article thumbnail

10 Strategies To Cover New Product Development Costs

Startup Professionals Musings

My first advice for new entrepreneurs is to pick a domain that doesn’t have the sky-high up-front development costs, like online web sites and smart phone apps. That includes estimating the money required to get to the revenue stage, and saving money to cover costs before you jump off the cliff. Join a startup incubator.

article thumbnail

10 Keys To Surviving Startup Cash Flow Requirements

Startup Professionals Musings

My first advice for new entrepreneurs is to pick a domain, such as online web sites and smart phone apps, that doesn’t have the sky-high up-front development costs. That includes estimating the money required to get to the revenue stage, and saving money to cover costs before you jump off the cliff. Join a startup incubator.

Insiders

Sign Up for our Newsletter

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

article thumbnail

10 Tips For A New Venture To Survive The Early Years

Startup Professionals Musings

My first advice for new entrepreneurs is to pick a domain that doesn’t have the sky-high up-front development costs, like online web sites and smart phone apps. That includes estimating the money required to get to the revenue stage, and saving money to cover costs before you jump off the cliff. Join a startup incubator.

article thumbnail

Innovation at Argonne National Laboratory Incubator

The Startup Magazine

CRI is different from other incubators because it allows innovators/entrepreneurs to immerse inside a national laboratory, working alongside world-renowned scientists and engineers with whom they can share their ideas. The post Innovation at Argonne National Laboratory Incubator appeared first on The Startup Magazine.

article thumbnail

8 New Business Keys To Success For Real Entrepreneurs

Startup Professionals Musings

But for founders who do their homework, the cost of entry is lower and the opportunity is higher than ever. 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. The cost of social media done well is low.

article thumbnail

10 Financing Alternatives For Your Next New Venture

Startup Professionals Musings

My first advice for new entrepreneurs is to pick a domain, such as online web sites and smart phone apps, that doesn’t have the sky-high up-front development costs. That includes estimating the money required to get to the revenue stage, and saving money to cover costs before you jump off the cliff. Join a startup incubator.

Finance 320
article thumbnail

Build Predictable Startup Models by Forming an Agency

ReadWriteStart

Startup studios continue to grow in popularity as incubators for new businesses. Forming a digital agency that performs work for clients in addition to incubating startups provides a host of advantages compared to a singularly-focused startup studio. These can then be repeated and improved on with each successive startup.

Incubator 188