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10 Remote Staffing Blunders That Will Cost You Dearly

Startup Professionals Musings

These approaches allow your startup to grow more rapidly, save costs, but costly mistakes can lead to business failure. Labor rates are lower in some countries, but culture and language match are the real keys to productivity. Let’s cut costs by outsourcing all from this point forward.”

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10 Strategies To Cover New Product Development Costs

Startup Professionals Musings

The “valley of death” is a common term in the startup world, referring to the difficulty of covering the negative cash flow in the early stages of a startup, before their new product or service is bringing in revenue from real customers. Nevertheless, it’s an option that doesn’t cost you equity. Join a startup incubator.

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How to Optimize SaaS Development Costs

Up and Running

In the last decade, SaaS (Software as a Service) has become a very popular model for new software product development. The largest cost component of establishing a SaaS company is product development costs. How to optimize SaaS startup development costs. Follow lean product development strategy (MVP strategy).

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Is the Lean Startup Dead?

Steve Blank

Reading the NY Times article “ Jeffrey Katzenberg Raises $1 Billion for Short-Form Video Venture, ” I realized it was time for a new startup heuristic: the amount of customer discovery and product-market fit you need to find is inversely proportional to the amount and availability of risk capital. It’s the antithesis of the Lean Startup.

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How to Make Your Lean Startup Work With Almost No Money

ReadWriteStart

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. One of the best ways to reduce your operating expenses is to reduce or eliminate office costs. But experience also comes with a cost.

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Effective Cost-Saving Rules for Manufacturers

The Startup Magazine

With all that in mind, we can see how important it is to reduce costs to stay afloat. Here are a few cost-saving rules all manufacturers need to follow today: Adopt lean manufacturing. Lean Startup Feedback Loop from lean.st. This might sound too good to be true, but there is significant proof that it works. Focus on ROI.

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Beyond the Lemonade Stand: How to Teach High School Students Lean Startups

Steve Blank

While the Lean LaunchPad class has been adopted by Universities and the National Science Foundation, the question we get is, “Can students in K-12 handle an experiential entrepreneurship class?” For their first startup, we chose a 3-year old funded company that was working to refine its customer segment and channel for its physical product.

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