Up and Running

OCTOBER 13, 2022

It isn’t unusual to act as CEO while also tackling marketing tasks and coordinating operations. As you find your footing and begin to scale, you might feel ready to hire a formal executive team. With that said, here’s a closer look at when — and how — to hire an executive team. When is the right time to hire an executive team?

CTO Hire 163

CTO Hire Fractional CTO CTO Hiring 163

The Startup Magazine

FEBRUARY 11, 2024

With startups and many smaller businesses often having tighter budgets than more established companies, it becomes vital to implement measures to limit potential liability. So how exactly can startups limit their liability in such incidents? One area where liability can be substantial is company car accidents.

Technical Review 131

Technical Review Houston Dividend Startup 131

The Startup Magazine

OCTOBER 2, 2020

The growing data analytics industry is poised to help businesses optimize analytics to reduce costs without jeopardizing growth. Businesses need to increase their business analytics capabilities now more than ever, to protect against fraud, reduce costs, boost productivity, and more. 3) Lower Marketing Costs. 4) Reduce Turnover.

Analytics 162

Analytics Cost Software Review Retention 162

Startup Professionals Musings

DECEMBER 5, 2021

Every time I challenge a business plan with little or no budget for marketing, I get the answer that they will be using “viral” marketing, which costs nothing. At any rate, “buzz-worthy” and “viral” are marketing illusions that cost big money to create, and these are only the beginning. That’s a double death wish. Marty Zwilling.

Viral 348

Viral Marketing SEM Campaign 348

YoungUpstarts

NOVEMBER 23, 2020

Startup businesses often struggle with limited resources. Here are examples of services that startups can outsource. Due to the low volume of financial transactions, most startups may not require a full-time bookkeeping expert. Experienced financial experts are expensive to hire in-house. Financial services.

Startup 232

Startup Technical Review Salary Hiring 232

ReadWriteStart

DECEMBER 15, 2022

Startup studios continue to grow in popularity as incubators for new businesses. Rather than simply launching one startup, the startup studio model creates an organization whose business is launching startups. These can then be repeated and improved on with each successive startup.

Incubator 188

Incubator Startup Software Developers Software Development 188

The Startup Magazine

AUGUST 30, 2022

Small businesses can reduce their cost when they outsource their IT needs. You might outsource IT services and get support, systems, and hardware at a lower cost. IT security and support services are crucial to the operation of your business. Saves You Money and Time. This will allow you to focus on improving your business.

Security 124

Security Technical Review Hiring Software Review 124

The Startup Magazine

JUNE 9, 2022

Industrial and technological revolutions have been changing the global job markets worldwide, and hiring the right talent is becoming difficult by the day. All these factors are common across the most developed and developing countries but some countries and cultures prove to be more challenging when it comes to hiring the best talent.

Hiring 140

Hiring Japan Bandwidth Technical Review 140

ReadWriteStart

JANUARY 23, 2023

Every year, new startup entrepreneurs attempt to launch a business on the leanest budget possible. Whatever the case, you’ll need to make some big sacrifices and strategic managerial decisions if you want this lean startup budget to work — and it’s definitely possible. Consider a hybrid workplace.

Lean 158

Lean Technical Review Startup Acquisition 158

The Startup Magazine

JANUARY 27, 2023

The advent of off-site operations raises the inescapable need for a system of managing, supervising, and coordinating activities in field service management. Field service management offers the much-needed opportunity to manage field operations remotely. Will such a tool benefit my startup?

Software Review 154

Software Review Software Technical Review Startup 154

Both Sides of the Table

APRIL 26, 2016

There has been a lot of public debate over the past several weeks about whether it’s a good thing to be “gross margin positive” or not and commentary always reminds me that some people at startups don’t quite understand financial metrics or even how to think about which ones are healthy. Customer acquisition cost.

Metrics 150

Metrics Cost Acquisition Startup 150

Startup Professionals Musings

MAY 14, 2023

Cash flow is a basic survival metric for every startup. Yet it always amazes me that I can find two different startups, seemingly working on the same problem, with one having a burn rate several times higher than the other. Things will cost more than you expect. They understand startup realities. You will make mistakes.

