Berkonomics

JANUARY 28, 2021

I can’t tell you how many times I’ve walked away from deals where the entrepreneur insists on a start-up pre-money valuation that is so high, no angel could expect to make a return upon the investment, even with a reasonable sales price for the company down the road. And here’s the “why.”.

Outsource Development 156

Outsource Development Startup Outsource Venture Capital 156

Startup Professionals Musings

FEBRUARY 8, 2023

For example, in my discussions with business owners, some have already used inflation positives to update their inventory values, take advantage of reduced mortgage rates, or simply making the price increases that they have long needed. Outsource functions outside your core competency. Selective outsourcing can save you real money.

Outsource 95

Outsource Customer Custom Sample 95

Berkonomics

JULY 10, 2014

I can’t tell you how many times I’ve walked away from deals where the entrepreneur insists on a start-up premoney valuation that is so high, no angel could expect to make a return upon the investment, even with a reasonable sales price for the company down the road. Why fight about valuation, or disappoint the founder at the outset?

Startup 179

Startup Outsource Development Outsource Venture Capital 179

Tech Zulu Event

JUNE 20, 2011

Taskrabbit aims to help “individuals and small businesses in a community outsource their tasks and deliveries.&#. After you sign up for an account, you post a task that you need performed, the details of the task and the price you are willing to pay for it to be completed. How does it work?

Outsource 74

Outsource Orange County Software Review Los Angeles 74

Both Sides of the Table

NOVEMBER 9, 2012

The median VC exit price for deals is $70 million (FLAG Capital via Bryce.VC). There is a mythology amongst some LPs (funds that invest in VCs) and some VCs that “entry price doesn’t matter – only investing in the absolute best entrepreneurs.” So entry price matters a lot. Outsourcing can be cheap.

Startup 323

Startup Technology Venture Capital Santa Barbara 323

Startup Professionals Musings

JANUARY 14, 2023

No product, even with a large opportunity, is ready to scale until you can show it working, with multiple customers paying the full price, to validate the business model. Outsource what is non-strategic to optimize leverage. Use a minimum viable product (MVP) to validate the model.

Tips 135

Tips Invest Startup Outsource 135

socalTECH

APRIL 21, 2015

Irvine-based medical practice management software developer Kareo , led by Dan Rodrigues, said Tuesday that it has launched the next generation of its cloud-based software for outsourced billing. Pricing on the new product was not announced.

Software 100

Software Outsource Development Outsource Software Development 100

Startup Professionals Musings

FEBRUARY 17, 2021

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. Required legal fees now average $5K or less, compared with $20K or more as a minimum.

Entrepreneur 162

Entrepreneur Startup Social Media Outsource Development 162

Startup Professionals Musings

NOVEMBER 4, 2022

Outsourcing your core competency does not work. Outside professionals are always available, but they may have their own agenda, such as building a career, making money quickly, or managing up the stock price for a quick exit. Outsourcing any of these critical roles is very expensive, and usually not very effective.

Technical Advisors 123

Technical Advisors Startup Outsource Development High Tech 123

Startup Professionals Musings

DECEMBER 2, 2022

You can’t succeed in business without an operational model that delivers value to customers at a reasonable price, with an underlying cost that allows you to make a profit. Common choices include manufacturing in-house, outsourcing, off-the-shelf parts. Be specific on sales channels and marketing initiatives. Production. Distribution.

Sales 102

Sales Customer Custom Outsource 102

Startup Professionals Musings

APRIL 19, 2020

No product, even with a large opportunity, is ready to scale until you can show it working, with multiple customers paying the full price, to validate the business model. Outsource what is non-strategic to optimize leverage. Use a minimum viable product (MVP) to validate the model.

Startup 154

Startup Outsource Ideas Research 154

Startup Professionals Musings

OCTOBER 19, 2022

With this model, a startup pre-sells their product early, at a cheaper price, in exchange for a pledge. The crowd gets the satisfaction of helping, with minimal risk, and no expectation of any high return. Product pre-order model. Other popular sites for startups, including StartupNation and Startups.co

Funding 141

Funding Startup Outsource Development Satisfaction 141

Frank Addante

MAY 12, 2007

Outsourcing ► April (1) GoogleClick - Who owns your cash register? Outsourcing By Frank Addante (Part 5 of a 5 part series: " So, you need to develop a product? ") Outsourcing has become a popular topic and practice these days. I have been outsourcing to India since before it became popular. A BIG THANK YOU.

