Transformify
JUNE 9, 2023
Which countries have the highest average salaries? For some, moving abroad is an excellent way to make more money, particularly if jobs in their industry offer higher salaries overseas than at home. Luxembourg Average salary: $77,781 Luxembourg might be a tiny country, but it has the arguably highest income per capita.
Berkonomics
OCTOBER 5, 2023
Fixed overhead for salaries, rent, equipment leases and more make up the majority of the “burn rate” (monthly expenses) for most companies. Since this number is budgeted and pre-authorized, managers tend to focus upon other things such as sales, marketing and product development issues. We’ll get to my heartbreak in a minute.
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Startup Professionals Musings
JULY 11, 2012
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. If your software is your solution and “secret sauce,” don’t entrust it to outsiders of any kind.
YoungUpstarts
JULY 16, 2019
Just take a look at one of the most impressive examples: in 2018, Amazon’s net profit exceeded $10 billion , which is twice as much as in 2017. Building a software product, the massive part of your budget is the developers’ salary. Well-thought and unique eCommerce business is a bottomless source of profit. Yes, there is.
Startup Professionals Musings
APRIL 17, 2011
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. If your software is your solution and “secret sauce,” don’t entrust it to outsiders of any kind.
YoungUpstarts
SEPTEMBER 25, 2012
Take software developers as an example. Coming up with an idea for a new piece of software, developing it, and testing it is expensive. Yet once the software is coded, it can be reproduced millions of times at virtually no cost. Rigid union contracts constrain salaries, work schedules and promotions.
Startup Professionals Musings
APRIL 4, 2010
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. If your software is your solution and “secret sauce,” don’t entrust it to outsiders of any kind.
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