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6 Due Diligence Concerns Before Outside Contracting

Startup Professionals Musings

If you have a software development background like mine, I’m sure you often get questions about when to outsource, versus building the solution in-house. If your software or your manufacturing process is your “secret sauce,” you need to keep the work in-house. The same applies to manufacturing and almost any process these days.

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6 Key Rules To Stay Competitive In The Digital World

Startup Professionals Musings

In case you hadn’t noticed, the key elements of a competitive advantage for your business have changed as businesses move online, and your domain is instantly global. As a business advisor, I have to recommend even to established companies that they review and revamp their competitive strategy now, even if it appears to be working today.

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They say “haste makes waste” but…

Berkonomics

Let’s examine the relationship between time, quality and competitiveness. Here’s an example some of remember well… A marginal example was the Intel release of the Pentium Pro and new Pentium II processor to rave reviews – until a math professor found an obscure error in the chip’s code that made a rare floating-point calculation error.

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Haste makes waste; but to lag is to sag.

Berkonomics

Let’s examine the relationship between time, quality and competitiveness. A marginal example was the Intel release of the Pentium Pro and new Pentium II processor to rave reviews – until a math professor found an obscure error in the chip’s code that made a rare floating-point calculation error.

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7 Government Small Business Grants to Apply For in May 2024

Tech.Co

We also offer some advice for writing your application, to make sure your proposal is as competitive as possible. The competitive program is open to select small businesses and specifically encourages participation from women and socially or economically disadvantaged persons. Learn more about WOSB, and how to apply here.

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10 Attributes Of The Perfect Partner For Your Startup

Startup Professionals Musings

A good overall example is the synergy between Google co-founders Sergey Brin and Larry Page, as well as long-time Executive Chairman Eric Schmidt. If both of you are experts at software development, even though one loves design and the other loves coding, that still won’t get the marketing done. Carry minimal historical baggage.

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6 Realities To Evaluate Your Outsourcing Alternatives

Startup Professionals Musings

If you have a software development background like mine, I’m sure you often get questions about when to outsource, versus building the solution in-house. If your software or your manufacturing process is your “secret sauce,” you need to keep the work in-house. The same applies to manufacturing and almost any process these days.