Startup Professionals Musings

APRIL 19, 2020

Here are some pragmatic tips on how to make your startup more scalable and investable: If you need investors, start with a scalable idea. Just because all your buddies think an idea is cool, that doesn’t mean it is scalable. Outsource what is non-strategic to optimize leverage. These are more likely scalable and investable.

Startup 154

Startup Outsource Ideas Research 154

Startup Professionals Musings

OCTOBER 30, 2020

Every aspiring entrepreneur I know is talking about the fact that there are over 2,000 billionaires in the world today, and how their innovative idea could make them one of the next ones. I suggest looking for painful problems to solve, rather than “easier to use” or “nice to have” solutions, for customers with money.

Outsource Development 154

Outsource Development Social Media Software Review Customer 154

Startup Professionals Musings

OCTOBER 29, 2022

These days, everyone wants to be an entrepreneur, pitching their latest and greatest new idea, and looking for someone to give them money. Talk is cheap, but entrepreneurs who show you a working model of their idea know how to execute. Many ideas I hear sound great, but I have no idea if they can be implemented.

Outsource Development 110

Outsource Development Ideas Tool Outsource 110

Startup Professionals Musings

AUGUST 25, 2017

This new culture builds on hobbyist technologies, extends the open-source inventory of hardware and software, and bridges the gap into real business solutions with other advantages, as follows: Shortens the time and cost from idea to prototype. These ideas can grow quickly into real products.

Ideas 61

Ideas Outsource Development Startup Education 61

Startup Professionals Musings

MAY 16, 2020

That’s why all those so-called million dollar ideas I hear about as an investor don’t get me excited, and entrepreneurs find that working twenty hours a day often generates nothing more than sweat, instead of the desired sweat equity. Here are five key ones to celebrate: Enjoy the feedback from every satisfied customer.

Satisfaction 174

Satisfaction Customer Custom Outsource 174

Startup Professionals Musings

FEBRUARY 10, 2018

These days, everyone wants to be an entrepreneur, pitching their latest and greatest new idea, and looking for someone to give them money. Talk is cheap, but entrepreneurs who show you a working model of their idea know how to execute. Many ideas I hear sound great, but I have no idea if they can be implemented.

Ideas 53

Ideas Outsource Development Tool Outsource 53

Startup Professionals Musings

MAY 25, 2014

The days are gone when a techie or a genius could build things in his garage and customers would find and buy the product, based purely on the “wow factor” of the technology. Thus customers and partners rely more and more on personal engagement with people. New technologies are everywhere today. Make it an enjoyable experience.

Customer 99

Customer Custom Startup Content 99

Startup Professionals Musings

MAY 28, 2016

I still see entrepreneurs who spend money and time for months on a new business idea without any separation of personal and business funds, and any formal accounting system for their new business. Typically some production and delivery is outsourced, requiring formal contracts and documentation. Solution development and delivery.

Ideas 62

Ideas Outsource Development Startup Competition 62

Startup Professionals Musings

JUNE 7, 2020

I still see entrepreneurs who spend money and time for months on a new business idea without any separation of personal and business funds, and any formal accounting system for their new business. Typically some production and delivery is outsourced, requiring formal contracts and documentation. Solution development and delivery.

Entrepreneur 131

Entrepreneur Outsource Development Startup Competition 131

Startup Professionals Musings

FEBRUARY 17, 2021

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. You can now skip the mandatory office space rental, with secretary and bookkeeping staff, or outsourcing. Work out of your home, and keep your own books.

Entrepreneur 162

Entrepreneur Startup Social Media Outsource Development 162

Startup Professionals Musings

OCTOBER 21, 2020

Driven by the current pandemic, smart entrepreneurs of all ages are jumping into the fray with new ideas, new recovery strategies, and discarding outmoded business models. It's far less expensive to nail down repeat business from your existing customers than it is to land new ones. Every dark cloud has a silver lining.

Geni 172

Geni Layoffs Entrepreneur Outsource 172

Berkonomics

JUNE 25, 2015

Sometimes this is called a white label strategy, because your customers offer your product as their own product, writing in their brand name on the blank label in your underlying offering. But, more often, this is just the virtualization of what we used to call outsourcing. Forgive me, but I had no idea what that meant.

Outsource 120

Outsource Social Media Commerce Writing 120

Startup Professionals Musings

NOVEMBER 5, 2021

You can’t outsource that one. If you see a customer service problem hurting the company, step up proactively with a proposal to fix it. Then focus on ideas that will likely get your boss promoted. You attitude and the clothes you wear assert your authority to subordinates, peers, the media, and customers.

