Remove Outsource Remove Pricing Remove Satisfaction
article thumbnail

5 Key Growth Initiatives In This Inflationary Economy

Startup Professionals Musings

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.

article thumbnail

5 Startup Funding Models That Depend On The Consumer

Startup Professionals Musings

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

Funding 141
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

7 Ways Your People Skills Are The Key To Your Success

Startup Professionals Musings

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. Make sure everyone knows your vision and values.

Startup 111
article thumbnail

8 Signs Of A New Business Initiative And Not A Hobby

Startup Professionals Musings

Entrepreneurs need to document a process of responding to a market need, sizing opportunity, assigning a specific business model, and planning for marketing, sales, and customer satisfaction. Typically some production and delivery is outsourced, requiring formal contracts and documentation. Solution development and delivery.

article thumbnail

5 Crowdfunding Approaches To Tempt Every Entrepreneur

Startup Professionals Musings

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

article thumbnail

7 Success Factors When Your People Are The Solution

Startup Professionals Musings

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. Make sure everyone knows your vision and values.

Startup 174
article thumbnail

8 Indications Of A Real Entrepreneur Versus A Hacker

Startup Professionals Musings

Entrepreneurs need to document a process of responding to a market need, sizing opportunity, assigning a specific business model, and planning for marketing, sales, and customer satisfaction. Typically some production and delivery is outsourced, requiring formal contracts and documentation. Solution development and delivery.