Startup Professionals Musings

MAY 14, 2023

Waiting until you have something to sell before bringing on a sales and operations staff. For example, a software development startup raising $250,000 from angel investors better be able to operate on $25,000 per month. This could equate to two technical founders (with a minimal salary), funding two developers for a year.

Burn Rate 258

Burn Rate Hockey Stick Management Salary 258

YoungUpstarts

DECEMBER 24, 2020

Remember that investors will not appreciate a business plan that features exorbitant salaries of the founders. Rustam Gilfanov is an IT company co-founder, IT businessman and international investor. Today, this company is the largest software developer for the gaming industry, marketing and finance.

Business Plan 263

Business Plan Ukraine Cofounder Startup 263

Startup Professionals Musings

AUGUST 19, 2020

Waiting until you have something to sell before bringing on a sales and operations staff. For example, a software development startup raising $250,000 from angel investors better be able to operate on $25,000 per month. This could equate to two technical founders (with a minimal salary), funding two developers for a year.

Burn Rate 310

Burn Rate Hockey Stick Salary Angel Investor 310

SoCal CTO

AUGUST 4, 2011

Almost every day I'm talking to early stage startup founders (see Free Startup CTO Consulting Sessions ) about what they plan to do. Many of these founders have talked with several developers or development firms about their plans. Are there specific metrics needed for future funding rounds or for operations?

Developer 396

Developer Founder Viral Oauth 396

SoCal CTO

AUGUST 4, 2011

Almost every day I'm talking to early stage startup founders (see Free Startup CTO Consulting Sessions ) about what they plan to do. Many of these founders have talked with several developers or development firms about their plans. Are there specific metrics needed for future funding rounds or for operations?

Developer 384

Developer Founder Viral Oauth 384

David Teten

OCTOBER 1, 2015

Should you co-found your company with a software development shop? portfolio operator VCs, e.g., Andreessen Horowitz, ff Venture Capital, First Round Capital, Google Ventures. portfolio operator VCs, e.g., Andreessen Horowitz, ff Venture Capital, First Round Capital, Google Ventures. mentor VCs, e.g., most VCs.

Software Developers 60

Software Developers Software Development Software Review Technical Cofounder 60

David Teten

OCTOBER 1, 2015

I spoke with experts at a number of software development shops to get their insights on this topic, leaders at DarwinApps , Casual Corp , HappyFunCorp , OAB Studies , Coventure (a VC with its own software development team), and World Accelerator (an accelerator focused on premium domain names).

Software Developers 60

Software Developers Software Development Software Developer 60

The Next Web

JANUARY 4, 2014

Julius Talvik is co-founder and Chief Innovation Officer of Unison , a brand innovation company in Washington, DC, that develops physical and digital products for companies around the world. The concepts of branding that once applied to physical things got transferred to digital assets such as websites and operating systems.

Operations 144

Operations Architecture Cofounder DC 144

The Startup Magazine

JUNE 9, 2022

His present work also includes Children for Christ, which is a Christian-owned and operated ministry to spread the Bible’s word while supporting children’s ministries. As President and Founder of this organization, Halladay and his team make a line of Bible-inspired clothing and sell it locally and online to assist in funding the ministry.

Jacksonville 167

Jacksonville New Jersey Entrepreneur Florida 167

The Startup Magazine

JANUARY 15, 2020

Software development is an ongoing project. We developed Pages based on actual conversations we had with our customers,” explains Kenny Rueter, Kajabi co-founder and CEO. “We Next, we had to figure out how we could deliver that while staying drop dead simple to operate. Investor Input?

Software Developers 113

Software Developers Software Development Equity Software 113

Startup Professionals Musings

AUGUST 8, 2014

If you have a software development background like mine, Im sure you often get questions about when to outsource, versus building the solution in-house. Outsourcing is defined as contracting the work to another company, usually located in a developing country, like India, China, or Eastern Europe.

Intellectual Property 238

Intellectual Property Non-disclosure Agreement Software Review Offshore 238

YoungUpstarts

JANUARY 7, 2018

by Humberto Farias, CEO and co-founder at Concepta. The problem, is historically, the investment in time and resources required for traditional digital solutions can feel out of reach, and the type of programs used by corporations aren’t practical for SMBs for daily operations like reporting, inventory, or accounting. Automation.