Startup 125

Startup Journal Outsource Tips 125

Startup Professionals Musings

FEBRUARY 2, 2020

These days, everyone wants to be an entrepreneur, pitching their latest and greatest new idea, and looking for someone to give them money. Talk is cheap, but entrepreneurs who show you a working model of their idea know how to execute. Many ideas I hear sound great, but I have no idea if they can be implemented.

Outsource Development 124

Outsource Development Ideas Tool Outsource 124

socalTECH

AUGUST 7, 2014

Bryce Maddock: TaskUs is the best provider in the world of customer care and back office services for emerging growth companies. Customer care, obviously, is emails, phone calls, and customer service back office services. In 2008, we started to throw around ideas, and eventually settled on this one.

Startup 231

Startup Technology Outsource Santa Monica 231

InfoChachkie

JUNE 4, 2012

Attempt To License An Idea. Rationale: My idea is so mind-blowingly fantastic, I can sit back and collect licensing fees while someone else does all the work required to turn my idea into a successful business. Fallacy: Ideas are worthless, while skillful execution is priceless. Rely On A Public Relations Agency.

Entrepreneur 272

Entrepreneur Outsource Ideas Technical Review 272

Startup Professionals Musings

APRIL 12, 2021

In my experience as a business advisor and occasional investor, many of you won’t make it that far, succumbing to the high costs of getting those first customers, funding an initial inventory, and building an operational support process. Use “white label” or custom contract for extra income. The advisor will give you real credibility.

Startup 161

Startup Resource Customer Custom 161

socalTECH

SEPTEMBER 24, 2015

The HTML5 platform that we use is also available as a self service tool to customers. We offer up customers a high impact creative which is not bounded by the box. As a result, our customers see a much higher percentage of engagement, more than 5 percent, versus the standard ad creative, which is a very small percentage of that.

Buzznet 100

Buzznet Outsource Development Design HTML 100

InfoChachkie

DECEMBER 2, 2009

As noted in Pour and Stir Part I , the key to the successful execution of this strategy is managing the following equation: The cost to acquire a customer < lifetime value of a customer. Decreasing Your Customer Acquisition Costs. This is equivalent to being handed a free customer for every ten customers you acquire.

Customer 164

Customer Custom Advertising SEM 164

Startup Professionals Musings

JANUARY 11, 2015

Here are some pragmatic tips on how to make your startup more scalable and investable: If you need investors, start with a scalable idea. Just because all your buddies think an idea is cool, that doesn’t mean it is scalable. Outsource what is non-strategic to optimize leverage. These are more likely scalable and investable.

Startup 103

Startup Outsource Invest Ideas 103

Startup Professionals Musings

APRIL 24, 2022

With no competitive advantage, startups with new ideas gaining traction are never feared, and are usually eaten for lunch as sleeping giants wake up. Talent can also be outsourced, but surviving in the business jungle without talent is unlikely. Every startup needs a sustainable competitive advantage. If you want to mate.

Startup 112

Startup News Framework Outsource 112

Startup Professionals Musings

MAY 5, 2023

I find that many entrepreneurs are so passionate about their own idea that they can’t stop selling it to potential partners. Outsourcing to expert freelancers or business partners is often a better solution for startups than managing everyone into the inside team. Let candidates educate you on attributes you need and they bring.

Entrepreneur 104

Entrepreneur Technology High Tech Startup 104

Startup Professionals Musings

JANUARY 18, 2019

You can’t outsource that one. If you see a customer service problem hurting the company, step up proactively with a proposal to fix it. Then focus on ideas that will likely get your boss promoted. You attitude and the clothes you wear assert your authority to subordinates, peers, the media, and customers.

Tips 100

Tips Startup Journal Outsource 100

Startup Professionals Musings

SEPTEMBER 7, 2013

Here are some pragmatic tips on how to make your startup more scalable and investable: If you need investors, start with a scalable idea. Just because all your buddies think an idea is cool, that doesn’t mean it is scalable. Outsource what is non-strategic to optimize leverage. These are more likely scalable and investable.

Tips 111

Tips Startup Outsource Ideas 111

InfoChachkie

MAY 16, 2011

Thus, you must first create the playbook by which an independent sales rep can readily sell your product, including: identifying objections and developing strategies to overcome them, creating reference accounts and establishing meaningful customer adoption. 3) Attempt To License An Idea. 3) Attempt To License An Idea.

