article thumbnail

Five Pitfalls to Avoid When Offshoring Software Development

The Startup Magazine

If so, it’s highly likely you’ve already come through a bunch of materials about offshoring. Doesn’t it seem to you that all the benefits of this business model are too good to be true? Offshoring has both light and dark sides. 1 Failing to choose a proper business model. Source: Pixabay.

article thumbnail

5 Steps To Finding The Best Investor For Your Startup

Startup Professionals Musings

Investor due diligence on a startup is not a mysterious black art, but is nothing more than a final integrity check on all aspects of your business model, team, product, customers, and plan. Look for investor experience in your business domain, as well as evidence of integrity and trustworthiness.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

7 Ethical Fictions Lead Many New Entrepreneurs Astray

Startup Professionals Musings

Don’t follow the examples of institutions in the recent financial meltdown, or certain oil companies working offshore, or the many smaller company examples we have seen in our own neighborhoods. A successful business is far more than a good product and a good business model – it’s equally about projecting and executing with a great culture.

article thumbnail

Profitability Of Offshore Outsourcing Of Android Development

YoungUpstarts

By consulting with Redwerk, you can take your idea or concept and have it transformed into a user-friendly application that can draw traffic to your business in ways never before envisioned (you can learn more about the technology behind application development for the Android by visiting https://redwerk.com/technologies/android-development ).

Offshore 100
article thumbnail

5 Keys To Vetting Investors Before You Accept Funding

Startup Professionals Musings

Investor due diligence on a startup is not a mysterious black art, but is nothing more than a final integrity check on all aspects of your business model, team, product, customers, and plan. Look for investor experience in your business domain, as well as evidence of integrity and trustworthiness.

article thumbnail

7 Delusions About Business Ethics Limit Future Growth

Startup Professionals Musings

Don’t follow the examples of institutions in the recent financial meltdown, or certain oil companies working offshore, or the many smaller company examples we have seen in our own neighborhoods. A successful business is far more than a good product and a good business model – it’s equally about projecting and executing with a great culture.

article thumbnail

What to Expect from Cryptocurrencies in 2020

The Startup Magazine

The number of fraudulent companies is lower, as compared to 2017, but even in 2020, we can find entities operating offshore with a questionable business model. Developing regulation will also contribute to a reduction in the level of scam companies in the crypto industry.