Startup Professionals Musings

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6 Due Diligence Concerns Before Outside Contracting

Startup Professionals Musings

Outsourcing is defined as contracting the work to another company, usually located in a developing country, like India, China, or Eastern Europe. The same applies to manufacturing and almost any process these days. This alternative has been around for several decades, with the generally accepted advantage of reducing costs.

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5 Startup Funding Models That Depend On The Consumer

Startup Professionals Musings

In Europe, other investors can buy equity, with platforms such as Seedrs. The allure is the ability to get small loans easily, or excellent returns from the interest, but the risks are high. Startup equity model. In the U.S., only accredited investors can use crowdfunding sites such as EquityNet to buy ownership in their favorite startup.

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I Haven’t Seen A Startup Yet Thrive Without Marketing

Startup Professionals Musings

There is a reason that sites like Priceline.com Europe and Facebook, which everyone believes were made popular by viral marketing, have spent at least $50 million each becoming a household name. However, the cost of entry has gone up as the concept of viral marketing has become pervasive.

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6 Realities To Evaluate Your Outsourcing Alternatives

Startup Professionals Musings

Outsourcing is defined as contracting the work to another company, usually located in a developing country, like India, China, or Eastern Europe. The same applies to manufacturing and almost any process these days. This alternative has been around for several decades, with the generally accepted advantage of reducing costs.

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5 Crowdfunding Approaches To Tempt Every Entrepreneur

Startup Professionals Musings

In Europe, other investors can buy equity, with platforms such as Seedrs. The allure is the ability to get small loans easily, or excellent returns from the interest, but the risks are high. Startup equity model. In the U.S., only accredited investors can use crowdfunding sites such as EquityNet to buy ownership in their favorite startup.

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Six Criteria for Outsourcing the Right Processes

Startup Professionals Musings

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. Companies in Asia and Eastern Europe can still provide direct cost reductions of up to 75%.

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Viral Marketing And Word-of-Mouth Require Investment

Startup Professionals Musings

There is a reason that sites like Priceline.com Europe and Facebook, which everyone believes were made popular by viral marketing, have spent at least $50 million each becoming a household name. However, the cost of entry has gone up as the concept of viral marketing has become pervasive.

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