Berkonomics

JANUARY 28, 2021

I can’t tell you how many times I’ve walked away from deals where the entrepreneur insists on a start-up pre-money valuation that is so high, no angel could expect to make a return upon the investment, even with a reasonable sales price for the company down the road. The post Don’t get hung up on early stage valuation.

Outsource Development 156

Outsource Development Startup Outsource Venture Capital 156

Startup Professionals Musings

JULY 11, 2012

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. It’s like giving up control of your company.

Outsource Development 89

Outsource Development Outsource Software Development Software 89

Startup Professionals Musings

APRIL 17, 2011

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. It’s like giving up control of your company.

Outsource Development 90

Outsource Development Outsource Software Development Software 90

Startup Professionals Musings

NOVEMBER 4, 2022

In my years of advising startups and occasional investing, I’ve seen many great ideas start and fail, but the right team always seems to make good things happen, even without the ultimate idea. Yet every entrepreneur I meet wants to talk about the idea, and rarely mentions the team. The sales professional.

Technical Advisors 123

Technical Advisors Startup Outsource Development High Tech 123

Startup Professionals Musings

NOVEMBER 14, 2021

Innovation is the key to long-term business success, both in startups as well as established organizations. Yet every business and every entrepreneur I know struggles with this challenge, focused on hiring the right people and implementing the right process. Outsource services back to the customer.

Entrepreneur 158

Entrepreneur Startup Outsource Development Design 158

Startup Professionals Musings

JUNE 7, 2020

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.

Entrepreneur 131

Entrepreneur Outsource Development Startup Competition 131

Startup Professionals Musings

OCTOBER 19, 2022

Even if you ignore all the hype around crowdfunding, there can be no doubt that it is a real alternative for entrepreneurs to achieve visibility and funding today. With this model, a startup pre-sells their product early, at a cheaper price, in exchange for a pledge. Startup equity model. Product pre-order model. In the U.S.,

Funding 141

Funding Startup Outsource Development Satisfaction 141

Startup Professionals Musings

APRIL 4, 2010

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. It’s like giving up control of your company.

Outsource Development 51

Outsource Development Outsource Software Offshore 51

Startup Professionals Musings

AUGUST 8, 2014

If you have a software development background like mine, Im sure you often get questions about when to outsource, versus building the solution in-house. Outsourcing is defined as contracting the work to another company, usually located in a developing country, like India, China, or Eastern Europe.

Outsource Development 95

Outsource Development Outsource Offshore Software Review 95

Startup Professionals Musings

MARCH 10, 2023

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 115

Outsource Development Startup Competition Ideas 115

Startup Professionals Musings

APRIL 17, 2022

Very few entrepreneurs have the range of skills and experience to be the solution creator as well as business creator, or operational as well as sales leader. Most entrepreneurs work long hours and weekends to get the job done. Look at the big picture first of development, finance, and marketing/sales. Marty Zwilling.

Software Review 154

Software Review CTO Hire Outsource Development Startup 154

Startup Professionals Musings

JANUARY 20, 2020

Even if you ignore all the hype around crowdfunding, there can be no doubt that it is a real alternative for entrepreneurs to achieve visibility and funding today. With this model, a startup pre-sells their product early, at a cheaper price, in exchange for a pledge. Startup equity model. Product pre-order model. In the U.S.,

Entrepreneur 129

Entrepreneur Outsource Development Satisfaction Equity 129

Berkonomics

JULY 10, 2014

I can’t tell you how many times I’ve walked away from deals where the entrepreneur insists on a start-up premoney valuation that is so high, no angel could expect to make a return upon the investment, even with a reasonable sales price for the company down the road. Starting up Raising money'

Startup 179

Startup Outsource Development Outsource Venture Capital 179

Startup Professionals Musings

OCTOBER 31, 2011

Almost every startup is a virtual team these days, since most don’t start out with dedicated office space, and some or all members of the team work part-time or out of their own home. Outsourcing is just another extension of the virtual team concept to people you don’t even know.

Outsource Development 99

Outsource Development Outsource Startup Satisfaction 99

Startup Professionals Musings

OCTOBER 30, 2020

Every aspiring entrepreneur I know is talking about the fact that there are over 2,000 billionaires in the world today, and how their innovative idea could make them one of the next ones. Most of you prefer to ignore the feedback from analysts that your chances of creating the next unicorn startup may be as low as one in five million.