Burn Rate 258

Burn Rate Hockey Stick Management Salary 258

YoungUpstarts

JULY 16, 2019

In 2018, Canada had a record-low unemployment rate and as a result we are seeing more companies, startups and online-based businesses dedicated to serving the niche-jobs industry. This has shown that the state of hiring within the Canadian tech industry in current cities and emerging cities are growing. Job sites such as BCjobs.ca

Canada 149

Canada Hiring Artificial Inteligence Software Developers 149

The Startup Magazine

MARCH 28, 2021

In this guide, we will discuss the different ways you can set up an LLC and the costs involved. The only costs that you will need to pay will be the state filing fee. Hiring a lawyer for LLC formation might be a better option in this case. You will incur a legal cost of somewhere between $1,000 to $1,500 for the process.

LLC 111

LLC Cost Limited Liability Company United States 111

ReadWriteStart

JULY 5, 2023

Neko Health will be able to revolutionize the healthcare industry and expand its operations beyond the borders of its home country of Sweden as a result of the funding received. After a full-body examination that lasts for ten to twenty minutes and costs a patient €250, the results are discussed with a medical professional.

Sweden 126

Sweden Artificial Inteligence Cofounder Technical Review 126

Startup Professionals Musings

FEBRUARY 25, 2017

Every time I challenge a business plan with little or no budget for marketing, I get the answer that they will be using “viral” marketing, which costs nothing. At any rate, “buzz-worthy” and “viral” are marketing illusions that cost big money to create, and these are only the beginning. That’s a double death wish. Marty Zwilling.

Campaign 167

Campaign Cost Viral Marketing 167

YoungUpstarts

JUNE 10, 2013

Assessing the upcoming expenditure and determining your startup budget will be essential for the smooth and problem-free start of business activities. To estimate the startup costs for a new business, you will have to take a look at several different categories of expenditure. Technological Costs. Be Realistic about It.

Cost 164

Cost Startup Web Development Finance 164

Startup Professionals Musings

JULY 15, 2019

Very few entrepreneurs have the range of skills and experience to be the solution creator as well as business creator, or operational as well as sales leader. The challenge is to recognize and recruit that ideal partner match early with minimal cost and risk. Operate with a comparable level of integrity.

Cofounder 221

Cofounder Software Review CTO Hire Founder 221

Startup Professionals Musings

JULY 13, 2012

Every time I challenge a business plan with little or no budget for marketing, I get the answer that they will be using “viral” marketing, which costs nothing. At any rate, “buzz-worthy” and “viral” are marketing illusions that cost big money to create. Here are three elements of most viral marketing campaigns: Hire brand evangelists.

Viral 238

Viral Cost Marketing SEM 238

The Startup Magazine

JANUARY 24, 2020

So, you’re preparing to launch a startup of your very own: congratulations! Before you start earning profits and making an impression on the startup market, you’ll want to learn from your colleagues’ common startup mistakes. If you’re committed to making your startup a success, be sure to read this guide first.

Software Review 146

Software Review Startup Technical Review Hiring 146

YoungUpstarts

DECEMBER 29, 2019

The startup industry is littered with stories of founders being taken for a ride by their app developer. You may be interested in their experience building solutions for trusted brands and other startups, or apps with similar functionality to your idea. How much will it cost and when is the earliest you can deliver?

Technical Review 136

Technical Review Developer Hiring Software Review 136

YoungUpstarts

SEPTEMBER 12, 2018

by Kristy Campbell, Chief Operating Officer at Rev1 Ventures. Robust startup economies are popping up in communities all over the country, proving that entrepreneurs can succeed outside of Silicon Valley. Here are some of our top tips for other startups tackling the talent gap: 1. Be honest about your weaknesses.

Hiring 100

Hiring Technical Review Silicon Valley Due Diligence 100

Startup Professionals Musings

DECEMBER 13, 2019

In the interests of helping you work smarter and last longer, I would like to offer my top ten list of key resource drains to avoid in early businesses and startups, based on my years of advising entrepreneurs and my own business experience: Expanding your product line too quickly for scaling. Use multiple small orders at first.

Technical Review 306

Technical Review Metrics Social Media Channel 306

ReadWriteStart

DECEMBER 16, 2020

Here is how remote startups are changing the game for everyone. In fact, according to Founders Forum’s survey of 400+ startup owners, 94% of the respondents were already working from home before the pandemic. To help them make the transition, a new breed of “remote startups” has emerged. Image Credit: pixaby.

Technical Review 200

Technical Review Startup Belgium Software Review 200

The Next Web

DECEMBER 2, 2013

Here are their breakdowns of the costs and time investments to create 10 of the world’s hottest startups. This means — assuming you already have a laptop — the cost is almost nothing to build the next Twitter. Suddenly, those multi-million dollar financing rounds that startups raise don’t seem so outrageous! 1) Twitter.

