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Six Criteria for Outsourcing the Right Processes

Startup Professionals Musings

Since my background includes software development, I often get the question about when to build a solution in-house, versus outsourcing it to a local company, near-shore service, or off-shore organization in China, India, or Eastern Europe. Don’t outsource your core competency. Protect your intellectual property.

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Six Key Factors in the Right Outsourcing Decision

Startup Professionals Musings

Since my background includes software development, I often get the question about when to build a solution in-house, versus outsourcing it to a local company, near-shore service, or off-shore organization in China, India, or Eastern Europe. Don’t outsource your core competency. Protect your intellectual property.

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To Outsource or Not to Outsource Software

Startup Professionals Musings

Since my background includes software development, I often get the question about when to build a solution in-house, versus outsourcing it to a local company, near-shore service, or off-shore organization in China, India, or Eastern Europe. Don’t outsource your core competency. Protect your intellectual property.

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Startup Children – How To Parent An Entrepreneur (Part III) - Board Games Can Teach Children Negotiating And Risk Taking Skills

InfoChachkie

Seuss’ Green Eggs and Ham and Marcia Brown’s Stone Soup , the seemingly innocuous board game Monopoly has played a pivotal role in the edification of several generations of entrepreneurs. Monopoly is a great training ground to develop rudimentary cash management skills. This is worthwhile, real-world lesson.

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Monopoly

InfoChachkie

A number of international versions were developed soon after its initial release, but America has consistently remained the bastion of Monopoly’s popularity. Cash Flow – Entrepreneurs on The Fringe know that properly managing their cash is one of their primary objectives, especially during an adVenture’s early phases.

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10 Rules of Thumb for Startup Investment Valuation

Startup Professionals Musings

Many entrepreneurs stumble at this point, losing the deal or most of their ownership, by having no answer, saying “make me an offer,” or quoting an exorbitant number. Assign value to all paid professionals, as their skills, training, and knowledge of your business technology is very valuable. NewCo doesn’t have any of these yet.

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10 Ways to Size Your Company’s Value for Funding

Startup Professionals Musings

Many entrepreneurs stumble at this point, losing the deal or most of their ownership, by having no answer, saying “make me an offer,” or quoting an exorbitant number. Assign value to all paid professionals, as their skills, training, and knowledge of your business technology is very valuable. NewCo doesn’t have any of these yet.

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