Startup Professionals Musings

OCTOBER 29, 2022

Here are six results that you can achieve by building a prototype, which are really the reasons that investors and partners will give you a whole new level of credibility as they evaluate your startup for potential funding: Something you can touch and feel helps validate opportunity. As a startup, you need all the leverage you can get.

Outsource Development 110

Outsource Development Ideas Tool Outsource 110

Startup Professionals Musings

APRIL 29, 2023

If your forte is a service, like consulting or web site design, it’s harder to find guidance on what will get you funded, and how you can scale your business. If you can’t quantify or document your service for repeatability and new employee training, you will kill yourself trying to grow the business.

Startup 111

Startup Training Services Writing 111

Startup Professionals Musings

AUGUST 3, 2020

If your forte is a service, like consulting or web site design, it’s harder to find guidance on what will get you funded, and how you can scale your business. If you can’t quantify or document your service for repeatability and new employee training, you will kill yourself trying to grow the business.

Startup 174

Startup Training Services Writing 174

Startup Professionals Musings

FEBRUARY 9, 2020

Outsourcing your core competency does not work. In the midst of high-tech development, funding, and selling, someone has to keep the office network running, get processes documented, and manage to keep everyone happy and busy. Outsourcing any of these critical roles is very expensive, and usually not very effective.

Technical Advisors 123

Technical Advisors Outsource Development Startup High Tech 123

Startup Professionals Musings

MAY 24, 2015

As a startup investor, I often see business proposals looking for funding that really look like expensive hobbies looking for donations. I still see entrepreneurs who spend money and time for months on a new business idea without any separation of personal and business funds, and any formal accounting system for their new business.

Outsource Development 99

Outsource Development Startup Competition Ideas 99

Startup Professionals Musings

APRIL 27, 2020

Yet if that leaves you with no documented business plan or unclear strategy, most investors and even customers will walk away. Don’t forget the wealth of “gig” experts for outsourcing at a low cost. I can remember several pitches where the entrepreneur looked and acted out of balance, thus terminating their funding opportunity.

Product 123

Product Startup Tips Entrepreneur 123

Startup Professionals Musings

MAY 4, 2014

Like it or not, you are now entering the dreaded realm of specifying and documenting “formal business processes.” Use a simple accounting tool like QuickBooks, get away from co-mingled funds, and you have the first business process you need. If you are contracting or outsourcing, this is even more important. Funding process.

Startup 107

Startup Outsource Development Training Outsource 107

Startup Professionals Musings

FEBRUARY 2, 2020

Here are six results that you can achieve by building a prototype, which are really the reasons that investors and partners will give you a whole new level of credibility as they evaluate your startup for potential funding: Something you can touch and feel helps validate opportunity. As a startup, you need all the leverage you can get.

Outsource Development 124

Outsource Development Ideas Tool Outsource 124

Startup Professionals Musings

MAY 28, 2016

As a startup investor, I often see business proposals looking for funding that really look like expensive hobbies looking for donations. I still see entrepreneurs who spend money and time for months on a new business idea without any separation of personal and business funds, and any formal accounting system for their new business.

Ideas 62

Ideas Outsource Development Startup Competition 62

Startup Professionals Musings

JANUARY 11, 2015

Outsource what is non-strategic to optimize leverage. Smart entrepreneurs never outsource their core competency, and never rely on intellectual property they don’t own. Document processes and build online training videos so new people can come online quickly and consistently. Attract and relish investor funding.

Startup 103

Startup Outsource Invest Ideas 103

Startup Professionals Musings

SEPTEMBER 7, 2013

Outsource what is non-strategic to optimize leverage. Smart entrepreneurs never outsource their core competency, and never rely on intellectual property they don’t own. Document processes and build online training videos so new people can come online quickly and consistently. Attract and relish investor funding.

Tips 111

Tips Startup Outsource Ideas 111

socalTECH

MARCH 26, 2014

We also have a cloud-baesd, billing and practice management solutions, which enables them to manage all of their internal financial processes, and we also have solutions for billing and cloud-based outsourcing of back office tasks. Dan Rodrigues: Yes, we''ve raised around $70M in venture funding to date.

