Up and Running

SEPTEMBER 11, 2020

In fact, some of the biggest company expenses start off as cost-cutting measures. Cutting costs vs. cutting corners. It can also be a result of second-rate cost-reduction tactics. Are you cutting costs or merely cutting corners? Are you cutting costs or merely cutting corners? Have you been making the same mistake?

Cost 150

Cost Technical Review Salary Social Media 150

Startup Professionals Musings

JANUARY 30, 2022

Product development chasm. Another common chasm is never-ending product development. Focus is required to resist adding a few more neat features, made possible by the new technology, which in fact make the product more complex to use, impossible to test, and very expensive in time and cost.

Technical Review 375

Technical Review Startup Dilution Early Stage 375

YoungUpstarts

JUNE 10, 2013

To estimate the startup costs for a new business, you will have to take a look at several different categories of expenditure. Here are the main elements to consider and to do the math about: Administrative Costs. The first category of expenditure involves the administrative costs of starting your new business.

Cost 183

Cost Startup Web Development Finance 183

ReadWriteStart

NOVEMBER 30, 2021

A lot of work goes into starting a business, developing and launching products, and running the day-to-day operations, so marketing often gets put on the back burner. Check out these critical tips for developing an effective marketing strategy for startups in boring industries. Choose your Market Audience. Choose a Brand Name.

Developer 159

Developer Marketing Social Media Startup 159

Startup Professionals Musings

SEPTEMBER 16, 2023

But for founders who do their homework, the cost of entry is lower and the opportunity is higher than ever. Building a minimum viable product, with customer validation. Years ago, it cost a million dollars for a new e-commerce site, one that you can now create for almost nothing with current tools and technology.

Intellectual Property 261

Intellectual Property Entrepreneur Angel Groups Social Media 261

The Startup Magazine

MARCH 6, 2024

The giants in electronic industries have updated themselves in almost every aspect, be it operations, supply chain, repair and maintenance, or consumer-based research and development. That is why consumer surveys, interviews, discussions, and opinions matter the most, and so R&D costs are sky-high when talking about this industry.

Operations 134

Operations Management Software Review Technical Review 134

YoungUpstarts

AUGUST 1, 2023

Maximizing QA budgets while ensuring comprehensive testing is a critical aspect of successful product development and delivery. The post Maximizing Quality Assurance Budgets: Practical Tips For Cost-Effective Testing appeared first on Young Upstarts.

Cost 246

Cost Product Development Developer Product 246

Startup Lessons Learned

APRIL 26, 2009

Lessons Learned by Eric Ries Sunday, April 26, 2009 Product development leverage Leverage has once again become a dirty word in the world of finance, and rightly so. But I want to talk about a different kind of leverage, the kind that you can get in product development. Its a key lean startup concept.

Product Development 88

Product Development Developer San Francisco Product 88

Steve Blank

AUGUST 31, 2009

After 20 years of working in startups, I decided to take a step back and look at the product development model I had been following and see why it usually failed to provide useful guidance in activities outside the building – sales, marketing and business development. So what’s wrong the product development model?

Customer Development 238

Customer Development Developer Customer Silicon Valley 238

Startup Professionals Musings

DECEMBER 6, 2019

The problem is that professional investors (angels and venture capital) want a proven business model before they invest, ready to scale, rather than early projections and product development. That includes estimating the money required to get to the revenue stage, and saving money to cover costs before you jump off the cliff.

Finance 320

Finance Intellectual Property Technical Review Incubator 320

YoungUpstarts

MARCH 13, 2017

Clearly, other small businesses are finding productive, efficient ways to grow, and you may be wondering what steps you can take to foster growth and development in your venture. Develop a Thoughtful Plan. One of the most crucial steps you can take to foster growth is to develop a thoughtful business and growth plan.

Small Business 157

Small Business Developer Social Media United States 157

Steve Blank

NOVEMBER 13, 2012

I asked Tsutsumi-san to write a guest post for my blog to describe his experience with Customer Development in Japan. After waiting for a week or so for the book to make it to Japan, I was very much shocked how impressed I was by the Customer Development Model detailed in the book. Evangelizing Customer Development in Japan.

