article thumbnail

How to Use Frugal Innovation to Grow Your Startup

ReadWriteStart

Frugal innovation has its roots in the developing world, where resource constraints have always necessitated a more creative approach to problem-solving. In recent years, however, frugal innovation has also gained traction in developed countries. Mobile banking in developing countries. Examples of successful frugal innovations.

Startup 198
article thumbnail

Accelerate Your Business Growth in 2023 With These Investment Strategies

Women Entrepreneurs Can

Investing in the growth and development of your staff through training, continuing education, and professional certifications can help create a motivated and productive workforce, which will lead to improved business operations. Be sure to do your research and select the type of marketing that best suits your business’s needs.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Should You Co-Found Your Company With a Software Development Shop (2 of 2)?

David Teten

Should you co-found your company with a software development shop? I’ve talked with a number of software development shops who are eager to get into the business of cofounding companies, i.e., getting product revenue and equity instead of just consulting revenue. Vlad is also the CEO at DarwinApps , a software development shop.

article thumbnail

6 Growth Challenges That Every Good Startup Will Face

Startup Professionals Musings

Scrappy guerilla marketing based on personal contacts and word-of-mouth campaigns gives way to more expensive customer acquisition using advertising, trade shows, and a marketing agency. As the company grows, functional leaders need to build and manage larger teams, recruit and develop talent, and manage remote offices.

article thumbnail

30 Entrepreneurs Reveal the Pivots They Are Making in Their Business in 2023

Hearpreneur

I believe that if I can have one piece of content go viral every three months, not only will I be able to develop more links but also raise my brand's recognition. We are also investing more in our team by hiring additional staff and providing more training and development opportunities. Thanks to Steve Rose, Money Transfers ! #2-

article thumbnail

Ideas Aren’t Innovation

Gregg Fraley, Author of Jack's Notebook

Guerilla Innovation Chapter Six. Ideas need development and implementation — get that done and you’ve still got to run the business. I’ll touch on them later in Guerilla Innovation (this online book) but, this book is primarily about innovation — that component of a business where value is created.

article thumbnail

An Outsider’s Perspective Can Drive Innovation

Gregg Fraley, Author of Jack's Notebook

Pick the items from this list: new infrastructure, massive investment, unfamiliar marketing approaches, development of new technology, dealing with upset people — sometimes all the above. Innovation within an established industry is never easy. Breakthrough’s require all sorts of things. Yes, this is hard work.

Guerilla 106