Cost 168

Cost San Francisco New York City Ruby 168

Startup Professionals Musings

SEPTEMBER 29, 2018

Cash flow is a basic survival metric for every startup. Yet it always amazes me that I can find two different startups, seemingly working on the same problem, with one having a burn rate several times higher than the other. Things will cost more than you expect. They understand startup realities. You will make mistakes.

Burn Rate 223

Burn Rate Hockey Stick Startup Salary 223

The Startup Magazine

MARCH 28, 2021

Whether managing a financial investment company, running a manufacturing facility, or operating a pharmaceutical firm, the core health of your organization’s network is of pivotal importance in maintaining business operations. Identify a Provider Supporting Multiple Product Lines. Conclusion.

Networking 133

Networking Hiring Technical Review Acquisition 133

Up and Running

DECEMBER 25, 2021

While getting funded is one of the most exciting things for a startup, it still does take away some focus. However, if you are on a deadline (like most startups), you can’t afford to let that happen. Startups in their infancy often face a problem when it comes to hiring. Questions to ask before hiring.

Hiring 84

Hiring Developer Social Media Mobile 84

The Startup Magazine

MARCH 8, 2024

By strategically leveraging debt, businesses can access the capital needed to invest in new opportunities, expand operations, and increase profitability. You may need funding for new equipment, hiring additional staff, expanding facilities, or investing in marketing and advertising campaigns.

Finance 129

Finance Technical Review Metrics .Net 129

Startup Professionals Musings

AUGUST 19, 2020

Cash flow is a basic survival metric for every startup. Yet it always amazes me that I can find two different startups, seemingly working on the same problem, with one having a burn rate several times higher than the other. Things will cost more than you expect. They understand startup realities. You will make mistakes.

Burn Rate 310

Burn Rate Hockey Stick Salary Angel Investor 310

Startup Professionals Musings

OCTOBER 30, 2020

Most of you prefer to ignore the feedback from analysts that your chances of creating the next unicorn startup may be as low as one in five million. This reduces the cost of customer acquisition, allows easy upgrades for service and new features, and improves customer loyalty in the face of new competitors in the market.

Merger 386

Merger Acquisition Software Review Social Media 386

Mucker Lab

OCTOBER 10, 2023

SDR Strategy & Model Checklist In the intricate world of sales development, finding the balance between art and science is crucial for a startup's success. If there are inbound leads, the situation is different; hiring an AE might be suitable if these leads align with the ideal customer profile.

Early Stage 78

Early Stage Sales Developer Development Team Review 78

Both Sides of the Table

DECEMBER 27, 2011

I find it amusing when a journalist writes an article about a prominent startup (either privately held or preparing for an IPO) and decries that, “They’re not even profitable!” So your Q1 results will be $180,000 less profitable than if you hadn’t hired them. Cost of Goods Sold (COGS) =. Operating Costs.

Startup 418

Startup Revenue Technical Review Flash 418

ReadWriteStart

JANUARY 26, 2021

Launching a startup is ridiculously exciting. That’s because more than half of all startups fail within the first five years of operation. Understanding the reasons why startups fail can help you avoid such a fate. So what are the driving factors that lead to startup failure? Lack of Market Need.

Startup 180

Startup Angel Investor Business Model Demand 180

The Startup Magazine

APRIL 12, 2021

There are several profitable tech startup ideas for entrepreneurs in 2021. As an entrepreneur with a tech background, you need to know which startups are projected to be the most profitable this year. Read on to discover the most profitable tech startup ideas for entrepreneurs in 2021. Startup Ideas. Web Design Company.

Technical Review 115

Technical Review Software Review Application Development Entrepreneur 115

Both Sides of the Table

MAY 2, 2015

It’s such a tricky balance between being cost-focused & scrappy versus being impractical with how you spend your time. For a well-funded seed company I have controversially recommended hiring a great office manager that doubles as an administrative assistant. Great startups have budgets. And so must you.

Operations 150

Operations Metrics Early Stage Non-Compete 150

ReadWriteStart

NOVEMBER 20, 2023

Review Your Software Subscriptions “Reviewing your software subscriptions can be a quick way to reduce costs. ” — Phil Norton, Founder of Leave Dates In today’s digital age, software subscriptions have become integral to business operations. Look for discounts and group rates to reduce costs.

Software Review 138

Software Review Technical Review Retention Cost 138