Startup Professionals Musings

FEBRUARY 24, 2020

One of the most stressful and unanticipated challenges that comes with starting a new business is hiring and managing employees. A solution I often recommend, as least in early growth, is the use of outsourcing for critical tasks. Direct customer-facing non-technical roles should be the last ones outsourced. with experience.

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Both Sides of the Table

NOVEMBER 9, 2012

Startup Exits: A Primer from msuster. I speak privately a lot about getting an exit at a startup. We also are going to talk a lot about startups getting exits and ultimately: Companies are bought, not sold. Outsourcing can be cheap. Later today I’m presenting at the annual Rincon Ventures Summit in Santa Barbara.

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socalTECH

AUGUST 7, 2014

Los Angeles has been in the midst of a technology boom over the last few years, with many of high profile startups growing in the area. We spoke with Bryce Maddock , founder of TaskUs, about the company and how it has been providing the manpower behind a lot of LA''s technology startups. So, what is TaskUs?

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Both Sides of the Table

MARCH 19, 2013

The era of VCs investing in successful consumer Internet startups such as eBay led to a belief system that seemed to permeate many enterprise software startups that hiring sales or implementation people was a bad thing. If you’re an early-stage enterprise startup services revenue is exactly what you need. We like software.

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TechEmpower

AUGUST 14, 2023

Startup founders make decisions on a daily basis – significant decisions that will have lasting impact on their business. Actually, many startups need two kinds of technical advisors. This is especially important with outsourced development teams. We’ve talked about this before in Startup CTO or Developer.

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Technical Review CTO Coach CTO Hire Software Review 260

Startup Professionals Musings

JULY 25, 2015

We are in the age of outsourcing, by any of many popular names, including subcontracting, freelancing, and virtual assistants. These approaches allow your startup to grow more rapidly, save costs, but costly mistakes can lead to business failure. Let’s cut costs by outsourcing all from this point forward.” Be flexible.

Outsource Development 104

Outsource Development Outsource Startup Summary 104

SoCal CTO

JUNE 26, 2012

I've done four Free CTO Consulting Sessions in the past month with startup founders who all had run into variations of the same problem. In three of the cases, the founder was finding that the software teams (1 in-house, 2 outsourced) were delivering relatively well in the short-run. You are just setting yourself up for problems.

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Startup Professionals Musings

APRIL 13, 2020

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.

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Outsource Development Outsource Software Review Technical Review 122

SoCal CTO

JANUARY 26, 2010

In December 2007, I described how I commonly take on an Acting CTO Role in a Start-up. However, I’ve now begun questioning how and what an early-stage / startup CTO should be. What worries me a bit is how often I read that startups should hire a developer / hands-on lead developer. What do we build in-house or outsource?

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Fractional CTO CTO CTO Hire CTO Coach 225

Both Sides of the Table

MARCH 3, 2013

Let me start by saying that Clayton is one of the most influential people on my thoughts about markets that led to both the concept behind my first startup and my main theses in investing. Startup Grind was a truly awesome conference and Derek the consumate host. .” Who else does Clayton pray for? Stay Out of Jail.

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Startup Professionals Musings

JUNE 18, 2014

We are in the age of outsourcing, by any of many popular names, including subcontracting, freelancing, and virtual assistants. These approaches allow your startup to grow more rapidly, save costs, but costly mistakes can lead to business failure. Let’s cut costs by outsourcing all from this point forward.” Be flexible.

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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. Starting up Raising money' Email readers, continue here.]

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InfoChachkie

MAY 16, 2011

As an entrepreneur and startup investor, I have helped create companies which achieved two IPOs which collectively raised over $100 million, as well as two acquisitions which totaled $385 million. Public relations at a startup is a sales process. “Learn from the mistakes of others. 3) Attempt To License An Idea. 7) Hire A Consultant.

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Both Sides of the Table

OCTOBER 28, 2011

I was once asked on Quora what my idea startup team would be. I never invest in: - business people who outsource tech dev to 3rd parties (“to speed up time to market”)” If you like that feel free to go vote it up on Quora - it fell back a bit in the rankings. My ideal team is simple: Assuming 6 people.

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Both Sides of the Table

MARCH 30, 2011

I’m a very big proponent of the “lean startup movement&# as espoused by Steve Blank & Eric Ries. In the late 90′s I saw a dangerous trend creeping into the startup world, which was that companies were suddenly raising huge amounts of money too early in their existence. This post originally appeared on TechCrunch.

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Development Team Review Technical Review Startup Resource 374

SoCal CTO

MARCH 4, 2010

I’ve worked with 30+ early-stage companies in all sorts of capacities (and spoken to many, many more), so I thought it might be worthwhile trying to classify the various ways that I’ve engaged in different technology roles in startups. Later he posted about his experience in Challenges of Startups.

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socalTECH

SEPTEMBER 14, 2010

Despite the excitement and lure of startups to those in the tech industry, not everyone wants to join a startup after college--according to Mike Gammarino , who is helping to organize a new effort here to recruit students to startups. Mike tells us about the group: Mike, thanks for the time today.

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Startup Technical Review Outsource Yahoo 206

SoCal CTO

SEPTEMBER 8, 2010

August was a slow month in terms of traffic and I was away for a lot of the month, but there were some really great posts at the intersection of startups, technology, product and being a Startup CTO. He blogs to 10,000 web entrepreneurs at Software by Rob and co-hosts the podcast Startups for the Rest of Us. equity debate.

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Startup Professionals Musings

APRIL 19, 2020

Investors will tell you that they love to put money into startups that are scalable, and ready to become the next unicorn. Investors don’t invest in services startups. Here are some pragmatic tips on how to make your startup more scalable and investable: If you need investors, start with a scalable idea.

