Startup Professionals Musings

JULY 16, 2017

As a long-time business advisor and angel investor, I’m a believer that “two heads are better than one” in building a new business. The challenge is to recognize and recruit that ideal partner match early with minimal cost and risk. Look at the big picture first of development, finance, and marketing/sales.

Partner 140

Partner Software Review CTO Hire Cofounder 140

Startup Professionals Musings

OCTOBER 5, 2014

Things will cost more than you expect. Always add 20 percent to your best estimate of funding requirements when approaching investors. For example, a software development startup raising $250,000 from angel investors better be able to operate on $25,000 per month. Buffer your projected resource requirements.

Burn Rate 262

Burn Rate Hockey Stick Entrepreneur Salary 262

YoungUpstarts

JUNE 12, 2014

You will have to realign your financial thinking around opportunity costs for your business. Having a good job afforded me the luxury of giving the customer a heavily discounted rate in exchange for the rights to the software. If you’re not a strong software developer, for example, hire someone or bring on a co-founder who is.

Angel Investor 275

Angel Investor Security Cofounder Salary 275

Gust

APRIL 27, 2014

Software Development Process via Wikipedia. Even when your startup is a one-man show and lots of fun, a “business” needs some discipline and controls to keep it from being defined as a hobby by investors, and assure some financial return. Invested Interests entrepreneur funding investor processes' Funding process.

Startup 187

Startup Institutional Investors Angel Investor Bootstrapping 187

Startup Professionals Musings

SEPTEMBER 14, 2016

Things will cost more than you expect. Always add 20 percent to your best estimate of funding requirements when approaching investors. For example, a software development startup raising $250,000 from angel investors better be able to operate on $25,000 per month. Buffer your projected resource requirements.

Burn Rate 120

Burn Rate Hockey Stick Startup Salary 120

Up and Running

SEPTEMBER 24, 2018

I asked my coworkers at Palo Alto Software for book recommendations for entrepreneurs to read this upcoming fall. Palo Alto Software and Bplans founder Tim Berry recommends “ The Startup Checklist ” by David Rose. It’s an instant introduction to the high-end tech startup and angel investment scene.

Entrepreneur 65

Entrepreneur Angel Investor Virginia Oregon 65

Berkonomics

AUGUST 10, 2017

What most managers miss is that every month cut from the time it takes to perform such tasks cuts the cost by the value of a month’s worth of fixed overhead or burn. Ignoring cost of product for a moment to make a point, saving a month’s fixed overhead by making processes more efficient, could easily double profits for the year.

Silicon Valley 97

Silicon Valley Burn Rate Angel Investor Down Round 97

ReadWriteStart

MAY 22, 2012

While some lucky startups attract angel investors or have access to money from friends and family, the vast majority are on their own, at least at first. The relatively low cost of starting a tech business today has made this choice more enticing than ever. The experience shaped how Turner funded Planwise. “We

Technical Review 118

Technical Review Software Review Angel Investor Startup 118

Gust

JUNE 19, 2012

Tim Berry , Founder, Palo Alto Software. Don’t believe the urban myth that you can sketch your idea on a napkin, and professional investors will throw money at you. Tim Berry , Founder, Palo Alto Software. The Cost Equation for a Startup is Better Than Ever. Tim Berry , Founder, Palo Alto Software. I like that.

Startup 180

Startup Forecast Angel Investor Software 180

ReadWriteStart

JUNE 1, 2020

Any custom manufactured IoT device would require software development as well as hardware customization. It is going to cost a lot of money just to get the initial batch of products to test the market and would definitely require external funding. Equity investors. The third source of funding is from equity investors.

Startup 150

Startup Entrepreneur Elevator Pitch Seed Stage 150

Up and Running

MAY 20, 2019

Hassles are the inevitable human cost of any venture. That primary investor may tolerate financial risks if the venture is interesting, fun, and potentially rewarding. You need to “budget” for these human costs just as you would financial costs, and show others that you’re on top of it. But if it becomes a hassle?

Business Plan 92

Business Plan Angel Investor Partner Naming 92

crowdSPRING Blog

MAY 30, 2013

How to manage legal costs. Often, the bills include unexpected costs – something you thought would cost $250 ends up costing you $2,500. This is especially important if you plan to be a venture or angel investor backed company (because the type of entity you create will impact many other things).

Small Business 88

Small Business Hiring Startup Cofounder 88

Scalable Startup

JULY 20, 2013

At the time SaaS just wasn’t mature enough and people at the company weren’t comfortable enough to make the change; too many old habits of installing software. We wouldn’t be able to imagine our lives without it, auto-save, no software loads, freemuim, mobile, access anywhere. It vastly reduces computer waste.

Mobile 22

Mobile Hawaii Angel Investor Early Stage 22

Startup Lessons Learned

SEPTEMBER 15, 2008

But by taking advantage of open source, agile software, and iterative development, lean startups can operate with much less waste. I am heavily indebted to earlier theorists, and highly recommend the books Lean Thinking and Lean Software Development. Of course, many startups are capital efficient and generally frugal.