Outsource Development 154

Outsource Development Social Media Software Review Customer 154

Both Sides of the Table

SEPTEMBER 8, 2009

This is part of my ongoing series called “ Start-up Lessons.&#. I came across this blog post about getting a computer science degree as the best degree for getting into venture capital or working at a VC-backed start up. I paid up for the diploma but can’t say that I saw better results. So back to MBAs.

Startup 337

Startup Venture Capital Study Course 337

Startup Professionals Musings

OCTOBER 17, 2020

Entrepreneurs who search for real pain points, and build solutions around them, have the best chance of changing the world. In my opinion, real pain points for most people do not include a new user interface for Facebook, a new programming platform for app development, or a new size smart phone. The impact of global instability.

Customer 167

Customer Custom Startup Outsource Development 167

Both Sides of the Table

JULY 5, 2010

In the era of Skype, web conferencing tools and collaboration software conventional wisdom says that distributed startup teams can be just as effective as those that are in person. Or more precisely the people espousing the benefits of distributed startups teams are often distributed and therefore self rationalizing it. Been there.

Technical Advisors 335

Technical Advisors Outsource Development Offshore Startup 335

Jason Nazar

MAY 19, 2009

This month’s “Startups Uncensored” will be on “Outsourcing Web Development & Businesses”. It will be an open and frank town-hall conversation revealing the best practices and methodologies for building your web-based company through outsourcing. TO SIGN UP FOR THIS EVENT, CLICK HERE. About Startups Uncensored.

Outsource Development 46

Outsource Development Web Development Outsource Web 46

Startup Professionals Musings

OCTOBER 29, 2022

These days, everyone wants to be an entrepreneur, pitching their latest and greatest new idea, and looking for someone to give them money. Talk is cheap, but entrepreneurs who show you a working model of their idea know how to execute. Don’t spend your whole development budget, before finding that you need another iteration.

Outsource Development 110

Outsource Development Ideas Tool Outsource 110

Startup Professionals Musings

MAY 4, 2020

I’m sure you have all seen entrepreneurs and startups with great ideas that never seem to live up to their potential, while others with more mundane solutions seem to take off quickly and never slow down. Startup success is rarely a straight-line process, so knowing where you stand at any given point is critical to success.

Startup 123

Startup Outsource Development Entrepreneur Outsource 123

Startup Professionals Musings

SEPTEMBER 5, 2016

In my experience as an advisor to aspiring entrepreneurs, I often encounter the myth that an initial startup requires investors. Outside funding is not a startup entitlement. Outside funding is not a startup entitlement. Flaws in a business plan are often masked by money, but ultimately will kill any startup.

Entrepreneur 67

Entrepreneur Startup Equity Outsource Development 67

Startup Professionals Musings

JULY 27, 2014

It wasn’t so many years ago that starting a new e-commerce business on the Internet was a complex custom development project, usually costing a million dollars or more. Almost anyone can start a company today on a shoestring budget, following these cost-cutting recommendations: Establish a solid legal structure for your business.

Entrepreneur 104

Entrepreneur Startup Social Media Commerce 104

Startup Professionals Musings

JULY 8, 2023

Entrepreneurs who search for real pain points, and build solutions around them, have the best chance of changing the world. In my opinion, real pain points for most people do not include a new user interface for Facebook, a new programming platform for app development, or a new size smart phone. The impact of global instability.

Ideas 118

Ideas Outsource Development Outsource Course 118

Startup Professionals Musings

OCTOBER 11, 2023

In reality, based on my experience as a startup advisor and investor, these constraints lead the best entrepreneurs to the most innovative solutions and new markets otherwise overlooked by their peers and competitors. I’m often asked for the secret to this attribute in developing a team culture.

Resource 111

Resource Competition Outsource Development Startup 111

Startup Professionals Musings

FEBRUARY 9, 2020

In my years of advising startups and occasional investing, I’ve seen many great ideas start and fail, but the right team always seems to make good things happen, even without the ultimate idea. Yet every entrepreneur I meet wants to talk about the idea, and rarely mentions the team. The sales professional.

