Startup Professionals Musings

OCTOBER 29, 2022

With a realistic prototype, you can get more accurate feedback from customers on their real need and what they might pay, before you invest millions on the final product. Time is money, and may be your primary competitive advantage. Don’t spend your whole development budget, before finding that you need another iteration.

Outsource Development 110

Outsource Development Ideas Tool Outsource 110

Startup Professionals Musings

FEBRUARY 15, 2021

It provided an industry-leading graphic development interface, but was not so strong on modeling and simulation. As a result, we shared in capturing a new high-end market, without major new marketing or development. All this was done without damaging anyone’s credibility, or stealing customers. You can do the same.

Startup 173

Startup Outsource Development Examples Customer 173

Startup Professionals Musings

SEPTEMBER 22, 2022

Great marketing is required to generate revenue and grow every business, especially new businesses which have no brand recognition nor loyal customer base. Yet, as a business consultant, I still find many of you business leaders relying primarily on your technology, word-of-mouth , or location to attract necessary customers.

Marketing 133

Marketing Customer Custom Outsource Development 133

Startup Professionals Musings

FEBRUARY 2, 2020

With a realistic prototype, you can get more accurate feedback from customers on their real need and what they might pay, before you invest millions on the final product. Time is money, and may be your primary competitive advantage. Don’t spend your whole development budget, before finding that you need another iteration.

Outsource Development 124

Outsource Development Ideas Tool Outsource 124

Berkonomics

MARCH 5, 2020

One way to mitigate this is by using early money to create a prototype, to perform market research, to complete the first generation of the product, or to deliver the service to a satisfied customer. And fifth: Competitive risk. . Second: Market risk. . Are you ahead or behind the market with your product or service?

Outsource Development 156

Outsource Development Ideas Resource Patents 156

Both Sides of the Table

NOVEMBER 1, 2009

As organizations we have become more open and I believe this is great for businesses and their customers. We spent time out in the marketplace talking with customers, looking at their solutions, comparing ourselves with our competition and then squirreling ourselves away in our offices designing our next set of features.

Organization 280

Organization Customer Custom Tips 280

Startup Professionals Musings

FEBRUARY 12, 2023

Offer free solutions to bring in more customers. Don’t get caught in the myth that you shouldn’t worry about monetization until after you have a large customer base. Social causes are great, but your ability to sustain your value contribution is directly linked to your ability to find paying customers.

Startup 124

Startup Writing Entrepreneur Ideas 124

Both Sides of the Table

JUNE 22, 2015

So that we’re speaking the same language I would define “exclusive” as a period in which your company is prohibited from doing business with certain customers or business partners, which is why many incorrectly assume this is necessarily bad. Why Exclusivity Matters to Your Customers or Business Development Partners.

Outsource Development 150

Outsource Development Startup Customer Custom 150

Startup Professionals Musings

MAY 24, 2015

Entrepreneurs need to document a process of responding to a market need, sizing opportunity, assigning a specific business model, and planning for marketing, sales, and customer satisfaction. Solution development and delivery. Typically some production and delivery is outsourced, requiring formal contracts and documentation.

Outsource Development 99

Outsource Development Startup Competition Ideas 99

Berkonomics

MARCH 14, 2019

One way to mitigate this is by using early money to create a prototype, to perform market research, to complete the first generation of the product, or to deliver the service to a satisfied customer. And fifth: Competitive risk. . Second: Market risk. . Will the public respond in numbers to buy, license or rent your offering?

Outsource Development 120

Outsource Development Ideas Resource Patents 120

Startup Professionals Musings

MAY 17, 2020

Offer free solutions to bring in more customers. Don’t get caught in the myth that you shouldn’t worry about monetization until after you have a large customer base. Social causes are great, but your ability to sustain your value contribution is directly linked to your ability to find paying customers.

Startup 174

Startup Writing Entrepreneur Ideas 174

Startup Professionals Musings

JULY 15, 2019

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. Look at the big picture first of development, finance, and marketing/sales. Conflicting visions won’t work.

