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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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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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7 Government Small Business Grants to Apply For in May 2024

Tech.Co

Department of Commerce Minority Business Development Agency (MBDA) 🔎 Want to browse the web privately? 8(a) Business Development Program For: Socially and economically disadvantaged business owners Funding limit: $7 million for acquisitions assigned manufacturing NAICS codes and $4.5 million for products and services, and $5.5

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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.

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Sales Kids With Grit – Web 2.0 Paper Routes

InfoChachkie

Understandably, the pricing has to be excessive to provide sufficient margin for the product’s producer and an adequate incentive for the non-profit organization. Yet when a child attempts to sell such mis-priced items, the experience is often discouraging, due to the poor cost / value equation associated with such fundraising products.

Web 2.0 222
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Frank Addantes FounderBlog: 5. Outsourcing

Frank Addante

Outsourcing ► April (1) GoogleClick - Who owns your cash register? Under Process, Over Deliver So, you need to develop a product? ► 2006 (20) ► December (2) Just Say What it Is 12 Proven Guidelines for Rapid Product Development. Internet Advertising ASP) Exit: $112M IPO and acquisition Lesson: Think big.

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How OneStop Internet Is Powering Ecommerce For Brands

socalTECH

If you''re a brand or retailer, needing to get online, there are a lot of things to deal with to run your e-commerce business smoothly--everything from your e-commerce site itself, to taking photos of your products, packing and shipping, to digital marketing. But, that''s why you don''t see a lot of companies doing this.

Commerce 203