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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.
Is the product or service possible to produce at all, let alone economically enough to compete in the marketplace? 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.
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. The distinction between product companies and services companies is easy to see. The distinction between product companies and services companies is easy to see.
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.
Is the product or service possible to produce at all, let alone economically enough to. 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. First: Product risk. . Second: Market risk. .
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. It was the guy we'd outsourced as CEO. If you look at services like Twitter, there are a lot of users who don't post, but read a lot.
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. The distinction between product companies and services companies is easy to see. The distinction between product companies and services companies is easy to see.
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.”
Is the product or service possible to produce at all, let alone economically enough to compete in the marketplace? 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.
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.
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.
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.
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.
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.
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.”
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. If your business is managing contracts and patents, it makes sense, but the CLO for most startups is LegalZoom on the Internet.
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.
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. If your business is managing contracts and patents, it makes sense, but the CLO for most startups is LegalZoom on the Internet.
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. If your business is managing contracts and patents, it makes sense, but the CLO for most startups is LegalZoom on the Internet.
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.”
Equally important, is an area many startup founders don’t always prioritize: choosing the right service providers and understanding the value they can bring, especially to early-stage startups. Teaming with the right service providers can have a huge impact on a startup’s ability to succeed. And relying on NDAs is not the answer.
If you are inventing or creating a product, understand patents and register for one at the USPTO. For a corporation and LCC, you must register a service agent. Ensure your business name is available on a wide variety of social networking websites in order to develop consistent branding ( KnowEm ). 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:
► 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:
Be a miser with contractservices 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. Think of these alternatives as paying interest on a loan, and manage them wisely.
Be a miser with contractservices 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. Think of these alternatives as paying interest on a loan, and manage them wisely.
Be a miser with contractservices 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. Think of these alternatives as paying interest on a loan, and manage them wisely.
Be a miser with contractservices 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. Think of these alternatives as paying interest on a loan, and manage them wisely.
Be a miser with contractservices 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. Think of these alternatives as paying interest on a loan, and manage them wisely.
Laura Brashier is the founder of 2date4love , an online dating service for singles who are unable to have sexual intercourse but still want to find love. He previously led business development for Affiliate Fuel, leading to its acquisition by Experian in 2005. Laura Brashier – Founder of 2date4love. Loren Bendele – CEO of Savings.com.
Is the product or service possible to produce at all, let alone economically enough to compete in the marketplace? 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. First: Product risk.
► 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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