Remove time
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A heartbreaking story about time and money.

Berkonomics

First, think about your time as money! But first… There is a relationship between time and money that is more complex than most managers think. Since this number is budgeted and pre-authorized, managers tend to focus upon other things such as sales, marketing and product development issues. The art of good management.

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53 Questions Developers Should Ask Innovators

TechEmpower

At TechEmpower, we frequently talk to startup founders, CEOs, product leaders, and other innovators about their next big tech initiative. Background Questions Let’s start with some background questions about the business and product. Are there any specific hard dates or important time-sensitive opportunities? Wireframes?

Develop 520
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Wasted time is money lost.

Berkonomics

There is a relationship between time and money that is more complex than most managers think. Since this number is budgeted and pre-authorized, managers tend to focus upon other things such as sales, marketing and product development issues. But we investors often allow too little slack in our estimates as well.

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Create a great product – the three-step dance method

Berkonomics

Can you create a product in a vacuum? Creating a new product in a relative vacuum is an exercise in complete trust that you know what’s best for the customer, perhaps even without interaction with such a customer. On the other hand, most products or services are created in response to a real or perceived need.

Product 156
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Have you found your “teacher customer?”

Berkonomics

I internalized this phrase, recalling the many times I had partnered with customers to design new feature-functionality into my hotel computer system back when such systems were brand new to the industry. Next week we will focus upon product quality and its effects upon the organization. We have explored feature-functionality.

Customer 156
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Take this test to predict your success:

Berkonomics

If your vision is for a product or service that fills a need in a mature industry, you may be flying against the prevailing winds as a market shrinks over time, taking your business with it. If the market is ten times that size, there is probably room for competitors to fight for dominance and still succeed if you are not number one.

Patents 156
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Timing and why we’re all VCs

TechCrunch LA

Timing is the single most valuable skill of the modern economy, but I would argue its’s the least understood and also the least practiced. Capitalism is fundamentally about timing, since market competition is about finding opportunities before others. Now, some perceive that “timing” is synonymous with “luck.”