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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.
Fourth: Financial risk. Any new enterprise is at risk if there are not enough resources to get the company to breakeven, which is a proxy for stability. This is sometimes labeled “execution risk” addressing whether management can create and run the company producing the product acceptable to the marketplace.
And a big factor is how big is the Founder Developer Gap. There’s a funny phenomenon where often the best sounding technical people are often the worst developers. I would suggest if you are thinking about what you really need for your startup in terms of technology, you also take a look at: Startup CTO or Lead Developer.
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. A programmer can build a new smartphone app for a few thousand dollars.
Any new enterprise is at risk if there are not enough resources to get the company to breakeven, which is a proxy for stability. This is sometimes labeled “execution risk” addressing whether management can create and run the company producing the product acceptable to the marketplace. Fourth: Financial risk. . And fifth: Competitive risk.
In fact, I think the evidence is clear that many entrepreneurs started their journey while still in college, and capitalized on all the resources there, before moving on: Extend your technology focus with business basics. Every school recognizes the power of “hands-on” work to help you develop your own ideas into a business.
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.? Some resources on this: Intellectual Property is More Than Patents Does My Startup Have Intellectual Property? False Confidence.
Patents and trademarks are very valuable in attracting investors for scaling, as well as future premium buyouts. Willing to start today and find resources later. Marketing should start before product development. Bypasses intellectual property as not worth the cost. Thinks boundless energy is equal to experience.
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.? Some resources on this: Intellectual Property is More Than Patents Does My Startup Have Intellectual Property? False Confidence.
Entrepreneurs often have formidable technical expertise, key to developing a new product or service, but a great naïveté in management skills. Every growth company needs to innovate continually, maybe spending 20 percent of your revenues on research and development. Inspire, Motivate, and Bring Out the Best in Your People.”
Any new enterprise is at risk if there are not enough resources to get the company to breakeven, which is a proxy for stability. This is sometimes labeled “execution risk” addressing whether management can create and run the company producing the product acceptable to the marketplace. Fourth: Financial risk. . And fifth: Competitive risk.
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. Clearly the founders and senior executives of a company are the most valuable resources and their time should be maximized on the most valuable tasks. HR & Legal. Shame on you.
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. A programmer can build a new smartphone app for a few thousand dollars.
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. Customers don’t like to see you learning on the job or outsourcing. You can’t measure, scale, or patent a service process that is not clearly documented.
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. Customers don’t like to see you learning on the job or outsourcing. You can’t measure, scale, or patent a service process that is not clearly documented.
Patents and trademarks are very valuable in attracting investors for scaling, as well as future premium buyouts. Willing to start today and find resources later. Marketing should start before product development. Bypasses intellectual property as not worth the cost. Thinks boundless energy is equal to experience.
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.
Mobilizing all the resources of localized 3D design, 3D printing, traditional manufacturing and input materials for individual custom creations with added benefits of supporting our local economy,” says Jeremy Goodwin, co-founder of SYNCFAB. More technically speaking, SYNCFAB is a technical hybrid 3D print and design solution platform.
Entrepreneurs often have formidable technical expertise, key to developing a new product or service, but a great naïveté in management skills. Every growth company needs to innovate continually, maybe spending 20 percent of your revenues on research and development. Inspire, Motivate, and Bring Out the Best in Your People.”
Entrepreneurs often have formidable technical expertise, key to developing a new product or service, but a great naïveté in management skills. Every growth company needs to innovate continually, maybe spending 20 percent of your revenues on research and development. Inspire, Motivate, and Bring Out the Best in Your People.”
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. The value of patents and trademarks is not certifiable, especially if you are only at the provisional stage. NewCo doesn’t have any of these yet.
Patents and trademarks are very valuable in attracting investors for scaling, as well as future premium buyouts. Willing to start today and find resources later. Marketing should start before product development. Bypasses intellectual property as not worth the cost. Thinks boundless energy is equal to experience.
What you really need is a VP of Marketing and Customer Development, who can help with lead generation and honing the message, rather than an executive to manage a sales team and existing customers. Chief Human Resources Officer (VP Personnel). Unless your business is a religion, I don’t recommend it for a startup these days.
What you really need is a VP of Marketing and Customer Development, who can help with lead generation and honing the message, rather than an executive to manage a sales team and existing customers. Chief Human Resources Officer (VP Personnel). Unless your business is a religion, I don’t recommend it for a startup these days.
What you really need is a VP of Marketing and Customer Development, who can help with lead generation and honing the message, rather than an executive to manage a sales team and existing customers. Chief Human Resources Officer (VP Personnel). Unless your business is a religion, I don’t recommend it for a startup these days.
Entrepreneurs often have formidable technical expertise, key to developing a new product or service, but a great naïveté in management skills. Every growth company needs to innovate continually, maybe spending 20 percent of your revenues on research and development. Inspire, Motivate, and Bring Out the Best in Your People.”
Patents and trademarks are very valuable in attracting investors for scaling, as well as future premium buyouts. Willing to start today and find resources later. Marketing should start before product development. Bypasses intellectual property as not worth the cost. Thinks boundless energy is equal to experience.
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.
I created this resource to have the single most comprehensive guide anywhere on all the different items involved in starting a business. If you are inventing or creating a product, understand patents and register for one at the USPTO. Human Resources. Go mobile and consider app development. Recommended. Recommended.
► 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:
Buffer your projected resource requirements. Be a miser with contract services and facilities. Getting a sales contract before manufacturing inventory. For example, a software development startup raising $250,000 from angel investors better be able to operate on $25,000 per month. You will make mistakes.
Buffer your projected resource requirements. Be a miser with contract services and facilities. Getting a sales contract before manufacturing inventory. For example, a software development startup raising $250,000 from angel investors better be able to operate on $25,000 per month. You will make mistakes.
Buffer your projected resource requirements. Be a miser with contract services and facilities. Getting a sales contract before manufacturing inventory. For example, a software development startup raising $250,000 from angel investors better be able to operate on $25,000 per month. You will make mistakes.
Buffer your projected resource requirements. Be a miser with contract services and facilities. Getting a sales contract before manufacturing inventory. For example, a software development startup raising $250,000 from angel investors better be able to operate on $25,000 per month. You will make mistakes.
Buffer your projected resource requirements. Be a miser with contract services and facilities. Getting a sales contract before manufacturing inventory. For example, a software development startup raising $250,000 from angel investors better be able to operate on $25,000 per month. You will make mistakes.
Any new enterprise is at risk if there are not enough resources to get the company to breakeven, which is a proxy for stability. This is sometimes labeled “execution risk” addressing whether management can create and run the company producing the product acceptable to the marketplace. Fourth: Financial risk. And fifth: Competitive risk.
He previously led business development for Affiliate Fuel, leading to its acquisition by Experian in 2005. Christopher Brereton is one of the founders and lead guru of PictureHealing , a company that develops community, awareness and support through photo sharing on iPhones. Sizhao “Zao” Yang – COO and Co-founder at BetterWorks.
► 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:
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