Technical Advisors 123

Technical Advisors Outsource Development Startup High Tech 123

InfoChachkie

MAY 16, 2011

As an entrepreneur and startup investor, I have helped create companies which achieved two IPOs which collectively raised over $100 million, as well as two acquisitions which totaled $385 million. Public relations at a startup is a sales process. “Learn from the mistakes of others. 2) Secure Your Intellectual Property Too Early.

Startup 242

Startup Outsource Development Outsource Sales 242

Tech Zulu Event

JANUARY 1, 2013

The final episode of Bravo’s Start-ups: Silicon Valley aired recently, wrapping up an 8-episode run of what could be considered the most bizarre depiction of entrepreneurs and start-ups to date. They sound serious about start-ups, however actions speak louder than words. What was that ?

Startup 90

Startup Technical Review Software Review Outsource Development 90

TechCrunch LA

MARCH 31, 2021

The sweeping infrastructure package put forward today by President Joe Biden comes with a price tag of roughly $2 trillion (and hefty tax hikes) but gives startups and the broader tech industry about $1 trillion worth of reasons to support it. A Biden presidency doesn’t need a Green New Deal to make progress on climate change.

Startup 229

Startup Technical Review Invest Research 229

Startup Professionals Musings

FEBRUARY 2, 2020

These days, everyone wants to be an entrepreneur, pitching their latest and greatest new idea, and looking for someone to give them money. Talk is cheap, but entrepreneurs who show you a working model of their idea know how to execute. Don’t spend your whole development budget, before finding that you need another iteration.

Outsource Development 124

Outsource Development Ideas Tool Outsource 124

Startup Professionals Musings

JULY 10, 2021

While I’m not so sure that I agree that these represent the ultimate apocalypse of customers, I do believe the solutions he recommends should be taken seriously by every entrepreneur. Too many businesses still tolerate archaic IT tools, or resort to rogue mashups developed to circumvent the approved tools.

Customer 173

Customer Custom Social Media Outsource Development 173

Startup Professionals Musings

DECEMBER 13, 2019

When you are starting a new business, every resource is precious, including time, funding, and people. As your business starts to scale, you can’t do everything manually anymore. Outsourcing services that could be done in-house. Outsourcing is an expensive solution for poor planning.

Outsource Development 122

Outsource Development Outsource Metrics Technical Review 122

InfoChachkie

MAY 19, 2011

This series describes how entrepreneurs can craft company-changing agreements with BDCs, while avoiding Kiss of Death contract provisions. In Part II of this series, I suggest that entrepreneurs seek agreements in which “what is good for the goose is good for the gander.” Give up Branding. Deploy a Free Pilot.

Outsource Development 193

Outsource Development IP Technical Review Entrepreneur 193

Both Sides of the Table

MARCH 3, 2013

Let me start by saying that Clayton is one of the most influential people on my thoughts about markets that led to both the concept behind my first startup and my main theses in investing. Startup Grind was a truly awesome conference and Derek the consumate host. .” Who else does Clayton pray for?

Venture Capital 403

Venture Capital Education Offshore Outsource Development 403

Startup Professionals Musings

JULY 15, 2019

Very few entrepreneurs have the range of skills and experience to be the solution creator as well as business creator, or operational as well as sales leader. Most entrepreneurs work long hours and weekends to get the job done. Look at the big picture first of development, finance, and marketing/sales. Marty Zwilling.

Software Review 88

Software Review CTO Hire Outsource Development Startup 88

Startup Professionals Musings

JUNE 11, 2014

In my years of advising startups and occasional investing, I’ve seen many great ideas start and fail, but the right team always seems to make good things happen, even without the ultimate idea. Yet every entrepreneur I meet wants to talk about the idea, and rarely mentions the team. The sales professional.

Technical Advisors 98

Technical Advisors Startup Outsource Development High Tech 98

Startup Professionals Musings

AUGUST 23, 2015

These days, everyone wants to be an entrepreneur, pitching their latest and greatest new idea, and looking for someone to give them money. Talk is cheap, but entrepreneurs who show you a working model of their idea know how to execute. Don’t spend your whole development budget, before finding that you need another iteration.

Ideas 107

Ideas Outsource Development Startup Tool 107