Software Review 88

Software Review CTO Hire Outsource Development Startup 88

Startup Professionals Musings

SEPTEMBER 23, 2020

Mark Zuckerberg, while still in school, tested the viability of his “ FaceMash ” technology as a business by rolling it out to other students at Harvard as customers. He learned quickly that several pivots were required for business, legal, and customer acceptance reasons. Take advantage of free startup programs and mentors.

Entrepreneur 157

Entrepreneur Mentor Class Resource 157

Startup Professionals Musings

MAY 28, 2016

Entrepreneurs need to document a process of responding to a market need, sizing opportunity, assigning a specific business model, and planning for marketing, sales, and customer satisfaction. Solution development and delivery. Typically some production and delivery is outsourced, requiring formal contracts and documentation.

Ideas 62

Ideas Outsource Development Startup Competition 62

Both Sides of the Table

APRIL 20, 2010

I know this will fall like a lead balloon to the many people who believe it is possible to have a [insert: startup incubator or technology accelerator or technology consultant or outsource firm] build your technology. Some CTO’s swear that it is a huge improvement in development timeframes and doesn’t cause performance issues.

CTO Hire 400

CTO Hire Fractional VPE Startup Outsource Development 400

Startup Professionals Musings

FEBRUARY 27, 2019

A big trend in business these days is hiring freelancers or contract personnel for the duration of a project, rather than permanent staff. Here are some key strategies that I recommend to every worker today: Develop and highlight your competitive differentiation. Walk away from a bad role or customer.

Startup 98

Startup Outsource Development Competition Social Media 98

Startup Professionals Musings

AUGUST 23, 2015

With a realistic prototype, you can get more accurate feedback from customers on their real need and what they might pay, before you invest millions on the final product. Time is money, and may be your primary competitive advantage. Don’t spend your whole development budget, before finding that you need another iteration.

Ideas 107

Ideas Outsource Development Startup Tool 107

Berkonomics

MARCH 15, 2012

One way to mitigate this is by using early money to create a prototype, to perform market research, to complete the first generation of the product, or to deliver the service to a satisfied customer. And fifth: Competitive risk. Second: Market risk. Are you ahead or behind the market with your product or service?

Outsource Development 200

Outsource Development Ideas Resource Patents 200

Both Sides of the Table

APRIL 3, 2014

Whenever I heard why we didn’t feel a sales process at an important customer was going well (or if we lost) I would get involved myself. They are as good at selling you as they are at selling your product to customers. Customer also buy social proof because others are acting as strong references.

Sales 382

Sales Help Startup Pricing 382

Startup Professionals Musings

APRIL 22, 2014

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. Look at the big picture first of development, finance, and marketing/sales. Similar values and goals.

Software Review 107

Software Review Entrepreneur CTO Hire Outsource Development 107

Startup Professionals Musings

JULY 16, 2014

With a realistic prototype, you can get more accurate feedback from customers on their real need and what they might pay, before you invest millions on the final product. Time is money, and may be your primary competitive advantage. Don’t spend your whole development budget, before finding that you need another iteration.

Outsource Development 105

Outsource Development Startup Ideas Tool 105

Startup Professionals Musings

FEBRUARY 10, 2018

With a realistic prototype, you can get more accurate feedback from customers on their real need and what they might pay, before you invest millions on the final product. Time is money, and may be your primary competitive advantage. Don’t spend your whole development budget, before finding that you need another iteration.

Ideas 53

Ideas Outsource Development Tool Outsource 53

Startup Professionals Musings

FEBRUARY 8, 2013

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. Look at the big picture first of development, finance, and marketing/sales. Similar values and goals.

Software Review 103

Software Review Equity CTO Hire Outsource Development 103

socalTECH

JUNE 9, 2014

The third piece of our business, is we''ve developed the infrastructure, technology, and methodology to discover content, and put it into our own, salesforce like system, which allows our researchers to pick out videos, track down the content creators, and do all of the contracting through the system.

