Remove Demand Remove IP Remove Outsource Remove Sales
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What Should You Do with Your Crappy Little Services Business?

Both Sides of the Table

Early in a services business there is usually no profits as the company reinvests in hiring people to grow, but by $20 million in sales the company should at least be pulling in 10% profits (if not more) depending on how much is reinvested. You own the IP you create. Who are your competitors – how much do they charge?&#.

Services 332
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ConTraps Part III – Contract Traps Entrepreneurs Should Avoid At All Costs

InfoChachkie

Although necessary, “stepping stone” approach of initially utilizing smaller VARs to enter new geographic markets can become problematic as your business grows, because large VARs often demand uncontested, broad, multi-country coverage. A detailed NRE budget will help you avoid becoming the BDC’s adjunct, outsourced engineering team.

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Ten Rookie Startup Mistakes You Won’t Make

InfoChachkie

1) Expect Independent Channel Sales Reps To Perform Missionary Sales. Rationale: I cannot afford to hire a direct sales force. Fallacy: Third-party, OEM (Original Equipment Manufacturing) representatives succeed once the sales process is defined, proven and documented. Public relations at a startup is a sales process.

Startup 242