills.

Startup 174

Startup Training Services Writing 174

Startup Professionals Musings

AUGUST 1, 2020

Strategic partnerships in this context can take the form of joint ventures, intellectual property licensing, outsourcing agreements, or even cooperative research. If your customers would benefit by having products from both companies, you might negotiate the opportunity to include the other’s product as an add-on.

Startup 126

Startup Outsource Competition Acquisition 126

Startup Professionals Musings

NOVEMBER 14, 2021

Outsource services back to the customer. This is the concept that successful competitors have a hard time investing in new products that will cannibalize their existing core business. Brainstorm with the intent of changing these assumptions, and radical innovation will follow. Force the innovator’s dilemma on competitors.

Entrepreneur 158

Entrepreneur Startup Outsource Development Design 158

Both Sides of the Table

SEPTEMBER 12, 2010

I’m an investor at [Big Name, Large Fund VC] and recently came across [Your Company]. It looks as though you’ve built a very interesting business, and I’d love to spend some time getting a better understanding of your future plans for the company and if there is an opportunity to partner with [My Firm].

Venture Capital 294

Venture Capital Entrepreneur Email Equity 294