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5 Startup Cost Realities Most Founders Underestimate

Startup Professionals Musings

For example, I come from a software background, and back in the early PC days, it could easily cost half a million dollars for a team of professionals to produce a commercial product. Now, with powerful high-level tools and open source software, winning smartphone apps can be built by a good hacker for a few thousand dollars.

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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

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. Enterprise software companies tend to charge a lot for their platforms – mostly because they can.

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30 Money Saving Tips For Your Business

Up and Running

Use Open Source and Cloud Computing. Every startup will use some kind of software: book keeping, word processing, presentation. Sourceforge.net has an index of open source options. For most things you need to do, you can find an open source and/or cloud version of it. Environmental Protection Agency.

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This is Not Your Father’s Software Industry

Andrew Payne

The software industry has seen major changes in the past 10 years, as the business of software has gotten increasingly efficient and friction-free. There are more skilled people creating software than ever before, and the market provides ways for the best talent to find opportunity well above an annual salary.

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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. Embrace open source. Open source developers aren’t lazy thieves.

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The Cost Equation for a Startup is Better Than Ever

Startup Professionals Musings

I come from a high-tech software background, and only a few years ago, it would cost at least a million dollars ($1M) for a team of professionals to produce any commercial software product. Now, with open source software components, and low-cost development tools, the same job can be done by one good hacker for a few thousand dollars.

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