Remove Capital Remove IP Remove Outsource Development Remove Sales
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How to Make Sure Professional Services Don’t Take Over Your Software Company

Both Sides of the Table

So when I meet with GRP portfolio companies that do enterprise sales I try to emphasize the following: 1. Often your sales engineers can do the customizations without bugging the core eng team. Importantly, make sure that you retain IP rights to your custom work which needs to be part of the engagement contract.

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How Great, Operationally-Focused CFO’s Can Transform Your Business

Both Sides of the Table

What I love about my job is getting to see teams of super-early-stage companies develop ideas that while raw have potential to make an impact on the market. It freed up Ophir to grow out our sales organization, to work more closely with agencies, to innovate on product and to raise capital. They can help you with pricing.

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Should Startups Focus on Profitability or Not?

Both Sides of the Table

The most obvious way to explain this is with sales people. If you hire 6 sales reps in January at $120,000 / year salary then you’ve taken on an extra $60,000 per month in costs yet these sales people might not close new business for 4-6 months. “COGS” represents the amount that each sale costs you.

Startup 418
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NDA Stealth Mode and Sharing Your Startup Concept

SoCal CTO

One of the readers asked my opinion around sharing your startup concept: My first question has always been - how do you protect your idea while shopping around for feedback, partners, developers, etc.? You’ll refine your sales and investor pitch. Especially if the idea could be whipped-up by a few 24-year olds in a few weeks?

Startup 211
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10 Finance Tips for Very Early-Stage Startups

Tech Zulu Event

We’re talking a skeleton crew of staff, minimal sales, and even less cash. Develop your financial projections. Create a bottom-up financial forecast that uses your detailed budget and sales projections as the starting point. Managing working capital, mainly cash at this stage, is critical since liquidity is a huge concern.

Tips 101
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NDA Stealth Mode and Sharing Your Startup Concept

SoCal CTO

One of the readers asked my opinion around sharing your startup concept: My first question has always been - how do you protect your idea while shopping around for feedback, partners, developers, etc.? You’ll refine your sales and investor pitch. Especially if the idea could be whipped-up by a few 24-year olds in a few weeks?

Startup 198
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10 Finance Tips for Very Early-Stage Startups

Tech Zulu Event

We’re talking a skeleton crew of staff, minimal sales, and even less cash. Develop your financial projections. Create a bottom-up financial forecast that uses your detailed budget and sales projections as the starting point. Managing working capital, mainly cash at this stage, is critical since liquidity is a huge concern.

Tips 90