Media 235

Media Content Startup IP 235

Startup Professionals Musings

SEPTEMBER 14, 2015

A few years ago, before the Internet was pervasive, before everyone carried a smartphone and before do-it-yourself software tools were available for free, it was difficult to reach a critical mass of new customers without spending a million dollars on a website, custom software and television advertising.

Startup 108

Startup Search Engine Optimization Social Media Outsource Development 108

Startup Professionals Musings

JULY 16, 2017

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. Look at the big picture first of development, finance, and marketing/sales. Conflicting visions won’t work.

Software Review 56

Software Review CTO Hire Outsource Development CTO Coach 56

Startup Professionals Musings

MAY 4, 2014

Develop your business plan. Product development process. If you are contracting or outsourcing, this is even more important. Customer service and support. But having no process does not make you more competitive.

Startup 107

Startup Outsource Development Training Outsource 107

Startup Professionals Musings

OCTOBER 14, 2019

We slowly realized that Microsoft’s value went far beyond his technical contributions, due to his connections with key software developers and relationships with hardware manufacturers who could make the PC revolution universal. Build connections with key customers and competitors. Use and reward curiosity as a basis for relationships.

IBM 87

IBM IBM Ideas Technical Review 87

Startup Professionals Musings

AUGUST 1, 2014

It provided an industry-leading graphic development interface, but was not so strong on modeling and simulation. As a result, we shared in capturing a new high-end market, without major new marketing or development. All this was done without damaging anyone’s credibility, or stealing customers. You can do the same.

Startup 103

Startup Outsource Development Examples Customer 103

Both Sides of the Table

NOVEMBER 25, 2010

I believe that it is part of the DNA of an entrepreneur – being so competitive that you’re practically sick when you lose. They’re competitive. Ask your customer why you lost. I had been competing to win a contract at Thames Water, the largest water company in the UK. Specifically: 1.

Outsource Development 333

Outsource Development Software Review Technical Review News 333

socalTECH

APRIL 21, 2017

For people who send things out, it's a chance to be in front of your customer. We're working with some very large, extremely well known CPGs to help them establish that direct selling channel, and help them create a relationship with their customer. You need to understand what it means when a customer receives a product.

Startup 145

Startup Product Customer Custom 145

Both Sides of the Table

NOVEMBER 25, 2010

I believe that it is part of the DNA of an entrepreneur – being so competitive that you’re practically sick when you lose. They’re competitive. Ask your customer why you lost. I had been competing to win a contract at Thames Water, the largest water company in the UK. Specifically: 1.

Outsource Development 328

Outsource Development Software Review Technical Review News 328

Startup Professionals Musings

JUNE 29, 2011

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. Look at the big picture first of development, finance, and marketing/sales. Similar values and goals.

Software Review 96

Software Review CTO Hire Startup Outsource Development 96

Startup Professionals Musings

AUGUST 20, 2012

The product plan tells your developers what to build, and the marketing team what to market. Enough detail is required so that someone else can build it without you (outsourcing). Competition analysis. Development and rollout. Market research and competition. Market research.

Product 92

Product Outsource Development Competition High Tech 92

Startup Professionals Musings

JANUARY 31, 2013

Develop your business plan. Product development process. If you are contracting or outsourcing, this is even more important. Customer service and support. But having no process does not make you more competitive.

Outsource Development 92

Outsource Development Training Outsource Metrics 92

Jason Nazar

JULY 1, 2016

Add in public company demands, lawsuit targets, & millions of customers to continually satisfy, and you have to have great respect for those doing it well. A smaller set of stakeholders should be empowered to make bolder decisions held accountable by customers instead of surveys. Many times this is a great use of capital resources.

Entrepreneur 55

Entrepreneur Company Companies Outsource Development 55

Both Sides of the Table

MARCH 30, 2011

In the initial phases of any new market you’re developing a product (hopefully with a minimal set of features), getting feedback from customers, refining your product based on user feedback and then re-launching your product. Markets develop for a complex set of factors that are often beyond all of our control.

Development Team Review 374

Development Team Review Technical Review Startup Resource 374