Competition Examples Invest Outsource 
Startup Professionals Musings
DECEMBER 2, 2022
There are no “overrides” – for example, businesses don’t thrive just because they offer the latest technology, or because everyone wants to be “green,” or because their goal is to reduce world hunger. Common choices include manufacturing in-house, outsourcing, off-the-shelf parts. Competition. Production. Distribution.
Startup Professionals Musings
APRIL 29, 2023
With services, scaling the business often implies cloning yourself, since you are the intellectual property and the competitive advantage. For example, both need to provide exemplary customer service, build customer loyalty, and provide real value for a competitive price. Recruit only the best people, with the right base skills.
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Startup Professionals Musings
AUGUST 3, 2020
With services, scaling the business often implies cloning yourself, since you are the intellectual property and the competitive advantage. For example, both need to provide exemplary customer service, build customer loyalty, and provide real value for a competitive price. Recruit only the best people, with the right base skills.
InfoChachkie
JUNE 4, 2012
In addition to paying the consultant, you must invest time to educate them. In many instances, it is difficult to gain an adequate return on this time investment, as the knowledge transferred is lost once the consultant moves on to their next client. Fallacy: An entrepreneur’s two most precious assets are time and money.
Startup Professionals Musings
SEPTEMBER 2, 2018
With services, scaling the business often implies cloning yourself, since you are the intellectual property and the competitive advantage. For example, both need to provide exemplary customer service, build customer loyalty, and provide real value for a competitive price. Recruit only the best people, with the right base skills.
InfoChachkie
MAY 16, 2011
In addition to paying the consultant, you must invest time to educate them. In many instances, it is difficult to gain an adequate return on this time investment, as the knowledge transferred is “lost” once the consultant moves on to their next client. Thus, I am willing to protect their investment from future dilution.
Startup Professionals Musings
FEBRUARY 29, 2016
I believe that the resourcefulness to turn constraints into competitive differentiators and new opportunities is a trait that separates the great entrepreneurs from the “wannabes.” They look for creative solutions to problems that are inhibiting progress, rather than the conventional solution of outsourcing or hiring people.
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