Japan 292

Japan Customer Development Developer Customer 292

Startup Professionals Musings

MAY 14, 2023

Things will cost more than you expect. 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. Buffer your projected resource requirements.

Burn Rate 258

Burn Rate Hockey Stick Management Salary 258

Startup Professionals Musings

NOVEMBER 28, 2020

But for founders who do their homework, the cost of entry is lower and the opportunity is higher than ever. Building a minimum viable product, with customer validation. Years ago, it cost a million dollars for a new e-commerce site, one that you can now create for almost nothing with current tools and technology.

Intellectual Property 404

Intellectual Property Startup Angel Groups Social Media 404

Startup Professionals Musings

FEBRUARY 12, 2023

It’s important to learn from your own mistakes, but it’s even smarter to learn from someone else’s mistakes, without paying their high price in time lost, cost, and pain. Viral marketing costs real money, and your support staff and hosting systems cost even more. Bypasses intellectual property as not worth the cost.

Intellectual Property 312

Intellectual Property Startup Angel Investor Viral 312

The Next Web

DECEMBER 2, 2013

Could $100,000 and the right developer skills make you an overnight billionaire? How much does it really take to build a product like Twitter or Instagram? Here are their breakdowns of the costs and time investments to create 10 of the world’s hottest startups. But a good developer could make it quicker.”. 1) Twitter.

Cost 168

Cost San Francisco New York City Ruby 168

ReadWriteStart

NOVEMBER 30, 2021

A lot of work goes into starting a business, developing and launching products, and running the day-to-day operations, so marketing often gets put on the back burner. Check out these critical tips for developing an effective marketing strategy for startups in boring industries. Choose your Market Audience. Choose a Brand Name.

Developer 78

Developer Marketing Social Media Startup 78

ReadWriteStart

NOVEMBER 12, 2022

As the global economic situation deteriorates amid the Russian invasion of Ukraine and soaring energy costs, many aspiring entrepreneurs might be tempted to give up and wait for better days. Frugal innovation has its roots in the developing world, where resource constraints have always necessitated a more creative approach to problem-solving.

Startup 198

Startup Technical Review Ghana Guerilla 198

Startup Professionals Musings

MAY 17, 2020

It’s important to learn from your own mistakes, but it’s even smarter to learn from someone else’s mistakes, without paying their high price in time lost, cost, and pain. Viral marketing costs real money, and your support staff and hosting systems cost even more. Bypasses intellectual property as not worth the cost.

Intellectual Property 436

Intellectual Property Angel Investor Viral Distribution 436

YoungUpstarts

DECEMBER 21, 2015

Budgets are a tricky facet for any business owner however being one of the most critical aspects to the operations, productivity, profitability, and growth of a business. Every year, dynamic markets, the state of the economy, and consumer demands change the requirements of a business and the costs of operation.

Cost 100

Cost Technical Review Software Review Operations 100

Startup Professionals Musings

JANUARY 29, 2022

Cost of a planning cycle is greater than cost of an execution iteration. Start with a strategic plan that embodies an iterative launch cycle, with a minimum viable product to a focused and limited domain, and the cost of execution will be low. If they don't fire before they aim, they may never take action at all.

Marketing 302

Marketing Technical Review Cost Product Development 302

Startup Professionals Musings

APRIL 13, 2015

Angel investors and venture capitalists are looking for startups with real products and a proven business model, ready to scale. Yet I still get too many business plans that clearly are looking for money to do research and development (R&D) on a new and unproven technology. Specialized VCs start to jump in at this stage.

Product Development 120

Product Development Developer Product Angel Investor 120

Steve Blank

SEPTEMBER 7, 2009

Finally, I’ll write about how Eric Ries and the Lean Startup concept provided the equivalent model for product development activities inside the building and neatly integrates customer and agile development. Part 4 of the Customer Development Manifesto to follow.

Customer Development 224

Customer Development Developer Customer Silicon Valley 224

Startup Professionals Musings

APRIL 27, 2019

Product development chasm. Another common chasm is never-ending product development. Focus is required to resist adding a few more neat features, made possible by the new technology, which in fact make the product more complex to use, impossible to test, and very expensive in time and cost.