Startup 242

Startup Outsource Development Outsource Sales 242

Startup Professionals Musings

MAY 24, 2015

I still see entrepreneurs who spend money and time for months on a new business idea without any separation of personal and business funds, and any formal accounting system for their new business. Typically some production and delivery is outsourced, requiring formal contracts and documentation. Solution development and delivery.

Outsource Development 99

Outsource Development Startup Competition Ideas 99

Startup Professionals Musings

AUGUST 10, 2020

I find that many entrepreneurs are so passionate about their own idea that they can’t stop selling it to potential partners. Outsourcing to expert freelancers or business partners is often a better solution for startups than managing everyone into the inside team. Let candidates educate you on attributes you need and they bring.

Competition 174

Competition High Tech Startup Social Media 174

Startup Professionals Musings

FEBRUARY 14, 2016

Here are some pragmatic tips on how to make your startup more scalable and investable: If you need investors, start with a scalable idea. Just because all your buddies think an idea is cool, that doesn’t mean it is scalable. Outsource what is non-strategic to optimize leverage. These are more likely scalable and investable.

Funding 67

Funding Startup Outsource Ideas 67

Startup Professionals Musings

JANUARY 16, 2015

That’s why all those so-called million dollar ideas I hear about as an investor don’t get me excited, and entrepreneurs find that working twenty hours a day often generates nothing more than sweat, instead of the desired sweat equity. Here are five key ones to celebrate: Enjoy the feedback from every satisfied customer.

Satisfaction 101

Satisfaction Entrepreneur Customer Custom 101

socalTECH

DECEMBER 12, 2014

We provide a turnkey, back end, managed service offering for brands and retailers on an outsourced basis. We do everything from picking, packing, and shipping to customer service, fulfillment, and providing the technology that powers the e-commerce site, online marketing, creative design, and digital imaging and photography.

Commerce 203

Commerce Venture Capital Internet Brands Startup 203

Startup Professionals Musings

MAY 4, 2020

I’m sure you have all seen entrepreneurs and startups with great ideas that never seem to live up to their potential, while others with more mundane solutions seem to take off quickly and never slow down. As you move from development to rollout, a team effort is required, including marketing, sales, funding, and customers.

Startup 123

Startup Outsource Development Entrepreneur Outsource 123

Startup Professionals Musings

JULY 16, 2014

These days, everyone wants to be an entrepreneur, pitching their latest and greatest new idea, and looking for someone to give them money. Talk is cheap, but entrepreneurs who show you a working model of their idea know how to execute. Many ideas I hear sound great, but I have no idea if they can be implemented.

Outsource Development 105

Outsource Development Startup Ideas Tool 105

Both Sides of the Table

MARCH 30, 2011

In the initial phases of any new market you’re developing a product (hopefully with a minimal set of features), getting feedback from customers, refining your product based on user feedback and then re-launching your product. Rinse & repeat. This benefits you, the entrepreneur. It takes options off of the table. You have a hunch.

Development Team Review 374

Development Team Review Technical Review Startup Resource 374

Startup Professionals Musings

APRIL 2, 2016

That’s why all those so-called million dollar ideas I hear about as an investor don’t get me excited, and entrepreneurs find that working twenty hours a day often generates nothing more than sweat, instead of the desired sweat equity. Here are five key ones to celebrate: Enjoy the feedback from every satisfied customer.

Satisfaction 61

Satisfaction Startup Customer Custom 61

Startup Professionals Musings

JULY 27, 2014

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. You can now skip the mandatory office space rental, with secretary and bookkeeping staff, or outsourcing. Work out of your home, and keep your own books.

Entrepreneur 104

Entrepreneur Startup Social Media Commerce 104

Startup Professionals Musings

FEBRUARY 20, 2013

The days are gone when a techie or a genius could build things in his garage and customers would find and buy the product, based purely on the “wow factor” of the technology. Thus customers and partners rely more and more on personal engagement with people. New technologies are everywhere today. Make it an enjoyable experience.

Entrepreneur 111

Entrepreneur Startup Content Media 111

socalTECH

SEPTEMBER 4, 2018

Customers heavily adopted in-person returns. We saw the steady stream of customers Nordstrom Rack was getting from HauteLook shoppers, and we realized that we could do that same thing with any retailer. Customers expect the retailers to pay for those returns, they expect returns to be free, and they expect outbound shipping to be free.

Training 100

Training Customer Custom Software Review 100