Outsource Development 40

Outsource Development Outsource Software Review Startup 40

Startup Professionals Musings

APRIL 29, 2023

For example, both need to provide exemplary customer service, build customer loyalty, and provide real value for a competitive price. Customers won’t pay to see your new employees learning on the job, and outsourcing the real work to a cheap labor source is a recipe for disaster.

Startup 111

Startup Training Services Writing 111

Startup Professionals Musings

MARCH 10, 2023

Products and services for a business need to be attuned to customer requirements, cost and quality tradeoffs, with milestones for pricing and completion. Typically some production and delivery is outsourced, requiring formal contracts and documentation. Solution development and delivery. Preparation and management of funding.

Outsource Development 115

Outsource Development Startup Competition Ideas 115

Startup Professionals Musings

FEBRUARY 9, 2020

Outsourcing your core competency does not work. Outside professionals are always available, but they may have their own agenda, such as building a career, making money quickly, or managing up the stock price for a quick exit. Outsourcing any of these critical roles is very expensive, and usually not very effective.

Technical Advisors 123

Technical Advisors Outsource Development Startup High Tech 123

socalTECH

AUGUST 7, 2014

With globalization, and the rise of technology, we believed that you were going to see more and more individuals looking to outsource tasks. So, we wondered what we could do at a low price point, things like transcribing voicemail, things like social media sentiment analysis. Finally, what''s the big thing you''re thinking about now?

Startup 231

Startup Technology Outsource Santa Monica 231

Startup Professionals Musings

AUGUST 3, 2020

For example, both need to provide exemplary customer service, build customer loyalty, and provide real value for a competitive price. Customers won’t pay to see your new employees learning on the job, and outsourcing the real work to a cheap labor source is a recipe for disaster.

Startup 174

Startup Training Services Writing 174

Startup Professionals Musings

JUNE 7, 2020

Products and services for a business need to be attuned to customer requirements, cost and quality tradeoffs, with milestones for pricing and completion. Typically some production and delivery is outsourced, requiring formal contracts and documentation. Solution development and delivery. Preparation and management of funding.

Entrepreneur 131

Entrepreneur Outsource Development Startup Competition 131

Startup Professionals Musings

JANUARY 20, 2020

With this model, a startup pre-sells their product early, at a cheaper price, in exchange for a pledge. The crowd gets the satisfaction of helping, with minimal risk, and no expectation of any high return. Product pre-order model. Other popular sites for startups, including StartupNation and Startups.co

Entrepreneur 129

Entrepreneur Outsource Development Satisfaction Equity 129

socalTECH

MAY 7, 2012

Sean Broihier: When I was doing the site for my brother, every time they did an in-store promotion, or had an appearance, or they needed to change the prices on their prints, he had to call me, because I had done the website for him. In addition, we outsource the actual production of prints to companies around the U.S. the payroll.

Santa Monica 258

Santa Monica Pricing Sites Sales 258

socalTECH

DECEMBER 28, 2017

We are seeing SaaS companies more and more are competing against other SaaS companies and experiencing more churn, price resistance and customer demand for customization. This is the natural maturation in these segments.

Capital 124

Capital Southern California SaaS SoCal 124

Startup Professionals Musings

MARCH 2, 2020

His challenge is to focus on one market, with a specific design, cost, and price. Don’t assume you can outsource the implementation decisions. For example, I have a friend with a Ph.D. in Physics who talks passionately about starting a business producing nuclear powered batteries. Yes, there are a lot of bridges to cross.

Ideas 126

Ideas Writing Examples Outsource 126

Tech Zulu Event

AUGUST 13, 2013

If you’re not making money, marketing can help you to identify new market segments, to make necessary price adjustments, or to consider new product/service lines—all which can result in a much-needed cash infusion. Strategic marketing means finding ways to promote and sell your product so that you achieve specific goals.

Outsource Development 91

Outsource Development Outsource Startup Marketing 91

Both Sides of the Table

JULY 19, 2011

They outsource the critical negotiations and “trust their advisors to handle the details.&# We had the final terms of our agreement fairly well boxed in within a range of about 5-7% on price and within 30 days on move-in date. I obviously preferred the lowest price and I wanted the latest move-in date. You name it.

