Startup Professionals Musings

JANUARY 14, 2023

I see too many business plans that are really product plans for customers, touting free services and long feature lists. No product, even with a large opportunity, is ready to scale until you can show it working, with multiple customers paying the full price, to validate the business model. Word-of-mouth does not scale.

Tips 135

Tips Invest Startup Outsource 135

Startup Professionals Musings

MAY 16, 2020

Many experts are certain that successful entrepreneurs are the ones with the most inspiration (passion and dream), while others will assert that it’s about more perspiration (working harder). Here are five key ones to celebrate: Enjoy the feedback from every satisfied customer. In my experience, both are always required in heavy doses.

Satisfaction 174

Satisfaction Customer Custom Outsource 174

Startup Professionals Musings

DECEMBER 2, 2022

You can’t succeed in business without an operational model that delivers value to customers at a reasonable price, with an underlying cost that allows you to make a profit. A target market is the group of customers that the startup plans to attract through marketing and sales their product or service. How will you reach your customers?

Sales 102

Sales Customer Custom Outsource 102

Startup Professionals Musings

APRIL 4, 2010

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. Outsourcing for services needs to be carefully managed.

Outsource Development 51

Outsource Development Outsource Software Offshore 51

Startup Professionals Musings

OCTOBER 29, 2022

These days, everyone wants to be an entrepreneur, pitching their latest and greatest new idea, and looking for someone to give them money. Talk is cheap, but entrepreneurs who show you a working model of their idea know how to execute. You should never outsource the management of your core technology.

Outsource Development 110

Outsource Development Ideas Tool Outsource 110

Startup Professionals Musings

APRIL 19, 2020

I see too many business plans that are really product plans for customers, touting free services and long feature lists. No product, even with a large opportunity, is ready to scale until you can show it working, with multiple customers paying the full price, to validate the business model. Word-of-mouth does not scale.

Startup 154

Startup Outsource Ideas Research 154

Startup Professionals Musings

APRIL 17, 2022

Very few entrepreneurs have the range of skills and experience to be the solution creator as well as business creator, or operational as well as sales leader. Most entrepreneurs work long hours and weekends to get the job done. The challenge is to recognize and recruit that ideal partner match early with minimal cost and risk.

Software Review 154

Software Review CTO Hire Outsource Development Startup 154

Startup Professionals Musings

JANUARY 19, 2014

Too many entrepreneurs confuse actions with momentum and results. For example, a result is not forty hours of work, but a prototype complete, partner contract signed, or first customer sale. During the early start-up phase, most of the momentum in a new company derives from the entrepreneur''s own commitment and self-sacrifice.

Entrepreneur 113

Entrepreneur Startup Outsource Research 113

Startup Professionals Musings

APRIL 27, 2020

For some reason, too many aspiring entrepreneurs I know seem to focus on “actions” rather than “results.” These are not the entrepreneurs that I want to support, since I’m well aware that running a startup is far more complex, albeit more satisfying, than most conventional roles in established enterprises.

Product 123

Product Startup Tips Entrepreneur 123

Startup Professionals Musings

APRIL 22, 2014

Most entrepreneurs work long hours and weekends to get the job done. If one of your core values is exceeding your customer expectations for quality and service, and your potential partner ascribes to the low cost, high profit mantra, a successful partnership is highly unlikely over the long-term. Compatible work styles.

Software Review 107

Software Review Entrepreneur CTO Hire Outsource Development 107

Startup Professionals Musings

MARCH 2, 2020

That’s why I caution my aspiring entrepreneur clients against proclaiming to investors that they are a great “idea” person. His challenge is to focus on one market, with a specific design, cost, and price. In addition, creating a business requires leading and interacting with other people, including partners, investors, and customers.

Ideas 126

Ideas Writing Examples Outsource 126

Startup Professionals Musings

FEBRUARY 3, 2019

Yet every business and every entrepreneur I know struggles with this challenge, focused on hiring the right people and implementing the right process. I was happy to see my own view reinforced in the classic book, “ Innovation Thinking Methods for the Modern Entrepreneur ,” by long-time entrepreneur and innovation expert Osama A.

Startup 105

Startup Outsource Development Entrepreneur Ideas 105

Startup Professionals Musings

FEBRUARY 2, 2020

These days, everyone wants to be an entrepreneur, pitching their latest and greatest new idea, and looking for someone to give them money. Talk is cheap, but entrepreneurs who show you a working model of their idea know how to execute. You should never outsource the management of your core technology.

