Remove Metrics Remove Outsource Remove Outsource Development Remove Training
article thumbnail

8 Signs Of A New Business Initiative And Not A Hobby

Startup Professionals Musings

Solution development and delivery. Typically some production and delivery is outsourced, requiring formal contracts and documentation. Hobbies are developed ad-hoc, driven by personal needs. Show that you have a process to hire, fire, and train others as required. Marketing, sales, support, and service operations.

article thumbnail

10 Ways Owners Often Jeopardize Their Business Growth

Startup Professionals Musings

Some chaos is normal in every new business, but many wait far too long before they install metrics based on “best practices,” and fail to attack obvious bottlenecks with a vengeance. People with the wrong tools or no training. It’s no secret that some people are more productive than others, due to skills, training, or commitment.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

8 Indications Of A Real Entrepreneur Versus A Hacker

Startup Professionals Musings

Solution development and delivery. Typically some production and delivery is outsourced, requiring formal contracts and documentation. Hobbies are developed ad-hoc, driven by personal needs. Show that you have a process to hire, fire, and train others as required. Marketing, sales, support, and service operations.

article thumbnail

8 Processes Define A Business Rather Than A Hobby

Startup Professionals Musings

Solution development and delivery. Typically some production and delivery is outsourced, requiring formal contracts and documentation. Hobbies are developed ad-hoc, driven by personal needs. Show that you have a process to hire, fire, and train others as required. Marketing, sales, support, and service operations.

article thumbnail

Don’t Let Investors Conclude Your Startup Is A Hobby

Startup Professionals Musings

Develop your business plan. Product development process. Even if you are doing the work yourself, you need to document requirements, features, metrics, and milestones. If you are contracting or outsourcing, this is even more important. Manage human resources. Don’t try this without a formal process.

Startup 107
article thumbnail

How To Take Your Idea From A Hobby To A Business

Startup Professionals Musings

Solution development and delivery. Typically some production and delivery is outsourced, requiring formal contracts and documentation. Hobbies are developed ad-hoc, driven by personal needs. Show that you have a process to hire, fire, and train others as required. Marketing, sales, support, and service operations.

Ideas 62
article thumbnail

8 Key Processes Distinguish a Business From a Hobby

Startup Professionals Musings

Develop your business plan. Product development process. Even if you are doing the work yourself, you need to document requirements, features, metrics, and milestones. If you are contracting or outsourcing, this is even more important. Manage human resources. Don’t try this without a formal process.