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TaskRabbit Lets You Outsource Tasks To The Community

Tech Zulu Event

Taskrabbit aims to help “individuals and small businesses in a community outsource their tasks and deliveries.&#. After you sign up for an account, you post a task that you need performed, the details of the task and the price you are willing to pay for it to be completed. You will then hear from a TaskRabbit who can help.

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Some Quick Thoughts on Exits for Technology Startups

Both Sides of the Table

The median VC exit price for deals is $70 million (FLAG Capital via Bryce.VC). There is a mythology amongst some LPs (funds that invest in VCs) and some VCs that “entry price doesn’t matter – only investing in the absolute best entrepreneurs.” So entry price matters a lot. Outsourcing can be cheap.

Startup 323
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6 Key Leaders Every Technical Startup Needs To Thrive

Startup Professionals Musings

Outsourcing your core competency does not work. A sales fanatic on the founder team helps to contain that risk. Outside professionals are always available, but they may have their own agenda, such as building a career, making money quickly, or managing up the stock price for a quick exit. The sales professional.

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6 Cost-Cutting Recommendations For New Entrepreneurs

Startup Professionals Musings

You can now skip the mandatory office space rental, with secretary and bookkeeping staff, or outsourcing. With a little help from a friend, you can handle expenses, revenue, and payroll, with QuickBooks or a similar package. Required legal fees now average $5K or less, compared with $20K or more as a minimum.

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10 Business Model Components Required In Every Plan

Startup Professionals Musings

You can’t succeed in business without an operational model that delivers value to customers at a reasonable price, with an underlying cost that allows you to make a profit. Common choices include manufacturing in-house, outsourcing, off-the-shelf parts. Be specific on sales channels and marketing initiatives. Production. Distribution.

Sales 102
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5 Startup Funding Models That Depend On The Consumer

Startup Professionals Musings

The crowd gets the satisfaction of helping, with minimal risk, and no expectation of any high return. With this model, a startup pre-sells their product early, at a cheaper price, in exchange for a pledge. Product pre-order model. Other popular sites for startups, including StartupNation and Startups.co

Funding 141
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6 Team Members Who Will Make Your New Venture Robust

Startup Professionals Musings

Outsourcing your core competency does not work. A sales fanatic on the founder team helps to contain that risk. Outside professionals are always available, but they may have their own agenda, such as building a career, making money quickly, or managing up the stock price for a quick exit. The sales professional.