Remove Cofounder Remove Marketing Remove Software Development Remove Technology
article thumbnail

6 Due Diligence Concerns Before Outside Contracting

Startup Professionals Musings

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.

article thumbnail

10 Remote Staffing Blunders That Will Cost You Dearly

Startup Professionals Musings

But trying to use it on call centers, affiliate marketing, or even data entry probably won’t be effective. Fair compensation is normally something higher than the market price at the outsourcing location, but lower than you would have to pay in your location. “I I’ll outsource software development, since I don’t understand it.”

Cost 346
Insiders

Sign Up for our Newsletter

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

Trending Sources

article thumbnail

Rustam Gilfanov: “The Business Plan Of A Startup Is A Test Of The Idea’s Survival Potential”

YoungUpstarts

A startup is the launch of a fundamentally new solution, a market innovation. Define the problem that your idea solves and conduct an initial marketing research. When compiling a business plan, focus on specific market segments. Define the Market Potential. Check whether there are growing trends in the market.

article thumbnail

6 Realities To Evaluate Your Outsourcing Alternatives

Startup Professionals Musings

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.

article thumbnail

10 Outside Staffing Quotes True Entrepreneurs Avoid

Startup Professionals Musings

But trying to use it on call centers, affiliate marketing, or even data entry probably won’t be effective. Fair compensation is normally something higher than the market price at the outsourcing location, but lower than you would have to pay in your location. “I I’ll outsource software development, since I don’t understand it.”

article thumbnail

IPA: a Quiet $10B Market (Automation is En Fuego part 2)

Austin Startup

In the last post , we started with this chart, and we focused on RPA (the bright blue at the bottom of the bar chart), the most explosively growing enterprise software category I’ve ever seen. then the process technologies of IPA are the how it works part of digital transformation of a business.

article thumbnail

What’s FinTech, And What Does It Mean For Your Business?

YoungUpstarts

by Andriy Skoropad, co-founder & CEO at Perfectial. Some claim that all possible interactions of finance and technology, which I guess includes credit cards – the 1950’s invention, are FinTech. The term, itself, is a compound of “financial” and “technology”. and European markets. What is FinTech now ?

Ruby 210