Artificial Inteligence 164

Artificial Inteligence Analytics SCRUM Cofounder 164

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.

Intellectual Property 222

Intellectual Property Non-disclosure Agreement Non-Compete Vietnam 222

Startup Professionals Musings

SEPTEMBER 29, 2018

Waiting until you have something to sell before bringing on a sales and operations staff. For example, a software development startup raising $250,000 from angel investors better be able to operate on $25,000 per month. This could equate to two technical founders (with a minimal salary), funding two developers for a year.

Burn Rate 223

Burn Rate Hockey Stick Startup Salary 223

Startup Professionals Musings

JULY 16, 2017

Very few entrepreneurs have the range of skills and experience to be the solution creator as well as business creator, or operational as well as sales leader. In fact, I would broaden the definition of partner from co-founder to “business partner.” Operate with a comparable level of integrity.

Partner 140

Partner Software Review CTO Hire Cofounder 140

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.

Intellectual Property 225

Intellectual Property Non-disclosure Agreement Non-Compete Vietnam 225

View from Seed

APRIL 21, 2015

On the heels of our research on HBS entrepreneurs , NextView’s Dimitri Dadiomov (HBS ’15) interviewed several top founders on the early stages of their companies. Matt Prince , Co-Founder and CEO, CloudFlare (Web performance and security to protect and accelerate websites; $72.1 On Launching and Finding Early Traction.

Founder 120

Founder Las Vegas Entrepreneur Cofounder 120

YoungUpstarts

JUNE 16, 2020

Strohl, CPA and founder of Protax Consulting, a firm that offers tax services to expatriate Americans , “everyone wants to live someplace warm and beautiful.” When you’ve properly valued your business, you can use that valuation as collateral for a loan or new equity to expand operations, or establish another location.

Valuation 162

Valuation CPA Software Review Revenue 162

Startup Professionals Musings

JANUARY 20, 2016

If you have a software development background like mine, I’m sure you often get questions about when to outsource, versus building the solution in-house. Outsourcing is defined as contracting the work to another company, usually located in a developing country, like India, China, or Eastern Europe.

Intellectual Property 120

Intellectual Property Non-disclosure Agreement Software Review Technical Review 120

Berkonomics

OCTOBER 5, 2023

In the technology sector where I most often play, extended unplanned software development cycles account for the majority of these corporate failures. We often accept that development schedules for young companies are almost always too optimistic. The financial pain of unplanned delays.

Silicon Valley 118

Silicon Valley Burn Rate Angel Investor Down Round 118

Up and Running

SEPTEMBER 15, 2021

The largest cost component of establishing a SaaS company is product development costs. This includes the design, development, launch, and enhancement of the SaaS application. . Often, SaaS company founders are not aware of steps, tools, and checkpoints they should follow while building their product. Do your design first.

Cost 158

Cost Developer Azure Cloud 158

YoungUpstarts

FEBRUARY 12, 2017

by Andriy Skoropad, co-founder & CEO at Perfectial. Currently, people understand it as application of modern software for financial services. With over 17 years of experience, Andriy successfully applies his versatile skill set to help businesses kickstart, develop and succeed. and European markets.

Ruby 210

Ruby Cofounder Finance Campaign 210

YoungUpstarts

AUGUST 24, 2017

by Stefan Pretty, founder of Subbly. Plus, starting an online business of course has it’s costs, but with a multitude of solutions out there (with Subbly being one of them) you don’t need to spend thousands on software development or marketing to validate your business idea. And a cocktail, of course.

Churn Rate 149

Churn Rate eCommerce Business Model Bootstrapping 149

Startup Professionals Musings

OCTOBER 5, 2014

Waiting until you have something to sell before bringing on a sales and operations staff. For example, a software development startup raising $250,000 from angel investors better be able to operate on $25,000 per month. This could equate to two technical founders (with a minimal salary), funding two developers for a year.

Burn Rate 262

Burn Rate Hockey Stick Entrepreneur Salary 262

YoungUpstarts

MARCH 15, 2016

by Madarapu Nagaraju, co-founder and director at KnowledgeHut. This invariably points out to that the role of a mobile app developer has become ever more essential to provide users new ways to engage with their smartphones. Why Android is a preferred platform to develop software. Fluency in all of these areas is a must.

