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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.
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.
If you have a software development background like mine, Im 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.
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.
One way to mitigate this is by using early money to create a prototype, to perform market research, to complete the first generation of the product, or to deliver the service to a satisfied customer. Second: Market risk. Are you ahead or behind the market with your product or service? And fifth: Competitive risk.
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. The same is true for filing patents, registering trademarks, and filing copyrights. Social media facilitates marketing and sales.
Gene Dolgoff: After years of research and development, we have developed technology which converts two dimensional video to 3D. It was a series of different technologies we had ot develop and apply for patents on, and now that we have it, we're working on a prototype. Why turn to crowdfunding and Fundable for this?
One way to mitigate this is by using early money to create a prototype, to perform market research, to complete the first generation of the product, or to deliver the service to a satisfied customer. Second: Market risk. . Are you ahead or behind the market with your product or service? compete in the marketplace?
Viral marketing costs real money, and your support staff and hosting systems cost even more. There is no substitute for market research to confirm that your passion matches a real need in the market. Patents and trademarks are very valuable in attracting investors for scaling, as well as future premium buyouts.
Nils Forsblom: TenFarms is a mobile app developer. We have a couple of different ideas in the pipeline, and have filed patents in our unique way of showing advertising on a very small screen. The more and more we looked into the idea, we saw there was a huge market for retailers. It was the guy we'd outsourced as CEO.
One of the readers asked my opinion around sharing your startup concept: My first question has always been - how do you protect your idea while shopping around for feedback, partners, developers, etc.? I like how Mark Suster handles the question in 10 Marketing Lessons for Early-Stage Tech Startups. Lots of thoughts here. " Ummm.
To be clear, I define a product specification as the technical definition of your product, to be used for development and testing purposes, with a quick business summary for context. For example, “We just patented a new battery technology that will cut your smartphone charge time and cost in half.” You need both to survive.
One of the readers asked my opinion around sharing your startup concept: My first question has always been - how do you protect your idea while shopping around for feedback, partners, developers, etc.? I like how Mark Suster handles the question in 10 Marketing Lessons for Early-Stage Tech Startups. Lots of thoughts here. " Ummm.
What I love about my job is getting to see teams of super-early-stage companies develop ideas that while raw have potential to make an impact on the market. This happens because many CEOs are passionate, market-driven people who are constantly trying to launch new products, win contracts, get press, hire staff and woo VCs.
One way to mitigate this is by using early money to create a prototype, to perform market research, to complete the first generation of the product, or to deliver the service to a satisfied customer. Second: Market risk. . Email readers, continue here…] Are you ahead or behind the market with your product or service?
The founders now need a $1M Angel investment to do the marketing for a national NewCo rollout, build a team to manage the rollout, and maybe even pay themselves a salary. Here are the components and “rules of thumb” that I recommend to every startup: Place a fair market value on all physical assets (asset approach).
In a new startup, there is tremendous competitive value in registering intellectual property early, but you don’t need to contract these tasks to expensive experts any longer. Trademarks, copyrights and even patents can be completed online by anyone through the U.S. Patent and Trademark Office site for a few hundred dollars.
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. The same is true for filing patents, registering trademarks, and filing copyrights. Social media facilitates marketing and sales.
Viral marketing costs real money, and your support staff and hosting systems cost even more. There is no substitute for market research to confirm that your passion matches a real need in the market. Patents and trademarks are very valuable in attracting investors for scaling, as well as future premium buyouts.
The founders now need a $1M Angel investment to do the marketing for a national NewCo rollout, build a team to manage the rollout, and maybe even pay themselves a salary. Here are the components and “rules of thumb” that I recommend to every startup: Place a fair market value on all physical assets (asset approach).
The founders now need a $1M Angel investment to do the marketing for a national NewCo rollout, build a team to manage blogs and other resources, and maybe even pay themselves a salary. Here are the components and “rules of thumb” that I recommend to every startup: Place a fair market value on all physical assets (asset approach).
All this sounds very enticing and many budding entrepreneurs can’t wait to fly to Paris or Shanghai to tap into the international markets. Under no circumstances should you put your partner under pressure to sign a contract before your departure date. We have heard that there are significant tax advantages in doing business offshore.
Many writers have outlined the critical success factors for product companies, like sell every unit at a profit, patent the design, and continuous product improvement. If your business offers a service, like marketing or management consulting, you are the product. Customers don’t like to see you learning on the job or outsourcing.
Many writers have outlined the critical success factors for product companies, like sell every unit at a profit, patent the design, and continuous product improvement. If your business offers a service, like marketing or management consulting, you are the product. Customers don’t like to see you learning on the job or outsourcing.
Viral marketing costs real money, and your support staff and hosting systems cost even more. There is no substitute for market research to confirm that your passion matches a real need in the market. Patents and trademarks are very valuable in attracting investors for scaling, as well as future premium buyouts.
