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Six Criteria for Outsourcing the Right Processes

Startup Professionals Musings

Since my background includes software development, I often get the question about when to build a solution in-house, versus outsourcing it to a local company, near-shore service, or off-shore organization in China, India, or Eastern Europe. Don’t outsource your core competency. Technology level. Product or services.

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5 Tips To Keep Your Startup Productive, Not Just Busy

Startup Professionals Musings

Use technology and tools, but don’t let them sink you. Don’t forget the wealth of “gig” experts for outsourcing at a low cost. Remember the concept of minimum viable product (MVP), which is designed to test viability and interest before you burn through too much of your energy and resources.

Product 123
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Six Key Factors in the Right Outsourcing Decision

Startup Professionals Musings

Since my background includes software development, I often get the question about when to build a solution in-house, versus outsourcing it to a local company, near-shore service, or off-shore organization in China, India, or Eastern Europe. Don’t outsource your core competency. Technology level. Product or services.

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5 Sources Of Ideas That Turn Into The Next Big Thing

Startup Professionals Musings

So why do I see some many funding requests for products along these lines? The hurricanes in the Gulf, the wildfires in California, and the monsoon floods around the world, all suggest that real opportunities for change are needed in climate control, forest management, and building design. Truly “disruptive” technologies.

Ideas 118
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10 Tips To Ensure That Your New Venture Is Investable

Startup Professionals Musings

Ready to scale is when you have a proven product and a proven business model, about to expand to new geographies and markets. A software product is a classic example of a scalable solution, since it costs real money to build the first copy, but unlimited additional copies can be quickly cloned for almost no incremental cost.

Tips 135
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To Outsource or Not to Outsource Software

Startup Professionals Musings

Since my background includes software development, I often get the question about when to build a solution in-house, versus outsourcing it to a local company, near-shore service, or off-shore organization in China, India, or Eastern Europe. Don’t outsource your core competency. Technology level. Product or services.

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7 Ways Your People Skills Are The Key To Your Success

Startup Professionals Musings

The critical success factors for a product business are well known, starting with selling every unit with a gross margin of 50 percent or more, building a patent and other intellectual property, and continuous product improvement. Low cost and low margin products can be winners, if the volume is high enough.

Startup 111