Startup 160

Startup El Segundo CTO Hire Outsource Development 160

Startup Professionals Musings

JANUARY 31, 2013

Like it or not, you are now entering the dreaded realm of specifying and documenting “formal business processes.” Use a simple accounting tool like QuickBooks, get away from co-mingled funds, and you have the first business process you need. If you are contracting or outsourcing, this is even more important. Funding process.

Outsource Development 92

Outsource Development Training Outsource Metrics 92

Startup Professionals Musings

SEPTEMBER 13, 2015

Outsourcing your core competency does not work. In the midst of high-tech development, funding, and selling, someone has to keep the office network running, get processes documented, and manage to keep everyone happy and busy. Outsourcing any of these critical roles is very expensive, and usually not very effective.

Technical Advisors 105

Technical Advisors Outsource Development Startup High Tech 105

Tech Zulu Event

AUGUST 27, 2014

These milestones become a tool for you to seek funding, if necessary, whether that comes in the form of VC capital, a bank loan. And your accountant should provide the GAAP-compliant financial statements and other financial documentation you need to submit as part of the due diligence process. an AR line of credit, or another source.

Venture Capital 93

Venture Capital Outsource Help Writing 93

Startup Professionals Musings

AUGUST 20, 2012

A business plan is an “outward facing” document for external investors, or for C-level executives within your own company. Enough detail is required so that someone else can build it without you (outsourcing). Because this document is “outward facing” the tone and level has to change to be understandable by customers and investors.

Product 92

Product Outsource Development Competition High Tech 92

Startup Professionals Musings

FEBRUARY 18, 2018

Outsourcing your core competency does not work. In the midst of high-tech development, funding, and selling, someone has to keep the office network running, get processes documented, and manage to keep everyone happy and busy. Outsourcing any of these critical roles is very expensive, and usually not very effective.

Technical Advisors 57

Technical Advisors Startup Outsource Development High Tech 57

Startup Professionals Musings

SEPTEMBER 2, 2018

If your forte is a service, like consulting or web site design, it’s harder to find guidance on what will get you funded, and how you can scale your business. If you can’t quantify or document your service for repeatability and new employee training, you will kill yourself trying to grow the business.

Services 72

Services Startup Training Writing 72

Startup Professionals Musings

JUNE 11, 2014

Outsourcing your core competency does not work. In the midst of high-tech development, funding, and selling, someone has to keep the office network running, get processes documented, and manage to keep everyone happy and busy. Outsourcing any of these critical roles is very expensive, and usually not very effective.

Technical Advisors 98

Technical Advisors Startup Outsource Development High Tech 98

Startup Professionals Musings

AUGUST 23, 2015

Here are six results that you can achieve by building a prototype, which are really the reasons that investors and partners will give you a whole new level of credibility as they evaluate your startup for potential funding: Something you can touch and feel helps validate opportunity. As a startup, you need all the leverage you can get.

Ideas 107

Ideas Outsource Development Startup Tool 107

Startup Professionals Musings

SEPTEMBER 7, 2011

Use a simple accounting tool like QuickBooks, get away from co-mingled funds, and you have the first business process you need. Even if you are doing the work yourself, you need to document requirements, features, metrics, and milestones. If you are contracting or outsourcing, this is even more important. Funding process.

Startup 102

Startup Outsource Development Writing Training 102

Startup Professionals Musings

MAY 29, 2011

A business plan is an “outward facing” document for external investors, or for C-level executives within your own company. Enough detail is required so that someone else can build it without you (outsourcing). Because this document is “outward facing” the tone and level has to change to be understandable by customers and investors.

Product 93

Product Entrepreneur Outsource Development Competition 93

Tech Zulu Event

MARCH 3, 2015

Whether it’s something as extensive as filing patents, more simple trademark registrations, and or putting appropriate documentation in place, don’t ignore this and don’t rely on boilerplate online templates. And relying on NDAs is not the answer. Accounting and Finance Support. But you do need financial guidance. HR Partner.

