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Hiring Developers Before Product/Market Fit?

SoCal CTO

Hiring seems to be the preferred use of seed funds (by investors and founders), whereas I'd prefer a focus on customer acquisition. The problem is you don't yet have product/market fit, and until you do, you don't really know what to build. When product vision is truly clear, then it makes sense to execute it, and hiring follows.

CTO Hire 205
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Alorica Completes $275M West Corporation Buy

socalTECH

Irvine-based business process outsourcing provider Alorica said Wednesday that it has completed its $275M acquisition of West Corporation. Alorica said the acquisition makes it the largest business process outsourcing provider in the U.S., alorica merger acquisition west corporation outsourcing' READ MORE>>.

Outsource 100
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Alorica Completes $275M West Corporation Unit Buy

socalTECH

Irvine-based business process outsourcing provider Alorica said Wednesday that it has completed its $275M acquisition of the agent services business unit of West Corporation. Alorica said the acquisition makes it the largest business process outsourcing provider in the U.S., with a net worth of $1.2 READ MORE>>.

Outsource 100
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7 Keys To Strategic Partnerships That Profit Everyone

Startup Professionals Musings

Strategic partnerships in this context can take the form of joint ventures, intellectual property licensing, outsourcing agreements, or even cooperative research. Up-sell related products or cross endorsement. Let market response dictate a later split, merger, or acquisition. Willing to learn from each other.

Startup 105
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10 Ways Owners Often Jeopardize Their Business Growth

Startup Professionals Musings

In the interests of helping you work smarter and last longer, I would like to offer my top ten list of key resource drains to avoid in early businesses and startups, based on my years of advising entrepreneurs and my own business experience: Expanding your product line too quickly for scaling. Outsourcing services that could be done in-house.

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Maintain Your Startup Motivation While Working Harder

Startup Professionals Musings

This is the confirmation that your product or service fills a real need in the marketplace. Similarly, it will be very satisfying to see the productivity increases from your leadership and mentoring. This may also be the moment when you get your first big acquisition offer, rather than a clone appearing.

Startup 118
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9 Success Principles To Propel Your Next New Venture

Startup Professionals Musings

Products that can be easily produced and sold via multiple channels, including the Internet, are more easily scaled world-wide. This reduces the cost of customer acquisition, allows easy upgrades for service and new features, and improves customer loyalty in the face of new competitors in the market.