A few other credible ones would include Chairman of the Board (COB), Chief Operating Officer (COO) and Chief Marketing Officer (CMO). Evangelism marketing is an advanced form of word of mouth marketing (WOMM), now largely replaced by Facebook and Twitter. The most common ones I see and salute are CEO, CFO, and CTO.
A few other credible ones would include Chairman of the Board (COB), Chief Operating Officer (COO) and Chief Marketing Officer (CMO). Evangelism marketing is an advanced form of word of mouth marketing (WOMM), now largely replaced by Facebook and Twitter. The most common ones I see and salute are CEO, CFO, and CTO.
A few other credible ones would include Chairman of the Board (COB), Chief Operating Officer (COO) and Chief Marketing Officer (CMO). Evangelism marketing is an advanced form of word of mouth marketing (WOMM), now largely replaced by Facebook and Twitter. The most common ones I see and salute are CEO, CFO, and CTO.
3D printing has been around for the past 30 years, however patents prevented others from advancing such technology. Now, those patents have finally dissolved and allowed a new wave of innovators to take advantage of the technology. Traditional manufacturing would subtract materials to create a product.
Santa Barbara-based Ice Energy (www.ice-energy.com) has quietly been working away at developing energy storage systems to help smooth out the demand for energy on the nation's power grid. We have thirteen patents associated with the Ice bear. megawatts of energy. These devices are not usually deployed one or two at a time.
All this sounds very enticing and many budding entrepreneurs can’t wait to fly to Paris or Shanghai to tap into the international markets. Under no circumstances should you put your partner under pressure to sign a contract before your departure date. We have heard that there are tax advantages in doing business offshore.
Viral marketing costs real money, and your support staff and hosting systems cost even more. There is no substitute for market research to confirm that your passion matches a real need in the market. Patents and trademarks are very valuable in attracting investors for scaling, as well as future premium buyouts.
► February (1) Building and Developing an A++ Team ► 2008 (14) ► December (1) Develop a Culture Roadmap ► November (2) Green Week - Save the Environment and Your Cash Creating a Culture of Innovation: Cultural Values. Outsourcing ► April (1) GoogleClick - Who owns your cash register? Startup 3.0:
To make sure your IP is protected — As I’ve written before, failing to develop an IP strategy, including a plan for protecting your IP as well as avoiding unwitting infringements of someone else’s, is a huge mistake. Make sure you have a lawyer to help draft your contracts and guide you’re communicating policies and procedures.
While it is impossible to know what the future holds, startup business owners can bank on the fact that potential future buyers will be evaluating their financial statements in addition to the value of their corporate team, working partnerships, marketing efforts, patents, and reputation. Key functions should not be outsourced.
If you are inventing or creating a product, understand patents and register for one at the USPTO. Ensure your business name is available on a wide variety of social networking websites in order to develop consistent branding ( KnowEm ). Marketing & PR. Plan your marketing strategy. Master social media marketing.
► February (1) Building and Developing an A++ Team ► 2008 (14) ► December (1) Develop a Culture Roadmap ► November (2) Green Week - Save the Environment and Your Cash Creating a Culture of Innovation: Cultural Values. Outsourcing ► April (1) GoogleClick - Who owns your cash register? Startup 3.0:
► February (1) Building and Developing an A++ Team ► 2008 (14) ► December (1) Develop a Culture Roadmap ► November (2) Green Week - Save the Environment and Your Cash Creating a Culture of Innovation: Cultural Values. Outsourcing ► April (1) GoogleClick - Who owns your cash register? Startup 3.0:
► February (1) Building and Developing an A++ Team ► 2008 (14) ► December (1) Develop a Culture Roadmap ► November (2) Green Week - Save the Environment and Your Cash Creating a Culture of Innovation: Cultural Values. Outsourcing ► April (1) GoogleClick - Who owns your cash register? Go-to-Market 5.
In many cases, agreements crafted by BDC lawyers resemble ConTraps rather than mutually beneficial contracts. This series describes how entrepreneurs can craft company-changing agreements with BDCs, while avoiding Kiss of Death contract provisions. Such misrepresentations embarrass the BDC executives and confuse the market.
In many cases, agreements crafted by BDC lawyers resemble ConTraps rather than mutually beneficial contracts. This series describes how entrepreneurs can craft company-changing agreements with BDCs, while avoiding Kiss of Death contract provisions. Such misrepresentations embarrass the BDC executives and confuse the market.
Of course, their answer is that the second intends to get to market faster, but every engine has limits regardless the fuel applied. Be a miser with contract services and facilities. Use social media for early marketing. Getting a sales contract before manufacturing inventory. Tackling most of the support tasks yourself.
Of course, their answer is that the second intends to get to market faster, but every engine has limits regardless the fuel applied. Be a miser with contract services and facilities. Use social media for early marketing. Getting a sales contract before manufacturing inventory. Tackling most of the support tasks yourself.
Of course, their answer is that the second intends to get to market faster, but every engine has limits regardless the fuel applied. Be a miser with contract services and facilities. Use social media for early marketing. Getting a sales contract before manufacturing inventory. Tackling most of the support tasks yourself.
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