Startup Professionals Musings

OCTOBER 5, 2014

Things will cost more than you expect. Waiting until you have something to sell before bringing on a sales and operations staff. Getting a sales contract before manufacturing inventory. For example, a software development startup raising $250,000 from angel investors better be able to operate on $25,000 per month.

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Burn Rate Hockey Stick Entrepreneur Salary 262

Hearpreneur

DECEMBER 30, 2020

Launching a recipe website can cost as little as $150 if you can utilize your phone as a camera to start. The most expensive cost right off the bat is the time commitment when compared to the minimum capital and operational cost. This helps them generate leads and sales. Photo credit: Jessica Randhawa. Thanks to Gigi J.K.,

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Technical Review Entrepreneur Software Review SEO 144

Startup Professionals Musings

SEPTEMBER 14, 2016

Things will cost more than you expect. Waiting until you have something to sell before bringing on a sales and operations staff. Getting a sales contract before manufacturing inventory. For example, a software development startup raising $250,000 from angel investors better be able to operate on $25,000 per month.

Burn Rate 120

Burn Rate Hockey Stick Startup Salary 120

Gust

APRIL 27, 2014

Software Development Process via Wikipedia. This will include the first version of many critical processes that can be split out later, including market opportunity, requirements, product definition, business model, sales process, and organization. Product development process. Customer service and support.

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Startup Institutional Investors Angel Investor Bootstrapping 187

View from Seed

NOVEMBER 6, 2014

Isaac Cambron is co-founder and CTO of Zensight.co , whose pre-launch product enables sales reps to find and use their best content to close more deals. Below, he answers questions about developing products from scratch, as well as the difficult technology choices and tradeoffs CTOs must make.

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Steve Blank

AUGUST 31, 2009

After 20 years of working in startups, I decided to take a step back and look at the product development model I had been following and see why it usually failed to provide useful guidance in activities outside the building – sales, marketing and business development. So what’s wrong the product development model?

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Customer Development Developer Customer Silicon Valley 238

ReadWriteStart

FEBRUARY 22, 2022

For example, if the goal of R&D is to improve the existing product or develop a new one, it makes sense to gather and analyze a massive array of marketing data. The chart below shows the countries that support the most research and development initiatives of private companies. Reasons for new product development.

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Offshore Demand Germany Global 140

Berkonomics

AUGUST 10, 2017

Since this number is budgeted and pre-authorized, managers tend to focus upon other things such as sales, marketing and product development issues. 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.

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Silicon Valley Burn Rate Angel Investor Down Round 97

Berkonomics

MARCH 30, 2010

Since this number is budgeted and pre-authorized, managers tend to focus upon other things such as sales, marketing and product development issues. There is an art to efficient management of a process, whether that is the process of bringing a product to market from R&D to production or developing a new product’s launch program.

Silicon Valley 85

Silicon Valley Burn Rate Angel Investor Down Round 85

Software By Rob

NOVEMBER 16, 2009

Geoffrey Moore Author of Crossing the Chasm and four other books, Geoffrey Moore has been thinking about high-tech product development longer than most of have been doing anything on a computer. These highlights focus on the key points I took away from my favorite talks.

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Software Review Software San Francisco RSS 47

murkygrey.com

OCTOBER 23, 2010

They emerge a few years later in hoards of brilliant and eager software developers. You might be tempted to skip hiring a manager altogether, tap into the startup spirit and “do it yourself&# (that is: manage your offshore developers yourself, remotely). Managing people is hard, managing developers is harder.

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Offshore Software Developers Software Development Software 40

Steve Blank

NOVEMBER 2, 2009

In times when venture capital is hard to get, investors extract high costs for failure (down-rounds, cram downs , new management teams, shut down the company.) Sales people cost money, and when they’re not bringing in revenue, their wandering in the woods is time consuming, cash-draining and demoralizing. Who influences a sale?

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Lean Silicon Valley Startup RSS 244

Startup Lessons Learned

FEBRUARY 28, 2009

This builds on a lot of great thinking that has come before, like the agile movements insistence that only the creation of working code counts as progress for a software development team. We set sales targets from day one, $300 the first month. As the experiments progressed, day-in-day-out we werent making sales.

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San Francisco Continuous Deployment Lean DC 98

Software By Rob

NOVEMBER 16, 2009

That’s when you find one or more (future) customers that help fund your product development in exchange for input into the process and free or highly discounted use of the software. In this scenario, $5k or $10k goes a long way towards bringing a product to fruition. Why Don’t More Startups Do This?

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Software By Rob

AUGUST 18, 2010

A 354 percent increase in abuse-related issues like spamming, followed by a 245 percent increase in legal costs dealing people trying to game the system.&# But a more important question to which I don’t have a good answer is whether the Free/Premium strategy leads to better or worse product development. 7 Ed on 08.18.10

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Software Review Software Revenue Cofounder 78

Startup Lessons Learned

DECEMBER 7, 2008

Sometimes, a great hacker has the potential to grow into the CTO of a company, and in those cases all you need is an outside mentor who can work with them to develop those skills. At the end of the day, the product development team of a startup (large or small) is a service organization. Sure, it seems efficient.

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Software Review Technical Review Part-Time VPE San Francisco 94

maplebutter.com

JANUARY 8, 2013

Or should I launch products and a startup for each of them, focusing on only 1 product at a time? I would focus on one product and set a goal to generate $1M in yearly revenue from it. Do that – nothing else but one product / company / focus and get to $1M in sales with atleast $15% net profit. do something else.

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Technical Review Startup Cofounder Software Review 44

Software By Rob

NOVEMBER 18, 2008

It’s about this time that support emails start going unanswered, releases stop, and the product withers on the vine. It may wind up for sale on SitePoint , or it may be relegated to the bone yard of failed software products. Once a product hits critical mass you’ve conquered the hardest part of the equation.

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Software Review Software Product Salary 42

ConversionXL

SEPTEMBER 10, 2021

In this post, we’re sharing a build vs. buy framework to help you consider the opportunity costs and make an informed decision on whether to buy software off the shelf or build a custom solution. Gartner forecasts enterprise software spending will total almost $572 billion worldwide by 2022. The scope of the project.

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Software Review Technical Review Software Acquisition 96

A Smart Bear: Startups and Marketing for Geeks

FEBRUARY 7, 2011

So your cost per billable hour is: Nominal Cost: $30/hour. Recomputing the cost of the remaining billable hours, we have: 20 WD/month, $31/hour. That changes the annual cost of your employee from $60,000 to $69,000 with an associated change in hourly cost: 20 WD/month, $36/hour. Lack of focus kills.

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America Employee Hiring HTML 330

www.quora.com

JANUARY 16, 2011

As a developer, I feel that design/creative is undervalued in the early stages of product development. Notwithstanding examples like Plentyofish, people respond to well designed, well branded products, and that can be important in getting traction early on. When I say viable, I mean something that can generate sales.

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Developer Technical Review Cofounder Technical Cofounder 42

Startup Lessons Learned

JANUARY 28, 2009

Its an essential discipline of good software development, especially in startups. Because, unless you are working in an extremely static environment, your product development team is learning and getting better all the time. Labels: agile , product development , Test-driven development 11comments: William Pietri said.

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San Francisco Lean Continuous Deployment DC 79

Steve Blank

MAY 9, 2017

The second thing that’s changed is that we’re now Compressing the Product Development Cycle. In the 20 th century startups I was part of, the time to build a first product release was measured in years as we turned out the founder’s vision of what customers wanted. The founders. China has simply become the factory.

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Restful Silicon Valley Puerto Rico San Jose 222