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7 Startup Costs That You Assume With Outside Funding

Startup Professionals Musings

For example, Bill Gates founded and grew Microsoft, and Michael Dell built a great technology company, both with no outside funding until they went successful enough to go public years later and sell shares to common stockholders. Of course, this can be positive if you really need the help and experience in making key decisions.

Funding 107
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6 Benefits of Outsourcing and Freelancing In Startups

Startup Professionals Musings

While this approach appears to cost more on the surface, it often actually costs you less, when you consider the hidden costs of rework, poor customer satisfaction, employee management, and training required. Direct customer-facing non-technical roles should be the last ones outsourced. with experience.

Outsource 123
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6 Keys to Superior Thinking in Business Innovations

Startup Professionals Musings

When I dig deeper, I find that many of you are easily excited by a great new idea, but fail to diligently follow a validation process to test the limits of your thinking, before proceeding to rollout. Start with a real problem, rather than a technology or solution looking for a problem.

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6 Motivations Shared By Most Satisfied Entrepreneurs

Startup Professionals Musings

Out of curiosity, I often ask aspiring entrepreneurs like you, who come to me for help, what drives them to take on the workload and risk of a new startup. Of course, drivers have to be backed up by some realities, like necessary resources, adequate skills, relentless determination, and a market of people interested in supporting your dream.

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7 Startup Risks That Come With Other People’s Money

Startup Professionals Musings

For example, Bill Gates founded and grew Microsoft, and Michael Dell built a great technology company, both with no outside funding until they went successful enough to go public years later and sell shares to common stockholders. Of course, this can be positive if you really need the help and experience in making key decisions.

Startup 124
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Why You Need Help Rather Than Helpers In A Startup

Startup Professionals Musings

Even worse, when they figure out that they really need help, the first place they look is for an intern or untrained helpers. They don’t realize that these only increase their workload, due to training and management, rather than offloading real work. Find a partner who has dealt with the realities of technology, tools, and financing.

Help 66
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Goals Accountability and Social Support for Big Impact

SoCal CTO

This month’s big question is Examples of Big Impact from Technology and I’ve taken it as an opportunity to go back and look at the elements of different projects that I’ve worked on over the years that have had a big impact. I’ve seen that in courses and in design specs many times, and it’s a HORRIBLE IDEA.