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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. Factor in all the cost elements.
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. Factor in all the cost elements.
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. Factor in all the cost elements.
The same is true for filing patents, registering trademarks, and filing copyrights. You can now skip the mandatory office space rental, with secretary and bookkeeping staff, or outsourcing. Today, productivity is way up, you can do most anything yourself, and you can outsource to contractors with more skill and less cost.
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. Factor in all the cost elements.
Watch that patent provide a real barrier to competitive entry. One approach, which is even more work, is to keep tasks in-house rather than outsourcing. New business models that provide an ongoing revenue stream, or a secondary stream from advertising, raise your margins and can give you some additional satisfaction.
The critical success factors for a product business are well known, starting with selling every unit with a gross margin of 50 percent or more, building a patent and other intellectual property, and continuous product improvement. Thus you need to highlight how your service is more innovative and higher value to your target customers.
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. Obviously, building an app is not just an overnight thing. We put lots of efforts and time into making something really unique. I was basically powerless.
The same is true for filing patents, registering trademarks, and filing copyrights. You can now skip the mandatory office space rental, with secretary and bookkeeping staff, or outsourcing. Today, productivity is way up, you can do most anything yourself, and you can outsource to contractors with more skill and less cost.
Watch that patent provide a real barrier to competitive entry. One approach, which is even more work, is to keep tasks in-house rather than outsourcing. New business models that provide an ongoing revenue stream, or a secondary stream from advertising, raise your margins and can give you some additional satisfaction.
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.
Then, he'll need to patent it and create a plan to show opportunity, competition, and financial projections. Don’t assume you can outsource the implementation decisions. I have tried to convince him the general idea alone does not make a business. His challenge is to focus on one market, with a specific design, cost, and price.
There are complex processes, like filing a patent, and financial tools that may be new to you, including Excel and Quickbooks. Don’t forget the wealth of “gig” experts for outsourcing at a low cost. As a result, he missed opportunities, and the whole organization suffered. Use technology and tools, but don’t let them sink you.
The critical success factors for a product business are well known, starting with selling every unit with a gross margin of 50 percent or more, building a patent and other intellectual property, and continuous product improvement. Thus you need to highlight how your service is more innovative and higher value to your target customers.
Common choices include manufacturing in-house, outsourcing, off-the-shelf parts. Investors look for a sustainable competitive advantage, like a patent. Word-of-mouth and viral marketing are popular terms these days, but are rarely adequate to initiate a new business. Be specific on sales channels and marketing initiatives. Production.
Watch that patent provide a real barrier to competitive entry. One approach, which is even more work, is to keep tasks in-house rather than outsourcing. New business models that provide an ongoing revenue stream, or a secondary stream from advertising, raise your margins and can give you some additional satisfaction.
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.
The critical success factors for a product business are well known, starting with selling every unit with a gross margin of 50 percent or more, building a patent and other intellectual property, and continuous product improvement. Thus you need to highlight how your service is more innovative and higher value to your target customers.
The critical success factors for a product business are well known, starting with selling every unit with a gross margin of 50 percent or more, building a patent and other intellectual property, and continuous product improvement. Thus you need to highlight how your service is more innovative and higher value to your target customers.
Watch that patent provide a real barrier to competitive entry. One approach, which is even more work, is to keep tasks in-house rather than outsourcing. New business models that provide an ongoing revenue stream, or a secondary stream from advertising, raise your margins and can give you some additional satisfaction.
The critical success factors for a product business are well known, starting with selling every unit with a gross margin of 50 percent or more, building a patent and other intellectual property, and continuous product improvement. Thus you need to highlight how your service is more innovative and higher value to your target customers.
Whether it’s something as extensive as filing patents, more simple trademark registrations, and or putting appropriate documentation in place, don’t ignore this and don’t rely on boilerplate online templates. And relying on NDAs is not the answer. But you do need financial guidance. HR Partner.
While it is impossible to know what the future holds, startup business owners can bank on the fact that potential future buyers will be evaluating their financial statements in addition to the value of their corporate team, working partnerships, marketing efforts, patents, and reputation. Key functions should not be outsourced.
Outsourcing ► April (1) GoogleClick - Who owns your cash register? At L90 (Startup 3.0) , we were sued by DoubleClick on the eve of our IPO for alleged patent-infrindgement. FounderBlog’s 1 Year Anniversary! A BIG THANK YOU. ▼ March (2) 4. Build a SWAT team 3. They tried to sue us in Virginia.
Outsourcing ► April (1) GoogleClick - Who owns your cash register? Stage two: They say the solution was obvious all along." -- Robert Fischell, Inventor (Holder of 200 medical device patents) It is easy to come up with ideas. FounderBlog’s 1 Year Anniversary! A BIG THANK YOU. ► March (2) 4. Build a SWAT team 3.
Outsourcing ► April (1) GoogleClick - Who owns your cash register? Sure, you need to take the proper precautions to protect your idea first (patents, copyrights, etc.), particularly with international patent laws. FounderBlog’s 1 Year Anniversary! A BIG THANK YOU. ► March (2) 4. Build a SWAT team 3.
If you are inventing or creating a product, understand patents and register for one at the USPTO. If outsourced development is needed, use Guru or Elance. Determine whether your business name needs to be trademarked, and if does Trademark it at the USPTO. Protect your written works and code through the Copyright Office.
Outsourcing ► April (1) GoogleClick - Who owns your cash register? of the product, file patents, hire a small sales team and launch a marketing program to take StrongMail to market. FounderBlog’s 1 Year Anniversary! A BIG THANK YOU. ► March (2) 4. Build a SWAT team 3.
Symphony works with both established brands and startup companies who prefer to outsource their entire marketing and public relations departments to senior–level strategists who can also “do the work.”. Emily Scherberth is the Founder and Chief Connections Officer of Symphony PR & Marketing , Inc., Julie Austin – Inventor of Swiggies.
Outsourcing ► April (1) GoogleClick - Who owns your cash register? Patent Lawsuit 6. “Patent Lawsuit&# We were on the IPO track and our #1 competitor (DoubleClick) filed a bogus patent-infringement lawsuit right before our IPO. FounderBlog’s 1 Year Anniversary! A BIG THANK YOU. ► March (2) 4.
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