Startup 40

Startup Outsource Development IP Outsource 40

Startup Professionals Musings

JULY 16, 2014

Here are the key objectives that you can achieve by building a prototype, which are really the reasons that investors and partners will give you a whole new level of credibility as they evaluate your startup for potential funding: Something you can touch and feel helps validate opportunity. As a startup, you need all the leverage you can get.

Outsource Development 105

Outsource Development Startup Ideas Tool 105

Startup Professionals Musings

JUNE 27, 2014

If your forte is a service, like consulting or web site design, it’s harder to find guidance on what will get you funded, and how you can scale your business. If you can’t quantify or document your service for repeatability and new employee training, you will kill yourself trying to grow the business.

Services 105

Services Startup Training Writing 105

InfoChachkie

MAY 16, 2011

Fallacy: Third-party, OEM (Original Equipment Manufacturing) representatives succeed once the sales process is defined, proven and documented. I am differentiating here between outsourced services that execute rote, routine tasks and consultants hired to performed ad hoc, mission critical engagements. 8 ) Grant Exclusivity.

Startup 242

Startup Outsource Development Outsource Sales 242

Startup Professionals Musings

FEBRUARY 10, 2018

Here are six results that you can achieve by building a prototype, which are really the reasons that investors and partners will give you a whole new level of credibility as they evaluate your startup for potential funding: Something you can touch and feel helps validate opportunity. As a startup, you need all the leverage you can get.

Ideas 53

Ideas Outsource Development Tool Outsource 53

Startup Professionals Musings

AUGUST 1, 2010

Use a simple accounting tool like QuickBooks, get away from co-mingled funds, and you have the first business process you need. Even if you are doing the work yourself, you need to document requirements, features, metrics, and milestones. If you are contracting or outsourcing, this is even more important. Funding process.

Startup 95

Startup Outsource Development Writing Training 95

Startup Professionals Musings

AUGUST 17, 2016

If your forte is a service, like consulting or web site design, it’s harder to find guidance on what will get you funded, and how you can scale your business. If you can’t quantify or document your service for repeatability and new employee training, you will kill yourself trying to grow the business.

Services 61

Services Startup Training Writing 61

SoCal CTO

OCTOBER 15, 2009

One interesting project, a bit different, is helping a paper-based collections agency implement a CRM/workflow software package and also select and integrate an eDocument Management Solution including scanning the paper-based backfile and putting in a go-forward process for capturing digital documents. What keeps you up at night?

Los Angeles 179

Los Angeles Product Angel Startup 179

Tech Zulu Event

FEBRUARY 12, 2015

Don’t outsource the job. It’ll also help you to hone your selling skills…which you’ll need to draw on heavily to be successful at raising funds. They won’t do that if they are faced with a poorly written, lengthy, and vague document. Here’s what not to do when crafting your executive summary. Don’t skip formalities.

Summary 40

Summary Outsource Development Writing Outsource 40

Startup Professionals Musings

MAY 9, 2010

A business plan is an “outward facing” document for external investors, or for C-level executives within your own company. Enough detail is required so that someone else can build it without you (outsourcing). Because this document is “outward facing” the tone and level has to change to be understandable by customers and investors.

Product 48

Product Outsource Development Competition High Tech 48

SoCal CTO

JUNE 26, 2012

In three of the cases, the founder was finding that the software teams (1 in-house, 2 outsourced) were delivering relatively well in the short-run. And we are not even moving yet on the the next big release that I have to have to get my next round of funding. You don't need a lot of documentation of these items.

Outsource Development 254

Outsource Development Software Development Develop Development 254

SoCal CTO

JANUARY 5, 2011

November 23, 2010 Entrepreneurs, Using Outsourcing to Obtain Capital Efficiency Needs to be Thought Through to be Effective - Robert Ochtel , June 7, 2010 Teen Entrepreneur, Brian Wong, Youngest Founder to Receive Angel Funding - teenentrepreneurblog.com , October 28, 2010 Build Your Own Silicon Valley?

Startup 378

Startup Venture Capital Blogging CTO Coach 378