Outsource Development 124

Outsource Development Ideas Tool Outsource 124

Both Sides of the Table

JULY 5, 2010

You attend five customer meetings together over a two-week period and after each meeting you replay the results in the office about what it meant. The conversations bleed into the sales messages the next time, they wend their way into software designs and form the plan of attach against competition. What about outsourcing?

Technical Advisors 335

Technical Advisors Outsource Development Offshore Startup 335

Startup Professionals Musings

SEPTEMBER 2, 2018

If your forte is a service, like consulting or web site design, it’s harder to find guidance on what will get you funded, and how you can scale your business. For example, both need to provide exemplary customer service, build customer loyalty, and provide real value for a competitive price. Capture your “secret sauce.”

Services 72

Services Startup Training Writing 72

Startup Professionals Musings

AUGUST 25, 2017

In case you haven’t noticed it, the rapid evolution of do-it-yourself (DIY) facilities for developers, including 3-D printers, SketchUp and makerspaces such as TechShop , have scaled down the cost of prototypes and hardware design by an order of magnitude. Quick low-cost design and fabrication alternatives are extremely valuable.

Ideas 61

Ideas Outsource Development Startup Education 61

Startup Professionals Musings

JANUARY 16, 2015

Many experts are certain that successful entrepreneurs are the ones with the most inspiration (passion and dream), while others will assert that it’s about more perspiration (working harder). Here are five key ones to celebrate: Enjoy the feedback from every satisfied customer. In my experience, both are always required in heavy doses.

Satisfaction 101

Satisfaction Entrepreneur Customer Custom 101

InfoChachkie

DECEMBER 2, 2009

As noted in Pour and Stir Part I , the key to the successful execution of this strategy is managing the following equation: The cost to acquire a customer < lifetime value of a customer. Decreasing Your Customer Acquisition Costs. This is equivalent to being handed a free customer for every ten customers you acquire.

Customer 164

Customer Custom Advertising SEM 164

Startup Professionals Musings

JUNE 27, 2014

If your forte is a service, like consulting or web site design, it’s harder to find guidance on what will get you funded, and how you can scale your business. For example, both need to provide exemplary customer service, build customer loyalty, and provide real value for a competitive price. Capture your “secret sauce.”

Services 105

Services Startup Training Writing 105

Startup Professionals Musings

DECEMBER 24, 2014

Services entrepreneurs can more easily capitalize on the trend to treat each customer personally, whether entrepreneurs be interior designers working from home, marketing consultants, or offering Angie’s List to find the best local handyman. Process outsourcing services. Everybody wins. Advisory services.

Services 101

Services Startup Outsource Technical Support 101

Startup Professionals Musings

AUGUST 26, 2011

Too many entrepreneurs confuse motion with momentum and results. For example, a result is not forty hours of work, but a prototype complete, partner contract signed, or first customer sale. During the early start-up phase, most of the momentum in a new company derives from the entrepreneur's own commitment and self-sacrifice.

Entrepreneur 100

Entrepreneur Startup Outsource Research 100

SoCal CTO

JANUARY 5, 2011

Steve Blank , January 25, 2010 10 Tips for Adding Game Mechanics to a Non-Gaming Service - ReadWriteStart , September 21, 2010 Startups & VCs: Learn How to Design, Market, & Eat Your Own. - First Principles.

Startup 378

Startup Venture Capital Blogging CTO Coach 378

Startup Professionals Musings

MAY 29, 2011

A simple differentiation is that a product plan is designed for internal use, to get the product out. Enough detail is required so that someone else can build it without you (outsourcing). Because this document is “outward facing” the tone and level has to change to be understandable by customers and investors. Market research.

Product 93

Product Entrepreneur Outsource Development Competition 93

Startup Professionals Musings

JANUARY 11, 2015

I see too many business plans that are really product plans for customers, touting free services and long feature lists. No product, even with a large opportunity, is ready to scale until you can show it working, with multiple customers paying the full price, to validate the business model. Word-of-mouth does not scale. Marty Zwilling.

Startup 103

Startup Outsource Invest Ideas 103

Both Sides of the Table

MARCH 30, 2011

The part of the movement that resonates the most with me (in my words) is that entrepreneurs should keep their capital expenditures really low while they’re experimenting with their product and determining whether there is a large market for what they do. This benefits you, the entrepreneur. It takes options off of the table.