Venture Capital 319

Venture Capital Pricing Startup Outsource 319

socalTECH

OCTOBER 26, 2018

Pricing on the new offering was not announced by the company, which is venture backed by U.S. The new offering bundles together a wide range of services to help online retailers with the entire process of handling returned items, rather than just collecting and returning those items to those retailers. READ MORE>>.

Services 113

Services Santa Monica Pricing Networking 113

Startup Professionals Musings

JULY 27, 2014

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. Required legal fees now average $5K or less, compared with $20K or more as a minimum.

Entrepreneur 104

Entrepreneur Startup Social Media Commerce 104

socalTECH

DECEMBER 12, 2014

We provide a turnkey, back end, managed service offering for brands and retailers on an outsourced basis. We are an option for brands who don''t want to build it themselves in-house, from soup to nuts, or don''t want to outsource to a single vendor. There''s a lot of issues there around pricing and controlling MAP for their resellers.

Commerce 203

Commerce Venture Capital Internet Brands Startup 203

Startup Professionals Musings

SEPTEMBER 13, 2015

Outsourcing your core competency does not work. Outside professionals are always available, but they may have their own agenda, such as building a career, making money quickly, or managing up the stock price for a quick exit. Outsourcing any of these critical roles is very expensive, and usually not very effective.

Technical Advisors 105

Technical Advisors Outsource Development Startup High Tech 105

Startup Professionals Musings

JANUARY 11, 2015

No product, even with a large opportunity, is ready to scale until you can show it working, with multiple customers paying the full price, to validate the business model. Outsource what is non-strategic to optimize leverage. Use a minimum viable product (MVP) to validate the model.

Startup 103

Startup Outsource Invest Ideas 103

InfoChachkie

MAY 16, 2011

Once you prove that a substantial, addressible market segment is willing to pay a price for your solution that exceeds your costs, you can consider a licensing strategy. I am differentiating here between outsourced services that execute rote, routine tasks and consultants hired to performed ad hoc, mission critical engagements.

Startup 242

Startup Outsource Development Outsource Sales 242

Both Sides of the Table

MAY 10, 2018

Nobody commits, nobody wants to set a price, nobody wants to stick their neck out then BOOM! It’s like the entire industry wants to outsource its brain to the smartest person they know and then follow that person. Reid Hoffman is in? I’m in for $500k. Wait, make that $1 million. And please reserve another $1 million for me?—?I

Press 232

Press Funding Venture Capital Technical Review 232

InfoChachkie

MAY 19, 2011

Agree to Bundling Without a Minimum Price. A detailed NRE budget will help you avoid becoming the BDC’s adjunct, outsourced engineering team. If you do not assign a price tag to your engineers’ time, an aggressive BDC could quickly consume all of your technical resources, precluding you from executing other technical initiatives.

Outsource Development 193

Outsource Development IP Technical Review Entrepreneur 193

Startup Professionals Musings

SEPTEMBER 7, 2013

No product, even with a large opportunity, is ready to scale until you can show it working, with multiple customers paying the full price, to validate the business model. Outsource what is non-strategic to optimize leverage. Use a minimum viable product (MVP) to validate the model.

Tips 111

Tips Startup Outsource Ideas 111

Startup Professionals Musings

FEBRUARY 18, 2018

Outsourcing your core competency does not work. Outside professionals are always available, but they may have their own agenda, such as building a career, making money quickly, or managing up the stock price for a quick exit. Outsourcing any of these critical roles is very expensive, and usually not very effective.

Technical Advisors 57

Technical Advisors Startup Outsource Development High Tech 57

Startup Professionals Musings

FEBRUARY 14, 2016

No product, even with a large opportunity, is ready to scale until you can show it working, with multiple customers paying the full price, to validate the business model. Outsource what is non-strategic to optimize leverage. Use a minimum viable product (MVP) to validate the model.

Funding 67

Funding Startup Outsource Ideas 67

Startup Professionals Musings

JUNE 11, 2014

Outsourcing your core competency does not work. Outside professionals are always available, but they may have their own agenda, such as building a career, making money quickly, or managing up the stock price for a quick exit. Outsourcing any of these critical roles is very expensive, and usually not very effective.

Technical Advisors 98

Technical Advisors Startup Outsource Development High Tech 98