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How to Compete Against Open Source Competition

Software By Rob

At some point in the past year I watched a video of an Eric Sink presentation and he asked the following question (he said it was asked of him by a college student): Why would someone buy your product when it has an open source competitor? At a salaried job making $80k plus benefits your time is worth around $55/hour.

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The Best Ways to Save Money as a New Startup

ReadWriteStart

Early in your startup’s development, you’ll likely be low on capital. Someone with 20 years of experience in the industry may seem like a great fit for growing your organization, but they’re also going to demand a high salary. Rely on Open Source Software. Outsourcing is one of your best options for long-term development.

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Startups Want Chatbots but 80% Lack Knowledge About Conversational AI

ReadWriteStart

How can smaller companies benefit from technology development and implement AI assistants today? DeepPavlov.ai, is the team behind the open-source Conversational AI stack designed to enable faster and easier chatbots and AI-assistants’ development. Expectations vs. Reality .

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Flexible VC, a New Model for Companies Targeting Profitability

David Teten

Flexible VCs have created structures based on other company performance metrics than revenues, such as profits or founder salaries. Similarly, when Flexible VC structures are based off of the founder’s own compensation (often via salary or dividends), investors are specifically tying their returns to the financial success of the founder.

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The Most Challenging Part of Becoming a Freelance Developer.

Software By Rob

A few weeks ago a Micropreneur Academy member asked about getting started as a freelance developer since freelance development can be more conducive to getting started as a Micropreneur. Instead of being able to justify a somewhat fixed salaried workday, you find yourself working longer and longer hours as client demands increase.

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The non-developer’s guide to hiring software developers

The Next Web

If Marc Andreesen is right (and I happen to believe he is) then talented software developers will soon be the most sought after type of employee for just about any company, whether that company’s main business is building software or not. Attracting and hiring great software developers for your company is difficult, but it’s not impossible.

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Should Early Stage Startups Move to Austin because of Capital?

Austin Startup

My primary mission was to learn from the impressive entrepreneurial ecosystem in Austin and draw lessons for developing the entrepreneurship education program for Beetroot Academy. Tim O’Reilly, Founder at O’Reilly Media and promoter of open source and Web 2.0 However, prices are rocketing.