Lean 168

Lean San Francisco Startup Continuous Deployment 168

ReadWriteStart

MAY 29, 2012

Crowdfunding works for creative projects - apps, consumer products, software - that resonate with average, everyday people. Crowdfunding] investors are not as sophisticated as professional venture and angel investors. For the cost of a latte, people could buy into a historic movement.

Campaign 142

Campaign Stealth Social Media Audience 142

Berkonomics

MARCH 30, 2010

What most managers miss is that every month cut from the time it takes to perform such tasks cuts the cost by the value of a month’s worth of fixed overhead or burn. In the technology sector where I most often play, extended unplanned software development cycles account for the majority of these corporate failures.

Silicon Valley 85

Silicon Valley Burn Rate Angel Investor Down Round 85

Startup Professionals Musings

FEBRUARY 20, 2023

Every company and startups needs marketing experts, who are skilled and knowledgeable in the development of marketing programs, content creation, lead generation, and the utilization of social media. Software Development Professional. Thus you don’t need to invent an innovative product or technology to be a real entrepreneur.

Angel Investor 267

Angel Investor Social Media LLC Viral 267

crowdSPRING Blog

OCTOBER 19, 2012

As Pay-Per-Click Ad Costs Rise, Small Businesses Search for Alternatives - [link]. Angel Investors Do Make Money, Data Shows 2.5x As Pay-Per-Click Ad Costs Rise, Small Businesses Search for Alternatives - [link]. See the video above. Startup (and Small Business) Tips: Ask Your Customers For Feedback. Then Act - [link].

Social Media 93

Social Media Small Business Design Media 93

Startup Professionals Musings

MAY 24, 2020

Every company and startups needs marketing experts, who are skilled and knowledgeable in the development of marketing programs, content creation, lead generation, and the utilization of social media. Software Development Professional. Thus you don’t need to invent an innovative product or technology to be a real entrepreneur.

Startup 410

Startup Angel Investor Social Media LLC 410

Scalable Startup

DECEMBER 15, 2011

the barriers are now very low for actually forming a business, as is the cost. many new angels spawning from Google, Facebook, etc. angel investors are supporting these early unqualified launches; many are F&F/parents who believe in the dream. many more people are learning software development.

Angel Investor 24

Angel Investor Startup IPO Software Developers 24

Scalable Startup

MAY 29, 2012

But if a Tipping Point could be created there it could over come the costs. There is a highly under-known fact in the software engineering world – many of the best developers and architects are not in Silicon Valley, but in the New York metro area. I’ve done it before.

Silicon Valley 22

Silicon Valley New York Startup Software Engineering 22

Startup Professionals Musings

APRIL 17, 2016

Every company and startups needs marketing experts, who are skilled and knowledgeable in the development of marketing programs, content creation, lead generation, and the utilization of social media. Software Development Professional. Thus you don’t need to invent an innovative product or technology to be a real entrepreneur.

Entrepreneur 120

Entrepreneur Angel Investor Social Media LLC 120

Scalable Startup

AUGUST 9, 2018

So far we have no office, minimal travel and other cost cutting, but we are slowly getting stronger and our outside funding needs are getting more strategic. And we will have plenty to talk about when we sit in front of potential investors. Every day it gets a little better and our brand name gets a little more well known.

Technical Cofounder 20

Technical Cofounder Silicon Valley Early Stage Cofounder 20

Startup Professionals Musings

APRIL 15, 2015

Every company and startups needs marketing experts, who are skilled and knowledgeable in the development of marketing programs, content creation, lead generation, and the utilization of social media. Software Development Professional. Thus you don’t need to invent an innovative product or technology to be a real entrepreneur.

Entrepreneur 120

Entrepreneur Angel Investor Social Media LLC 120

VC Cafe

OCTOBER 18, 2011

Moshe joined Microsoft in 1991 as a product manager after a career as a software developer. He says that while the cost of hiring an engineer in Israel is nearly the same as in America, there are taxes and overhead that don’t exist in America, making it harder to compete in Israel. Three of them were sold.”

Venture Capital 100

Venture Capital New Zealand Startup 100

maplebutter.com

JANUARY 8, 2013

Near shoring development with your team (ex: your team is based in Canada / India) is cool, but not outsourcing. Outsourcing is something a big company, with a known customer / problem (that has revenue & traction) does to save cost. How I can find the right investor (software)? I become obsessed with the industry.

Technical Review 44

Technical Review Startup Cofounder Software Review 44

rapidrollout.wordpress.com

OCTOBER 23, 2010

In the process of gathering feedback, you’re beginning to develop a network of advisers and supporters. First Things First: Your Requirements You seem to feel that your project isn’t ready to move forward without a software developer (a “programmer&# , as you say). What will it cost to build your project?

Technical Review 40

Technical Review Fractional CTO Partner CTO Hire 40

blog.expensify.com

APRIL 24, 2012

This literally the dumbest, most ignorant piece that I’ve ever read about software development and/or hiring programmers. NET and PHP, I can tell you the average.NET guy knows far more about good software design than the average PHP guy. In every population there are some that are both brilliant and malicious.

Java 107

Java PHP Software Review Coder 107