Technical Review 255

Technical Review Dilution Early Stage Product Development 255

Startup Professionals Musings

MARCH 21, 2021

Product development. For a great idea person, the product details keep changing for the better, but nothing ever gets finished. Many experts suggest it costs six times more to sell something to a new customer than to an existing customer. They expect prompt formal follow-up to questions. Customer retention.

Technical Review 333

Technical Review Startup Software Review Retention 333

Startup Professionals Musings

AUGUST 19, 2020

Things will cost more than you expect. 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. Buffer your projected resource requirements.

Burn Rate 310

Burn Rate Hockey Stick Salary Angel Investor 310

YoungUpstarts

OCTOBER 30, 2019

New product development is an essential part of the entrepreneurial landscape. For companies of all sizes, from big corporations to small businesses, new product development is crucial. New products help companies continue to grow, thrive and generate revenue. Rob Morton: All types.

Product Development 113

Product Development Developer Product Demand 113

The Equity Kicker

OCTOBER 15, 2013

The declining cost of solar power is one of the biggest reasons that the folks at Singularity University are optimistic about the future. Having reached grid parity the use of solar should soar and cost should fall further as more money is invested in the technology. Cheap energy and plentiful fresh water. Sounds good.

Cost 136

Cost Technical Review Product Development Technology 136

The Startup Magazine

JANUARY 26, 2022

There are several elements that go into hardware product design that taps an unaddressed customer need, has the customer WOW factor, and succeeds long term in the market. Complicating the development of a useful product is the stringent safety and compliance approval testing that varies based on country and industry.

Design 134

Design Development Team Review Product Technical Review 134

YoungUpstarts

JULY 16, 2019

Have you developed any vision of a product development strategy? And keep in mind that the best option is to develop at least 5 domain names connected to your brand’s name to find an unoccupied domain. Decide on what actually you need to have a more detailed vision on how much it will cost you. Hourly rate.

eCommerce 113

eCommerce Software Developers Software Development Hosting 113

Berkonomics

OCTOBER 5, 2023

Since this number is budgeted and pre-authorized, managers tend to focus upon other things such as sales, marketing and product development issues. There is an art to efficient management of a process, whether that is the process of bringing a product to market from R&D to production or developing a new product’s launch program.

Silicon Valley 118

Silicon Valley Burn Rate Angel Investor Down Round 118

YoungUpstarts

OCTOBER 19, 2017

by Steve Owens, Founder and CTO of Finish Line Product Development Services. In this article we explore the unique challenges of a lean start-up and how Outsourced Product Development (OPD) can be used to overcome them. Reducing product turn time. Extending the runway. The Lean Start-Up Environment.

Product Development 153

Product Development Lean Developer Product 153

YoungUpstarts

JULY 29, 2020

If you’re looking to develop some software, you may not know how to create a software project that will be successful. Maybe it all comes down to hiring the best developers? Read on, and you’ll learn the basics of developing a successful software project. Finding Developers.

Software 189

Software Software Developers Software Development NDA 189

The Next Web

MARCH 6, 2014

To find out, I ask 12 founders from YEC the following: How can I get my business development team and my tech team to work more harmoniously with each other? Because they have two totally different roles, the business development team and the tech team often don’t understand each other’s hurdles and objectives very well. Build Trust.

Technical Review 129

Technical Review Development Team Review Developer Agile 129

The Startup Magazine

DECEMBER 21, 2021

NOTE: The entire process should be developed with the targeted reader (stakeholder) in mind, but with a relentless focus on enriching the current strategies to adopt sustainability. The report should follow the actions in your company! To simplify your work, you should pick and use an appropriate sustainability reporting software.

Software Review 169

Software Review Software Framework Asia 169

The Startup Magazine

MARCH 29, 2024

This is why I like to include customers in product development and testing. I also like to be close with customer service finding out how the product is working and what problems the customers have. This helps build a great product but it’s not the best product that wins. You must sell the most product.

Portugal 118

Portugal Entrepreneur Internet Advertising 118

Startup Professionals Musings

OCTOBER 2, 2023

Angel investors and venture capitalists are looking for startups with real products and a proven business model, ready to scale. Yet I still get too many business plans that clearly are looking for money to do research and development (R&D) on a new and unproven technology. Specialized VCs start to jump in at this stage.

Angel Investor 256

Angel Investor Early Stage Incubator Government 256