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6 Benefits of Outsourcing and Freelancing In Startups

Startup Professionals Musings

A solution I often recommend, as least in early growth, is the use of outsourcing for critical tasks. While this approach appears to cost more on the surface, it often actually costs you less, when you consider the hidden costs of rework, poor customer satisfaction, employee management, and training required. with experience.

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6 Ways To Prevent Disastrous Outsourcing Decisions

Startup Professionals Musings

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. Factor in all the cost elements.

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Are You Properly Managing Your Core Competency?

Startup Professionals Musings

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. Factor in all the cost elements.

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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. No startup ownership or financial return should be expected, but contributors can enjoy the satisfaction of furthering non-profits or causes with a passion to change the world. Product pre-order model. Interest on debt model.

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10 Disciplines Every Entrepreneur Needs To Practice

Startup Professionals Musings

Distilling a field of work down to a single sentence describing the core elements helps to innovate and keep ahead of the curve. This idea helps to distill down the most important things to make or sell in a product. Outsource services back to the customer. Your long-term survival and satisfaction depend on it.

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5 Crowdfunding Approaches To Tempt Every Entrepreneur

Startup Professionals Musings

The crowd gets the satisfaction of helping, with minimal risk, and no expectation of any high return. No startup ownership or financial return should be expected, but contributors can enjoy the satisfaction of furthering non-profits or causes with a passion to change the world. Product pre-order model. Interest on debt model.

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7 Modern Day Business Strategies For Long-Term Growth

Startup Professionals Musings

Entice advocates and influencers to help you. Be proactive is reaching out for support and help. In this context, connecting with other complementary brands will help you share costs, as well as audiences across your industry. Obviously, you need to promote these events via multiple digital and traditional marketing channels.