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InfoChachkie

APRIL 20, 2015

This is the approach many startups take when they communicate their story to the market. Rather than directly explaining their value proposition with all the passion and heartfelt stridency that only an entrepreneur can deliver, they outsource this communication to a Public Relations (PR) firm. The company started ‘getting ink.’

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SoCal CTO

JULY 23, 2012

I received a great question via LinkedIn: I'm the founding engineer and working hard to launch my startup. What can I do to best equip myself to step up when the need to officially fill this role arises? I've previously addressed the role of a CTO in early-stages in my post Startup CTO or Developer. When will key hires come on?

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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. The post Don’t get hung up on early stage valuation.

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Tech Zulu Event

JANUARY 1, 2013

The final episode of Bravo’s Start-ups: Silicon Valley aired recently, wrapping up an 8-episode run of what could be considered the most bizarre depiction of entrepreneurs and start-ups to date. They sound serious about start-ups, however actions speak louder than words. What was that ?

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Startup Professionals Musings

SEPTEMBER 16, 2022

We are in the age of outsourcing, by any of many popular names, including subcontracting, freelancing, and virtual assistants. These approaches allow your startup to grow more rapidly, save costs, but costly mistakes can lead to business failure. Let’s cut costs by outsourcing all from this point forward.” Be flexible.

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Outsource Development Outsource Summary Training 138

SoCal CTO

APRIL 2, 2012

You may end up hiring these people eventually and you'll know more about them when you do. When I talk with early-stage companies, often the discussion starts with them asking me about Hiring a CTO for Your Startup , or Finding a Technical Cofounder for Your Startup or How to Find Programmers for Your Startup.

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Startup Professionals Musings

JANUARY 22, 2018

We are in the age of outsourcing, by any of many popular names, including subcontracting, freelancing, and virtual assistants. These approaches allow your startup to grow more rapidly, save costs, but costly mistakes can lead to business failure. Let’s cut costs by outsourcing all from this point forward.” Be flexible.

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Outsource Development Outsource Summary Training 72

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. Almost anyone can start a company today on a shoestring budget, following these cost-cutting recommendations: Establish a solid legal structure for your business.

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Entrepreneur Startup Social Media Outsource Development 162

socalTECH

MARCH 17, 2014

AMN said it is investing $5M in staged payments to San Francisco-based PipelineRx in the deal, and has reecived a seat on the startup''s board. PipelineRx provides 24 hour, pharmacist coverage to hospitals via telephone, allowing for the outsourcing of pharmacists to help hospitals optimize their staffing. READ MORE>>.

Invest 164

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Both Sides of the Table

MARCH 1, 2011

Mike Yavonditte is the founder of the “super hot&# Hashable , a startup out of NYC that has been described as a “ Mint.com for Social Capital ” Mike sold his previous company, Quigo , to Aol for $340 Million. Now, he ‘outsources’ his investments through John Frankel of Frankel Asset Management. Thank you, John.

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Google Startup Advertising Acquisition 302

socalTECH

APRIL 4, 2019

Los Angeles-based eTailPet , a new startup which helps pet store owners create online e-commerce sites, has received a round of seed funding, the company said this week. The startup is led by Founder and CEO Bere Giannini. According to eTailPet, the funding will go to accelerate its business.

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TechCrunch LA

APRIL 23, 2019

Less than a month after rebranding as Canoo , the startup electric vehicle company formerly known as Evelozcity is on the hunt for $200 million in new capital. Canoo plans to use blockchain technology to secure its subscription services and ensure an asset light approach to development by outsourcing its manufacturing in the U.S.

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Startup Professionals Musings

DECEMBER 11, 2019

We are in the age of outsourcing, by any of many popular names, including subcontracting, freelancing, and virtual assistants. These approaches allow your startup to grow more rapidly, save costs, but costly mistakes can lead to business failure. Let’s cut costs by outsourcing all from this point forward.” Be flexible.

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Outsource Development Outsource Entrepreneur Summary 121

InfoChachkie

JUNE 4, 2012

Fallacy: Startup ventures tend to evolve, especially after you begin speaking with pesky customers and demanding partners. In order to reasonably assess the size of your addressable market, you must perform a bottoms-up analysis which is based on a number of elemental assumptions. Public relations at a startup is a sales process.

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SoCal CTO

DECEMBER 1, 2010

I continue to collect great content that is the intersection of startups, products, online and technology. Equity-Only CTO and Equity-Only Developers - SoCal CTO , November 1, 2010 I had a recent email dialog with the founder of a company looking for a CTO for their startup. Was it a Startup Founder Developer Gap ?

Technical Review 175

Technical Review Startup Product Technology 175

socalTECH

DECEMBER 28, 2017

Santa Monica-based TaskUs , the provider of business process outsourcing led by Bryce Maddock and Jaspar Weir, has now passed up 8,000 employees, the company said today. The company was started in Santa Monica, but its biggest employee base is in the Philippines.

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Startup Professionals Musings

NOVEMBER 4, 2022

In my years of advising startups and occasional investing, I’ve seen many great ideas start and fail, but the right team always seems to make good things happen, even without the ultimate idea. You need to have a technical genius on the team to get your startup product off the ground. The sales professional.

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Startup Professionals Musings

JANUARY 17, 2021

A common challenge faced by every entrepreneur is that they don’t have the bandwidth, interest or skills to do everything that is required to build their startup. Of course, they can outsource part of the work or hire employees, but that approach means more time and money to manage the work, which they don’t have.

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