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 Professionals Musings

SEPTEMBER 13, 2022

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.

Intellectual Property 341

Intellectual Property Technical Review Startup Incubator 341

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

DECEMBER 7, 2017

Two conditions that do matter to your startup’s out-year viability are the cost and length of its product development cycle. Startup founders counting the days until break-even or actively seeking outside capital must focus on streamlining their development cycles. Stay Lean and Low.

Cost 100

Cost Developer Small Business Administration Marketing 100

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

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

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

We interviewed the heads of the top Web and mobile development companies, incubators, agencies and labs to understand what it takes to design and develop the most successful apps of our generation. Here are their breakdowns of the costs and time investments to create 10 of the world’s hottest startups. million to develop.”.

Cost 168

Cost San Francisco New York City Ruby 168

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

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

MARCH 6, 2024

Research and Development Costs: Heavily dependent on novelty and technological advances, the electronic industry has to bear the hefty costs of 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 133

Operations Management Software Review Technical Review 133

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

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

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

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

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

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

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

APRIL 13, 2015

These days, almost every new product is not deemed scalable until it has been certified as meeting a multitude of quality and agency standards, including the Environmental Protection Agency (EPA), Food & Drug Administration (FDA) and Underwriters Lab (UL). Expanding the product line. Specialized VCs start to jump in at this stage.

Product Development 120

Product Development Developer Product Angel Investor 120

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. In recent years, however, frugal innovation has also gained traction in developed countries. Mobile banking in developing countries.

Startup 198

Startup Technical Review Ghana Guerilla 198

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. Why would a company want to introduce a new product?

Product Development 113

Product Development Developer Product Demand 113

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

The Startup Magazine

JANUARY 26, 2022

Complicating the development of a useful product is the stringent safety and compliance approval testing that varies based on country and industry. Businesses have a lot to think about when they have a new product idea and one missed step in the product development lifecycle can significantly impact business success.

Design 133

Design Development Team Review Product Technical Review 133

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

APRIL 26, 2019

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.

Technical Review 233

Technical Review Startup Cost Product Development 233

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

Startup Professionals Musings

APRIL 23, 2017

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.

Customer 191

Customer Entrepreneur Technical Review Dilution 191

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

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. Working hours.

eCommerce 113

eCommerce Software Developers Software Development Hosting 113

The Startup Magazine

DECEMBER 21, 2021

Tasks such as compliance with accounting, tax-related duties, payroll management, and product development rules can gallop the bulk of your time and leave little for ESG sustainability reporting. To simplify your work, you should pick and use an appropriate sustainability reporting software.

Software Review 169

Software Review Software Framework Asia 169

Startup Professionals Musings

DECEMBER 24, 2018

You need skills in finance, operations, and marketing to supplement product development, and more hours of work than one person can manage. Calculate your projected costs, and double the amount. Both the business and your solution will take more time and money to develop than you expect.

Angel Investor 249

Angel Investor Cofounder Finance Operations 249

Startup Professionals Musings

OCTOBER 2, 2023

These days, almost every new product is not deemed scalable until it has been certified as meeting a multitude of quality and agency standards, including the Environmental Protection Agency (EPA), Food & Drug Administration (FDA) and Underwriters Lab (UL). Expanding the product line. Specialized VCs start to jump in at this stage.

Angel Investor 256

Angel Investor Early Stage Incubator Government 256

Startup Professionals Musings

DECEMBER 18, 2013

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.

Entrepreneur 252

Entrepreneur Marketing Technical Review Dilution 252

YoungUpstarts

MARCH 12, 2020

One of the major benefits of using a SOM approach is that product development costs are drastically decreased and technical risk is also reduced. Other advantages of production-ready SOMs include more CPU choices and a smaller footprint.

SCRUM 147

SCRUM Software Review Technical Review Differentiation 147

Startup Professionals Musings

OCTOBER 19, 2013

Make a visible event at the executive level out of the final specification approval, detailing features, costs, and time frames. Make sure everyone knows that changes after this point will have personal consequences, and will delay the product and increase the cost. Define milestones for cost review and sign-off.

Technical Review 275

Technical Review Startup Software Review Database 275

Startup Professionals Musings

JANUARY 12, 2018

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.

Intellectual Property 134

Intellectual Property Technical Review Startup Incubator 134

YoungUpstarts

MARCH 24, 2014

The same rule applies to product and app development. Launching a new product can be costly, but adding features to a successful existing product can be even more costly if the additions take away from your product’s unique focus. Professionalisms Adam Root Hiplogiq product development startup'

Fractional CTO 228

Fractional CTO Product CTO Hire Merger 228