Development Team Review 374

Development Team Review Technical Review Startup Resource 374

Startup Professionals Musings

SEPTEMBER 7, 2013

I see too many business plans that are really product plans for customers, touting free services and long feature lists. No product, even with a large opportunity, is ready to scale until you can show it working, with multiple customers paying the full price, to validate the business model. Word-of-mouth does not scale. Marty Zwilling.

Tips 111

Tips Startup Outsource Ideas 111

Startup Professionals Musings

JULY 15, 2019

Very few entrepreneurs have the range of skills and experience to be the solution creator as well as business creator, or operational as well as sales leader. Most entrepreneurs work long hours and weekends to get the job done. The challenge is to recognize and recruit that ideal partner match early with minimal cost and risk.

Software Review 88

Software Review CTO Hire Outsource Development Startup 88

Startup Professionals Musings

AUGUST 17, 2016

If your forte is a service, like consulting or web site design, it’s harder to find guidance on what will get you funded, and how you can scale your business. For example, both need to provide exemplary customer service, build customer loyalty, and provide real value for a competitive price. Capture your “secret sauce.”

Services 61

Services Startup Training Writing 61

Startup Professionals Musings

APRIL 2, 2016

Many experts are certain that successful entrepreneurs are the ones with the most inspiration (passion and dream), while others will assert that it’s about more perspiration (working harder). Here are five key ones to celebrate: Enjoy the feedback from every satisfied customer. In my experience, both are always required in heavy doses.

Satisfaction 61

Satisfaction Startup Customer Custom 61

Startup Professionals Musings

AUGUST 23, 2015

These days, everyone wants to be an entrepreneur, pitching their latest and greatest new idea, and looking for someone to give them money. Talk is cheap, but entrepreneurs who show you a working model of their idea know how to execute. You should never outsource the management of your core technology.

Ideas 107

Ideas Outsource Development Startup Tool 107

Startup Professionals Musings

MARCH 23, 2016

Yet every business and every entrepreneur I know struggles with this challenge, focused on hiring the right people and implementing the right process. I was happy to see my own view reinforced in a new book, “ Innovation Thinking Methods for the Modern Entrepreneur ,” by long-time entrepreneur and innovation expert Osama A.

Startup 57

Startup Outsource Development Entrepreneur Ideas 57

Startup Professionals Musings

FEBRUARY 14, 2016

I see too many business plans that are really product plans for customers, touting free services and long feature lists. No product, even with a large opportunity, is ready to scale until you can show it working, with multiple customers paying the full price, to validate the business model. Word-of-mouth does not scale.

Funding 67

Funding Startup Outsource Ideas 67

Startup Professionals Musings

JULY 16, 2014

These days, everyone wants to be an entrepreneur, pitching their latest and greatest new idea, and looking for someone to give them money. Talk is cheap, but entrepreneurs who show you a working model of their idea know how to execute. You should never outsource the management of your core technology.

Outsource Development 105

Outsource Development Startup Ideas Tool 105

Startup Professionals Musings

MAY 14, 2012

You can’t succeed in business without an operational model that delivers value to customers at a reasonable price, with an underlying cost that allows you to make a profit. A target market is the group of customers that the startup plans to attract through marketing and sales their product or service. How will you reach your customers?

Sales 97

Sales Customer Custom Outsource 97

Startup Professionals Musings

JANUARY 31, 2012

Many writers have outlined the critical success factors for product companies, like sell every unit at a profit, patent the design, and continuous product improvement. Obviously we can find many critical success factors, like finding and retaining high-value customers, which apply to companies that are product centric or services centric.

Satisfaction 91

Satisfaction Patents Outsource Development Services 91

Startup Professionals Musings

FEBRUARY 10, 2018

These days, everyone wants to be an entrepreneur, pitching their latest and greatest new idea, and looking for someone to give them money. Talk is cheap, but entrepreneurs who show you a working model of their idea know how to execute. You should never outsource the management of your core technology.

Ideas 53

Ideas Outsource Development Tool Outsource 53

Startup Professionals Musings

SEPTEMBER 20, 2010

Many writers have outlined the critical success factors for product companies, like sell every unit at a profit, patent the design, and continuous product improvement. Obviously we can find many critical success factors, like finding and retaining high-value customers, which apply to companies that are product centric or services centric.

Product 91

Product Services Satisfaction Patents 91