Java 100

Java XML Developer API 100

YoungUpstarts

NOVEMBER 1, 2019

by Gaurav Gupta , Founder of Square Boat. But wanting to materialize a product or service and sustaining its operations are two different things. There are a plethora of such tools available online and they’re customized to suit different operations.

Software Review 113

Software Review Startup Azure SEO 113

Startup Professionals Musings

FEBRUARY 21, 2012

Another one to avoid cash burn for software development is a contract for percent of future revenue. For example, a web-based startup should be able to operate for a year if they raise $500,000 from the founders or angels. Great strategy. Do it yourself and barter for services.

Burn Rate 232

Burn Rate Startup Salary Equity 232

Up and Running

AUGUST 30, 2021

Entrepreneurs have to get really comfortable with rejection, especially as a first-time founder. This is what most founders do. The important thing is to gain experience with how fast-paced companies operate, the relationships you need to be successful, and all the different hats you’ll have to wear. Solve the rest later.

Entrepreneur 132

Entrepreneur Lean Colorado Engineer 132

ReadWriteStart

JANUARY 20, 2020

insert founder number] of the founders dropped out of [insert Ivy League school]. We wish we were the founders, experiencing this testosterone-fueled melodrama of success. The reality is, most 20-somethings that start businesses lack the operational, managerial, sales and financial expertise to scale anything.

Sweat Equity 107

Sweat Equity Non-Compete Startup Azure 107

Steve Blank

MAY 9, 2017

The founders were simply wrong about their assumptions about customer needs. It turns out the term “visionary founder” was usually a synonym for someone who was hallucinating. Founders Need to Run the Company Longer. So, almost like clockwork 20 th century startups fired the innovators/founders when they scaled.

Restful 235

Restful Silicon Valley Puerto Rico San Jose 235

View from Seed

OCTOBER 5, 2016

But secondly, the can play a strategic role in everything from optics (signaling “smart money” is involved to connections to tangible, operational help. Software developers like to spend time with like-minded developers. First and foremost, angels can provide capital. That’s especially true for angels.

Angel Investor 332

Angel Investor Boston Seed Stage Syndicate 332

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.

Software 129

Software Intellectual Property Non-disclosure Agreement Non-Compete 129

Startup Professionals Musings

JANUARY 28, 2011

Another one to avoid cash burn for software development is a contract for percent of future revenue. For example, a web-based startup should be able to operate for a year if they raise $500,000 from the founders or angels. Great strategy. Do it yourself and barter for services.

Burn Rate 231

Burn Rate Startup Salary Equity 231

Startup Professionals Musings

SEPTEMBER 14, 2016

Waiting until you have something to sell before bringing on a sales and operations staff. For example, a software development startup raising $250,000 from angel investors better be able to operate on $25,000 per month. This could equate to two technical founders (with a minimal salary), funding two developers for a year.

Burn Rate 120

Burn Rate Hockey Stick Startup Salary 120

YoungUpstarts

APRIL 6, 2015

by Tal Segalov, CTO & co-founder of Mintigo. The message should always be consistent, and that means keeping your colors, visuals and business logos in line with your brick and mortar operations. Never neglect mobile operations. His previous experience includes developing complex, large scale data analysis systems.

CTO Hire 100

CTO Hire Cofounder Social Media Mobile 100

ReadWriteStart

JUNE 1, 2020

Reasons for funding. ? Scale up your operations. One of the most prominent reasons for funding is to scale up your operations, for expansion and achieve economies of scale. Now you may want to scale up your operations or expand your presence. The third reason is to fund your short term operational expenses or working capital.

Startup 150

Startup Entrepreneur Elevator Pitch Seed Stage 150

ReadWriteStart

JANUARY 20, 2020

We wish we were the founders, experiencing this testosterone-fueled melodrama of success. It’s one of the main reasons startup founders often shy away from reasonable SEO pricing models, opting instead for the riskier, cheap, outsourced route or the DIY approach —which are both fraught with their own perils.

Sweat Equity 78

Sweat Equity Non-Compete Startup Azure 78