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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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They say “haste makes waste” but…

Berkonomics

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. Where was the waste?

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6 Startup Lessons Learned By Passionate Entrepreneurs

Startup Professionals Musings

Thus, I was happy to see my perspective solidified and detailed with real examples in a timely book, “ Mission Possible: How to Build a Business for our Times ,” by Alexandre Mars. Most aspiring entrepreneurs don’t have the resources alone to “bootstrap” or fund their new business alone.

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Haste makes waste; but to lag is to sag.

Berkonomics

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. The waste from haste in this example was in not pre-thinking of enough testing scenarios for a new product.

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How will you ride the next wave?

Berkonomics

We recruit and hire using LinkedIn or other resources, replacing job fairs, campus events and paper resumes. We use QR codes to simplify the process. Examples of re-imagining the business. There are hundreds of other examples of re-imagination everywhere we look, making our lives easier and our reach greater than ever before.

Mobile 156
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Document Your MVP for a Developer

SoCal CTO

It's the same as when I've created financial models and then have it reviewed by a hard-core CFO, sophisticated investor or similar kind of expert. And in the case of defining mobile/web/software, there is even more variability in terms of form and format. Go find a new technical resource. I'm never trying to embarrass someone.

Develop 354
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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.