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6 Benefits of Outsourcing and Freelancing In Startups

Startup Professionals Musings

One of the most stressful and unanticipated challenges that comes with starting a new business is hiring and managing employees. A solution I often recommend, as least in early growth, is the use of outsourcing for critical tasks. Direct customer-facing non-technical roles should be the last ones outsourced. with experience.

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5 Startup Funding Models That Depend On The Consumer

Startup Professionals Musings

Yet as I mentor entrepreneurs around the country, crowdfunding still seems to be one of the least understood approaches to startup funding, with more myths than accredited angels and professional venture capital investors combined. The crowd gets the satisfaction of helping, with minimal risk, and no expectation of any high return.

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10 Ways To Get Tagged As High-Potential In A Startup

Startup Professionals Musings

Everyone knows that startups are risky, but they also expect that the job will be exciting and potentially very lucrative (think early employees at Facebook and Google). The truly indispensable person in a startup is a problem solver, because every startup has plenty of problems. You can’t outsource that one.

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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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10 Disciplines Every Entrepreneur Needs To Practice

Startup Professionals Musings

Innovation is the key to long-term business success, both in startups as well as established organizations. Then, when you are unable to remove more layers, you can build up to the fastest and most efficient way of getting that base thing done. This idea helps to distill down the most important things to make or sell in a product.

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7 Modern Day Business Strategies For Long-Term Growth

Startup Professionals Musings

Entice advocates and influencers to help you. Influencers are recognized experts and pseudo celebrities who can pick favorite products or start new trends. Be proactive is reaching out for support and help. Obviously, you need to promote these events via multiple digital and traditional marketing channels.

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5 Crowdfunding Approaches To Tempt Every Entrepreneur

Startup Professionals Musings

Yet as I mentor entrepreneurs around the country, it still seems to be one of the least understood approaches to startup funding, with more myths than accredited angels and professional venture capital investors combined. The crowd gets the satisfaction of helping, with minimal risk, and no expectation of any high return.