Startup Professionals Musings

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10 Remote Staffing Blunders That Will Cost You Dearly

Startup Professionals Musings

Getting a fixed price bid works for well-defined short-term projects, like blogging or programming. Ideal outsourced tasks are beyond your core competency, can be specified in detail, and managed with quantified deliverables and checkpoints. Fixed price bidding is the only effective outsourcing model.”

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8 Tactics To Make You A Fearless Business Innovator

Startup Professionals Musings

Keep your eyes and mind open to free sources of innovation in every ecosystem, including open-source software, university cooperative programs, and the many incubators and accelerators supported by volunteers and communities. Capitalize on free communal initiatives around you. You can provide the discipline and the resources for results.

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7 Ways To Validate Your Business Idea Before Starting

Startup Professionals Musings

New smartphone apps cost only a few thousand, if you have the programming skills. Choose projects with financial resources within your reach. These days, you can build a new e-commerce website to sell home-made wares for a few hundred dollars.

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7 Challenges To Overcome When Building A Startup Team

Startup Professionals Musings

I like how she was able to motivate, train, and reward employees, including the implementation of an incentive program to get every member of the team actively involved in generating new business. She also identifies the typical myths against using this approach, and describes how to overcome each one: “Entrepreneurs are born, not made.”

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How To Prevent Gaps in An Innovative Startup Strategy

Startup Professionals Musings

There is a big gap between people who love to try new technologies, and the rest of us, who tend to be much more “technophobic.”

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Mentors-Plus-Capital Programs – Intense Incubation

Startup Professionals Musings

There is a growing fellowship of special-case start-up programs operated by closely-knit, permanent groups of angel-mentors. Paul Graham built the mold at Y Combinator , which he founded back in 2005. They have processed well over a hundred client start-ups so far and have an impressive list of successes.

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Grant Applications Often Provide Early-Stage Funding

Startup Professionals Musings

through Grants.gov , an online directory of more than 1,000 federal grant programs that don’t look for equity or payback. Specifically, I often point to the NSF or the Small Business Innovation Research (SBIR) program for high-tech startups. Also, it’s important that you understand just how the SBIR program works.