Remove Development Team Review Remove Entrepreneur Remove Hiring Remove Software Development
article thumbnail

Startup Runway Length Depends on Your Burn Rate

Startup Professionals Musings

As a rule, you need to review your burn rate every month, and manage it every day. Another one to avoid cash burn for software development is a contract for percent of future revenue. This will equate to 2 working founders (taking no salary), hiring a 5-person development team for a year. Great strategy.

Burn Rate 232
article thumbnail

High Burn Rates Result in Short Startup Runways

Startup Professionals Musings

As a rule, you need to review your burn rate every month, and manage it every day. Another one to avoid cash burn for software development is a contract for percent of future revenue. This will equate to 2 working founders (taking no salary), hiring a 5-person development team for a year. Great strategy.

Burn Rate 231
Insiders

Sign Up for our Newsletter

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

article thumbnail

Don’t Get Burned By Your Startup Burn Rate

Startup Professionals Musings

As a rule, you need to review your burn rate every month, and manage it every day. Another one to avoid cash burn for software development is a contract for percent of future revenue. This will equate to 2 working founders (taking no salary), hiring a 5-person development team for a year. Great strategy.

Burn Rate 120
article thumbnail

How to hire a programmer to make your ideas happen

sivers.org

Derek Sivers about me blog books email list contact How to hire a programmer to make your ideas happen 2010-06-19 Do you have an idea for a website, online business, or application, but need a programmer to turn that idea into reality? Say, “We are hiring a developer to create only the beginning of an application.

article thumbnail

Startup Advice: When to Use a Consulting CTO

rapidrollout.wordpress.com

Web Startup Lessons Advice from a CTO and Entrepreneur Home About Startup Advice: When to Use a Consulting CTO There are not many to be found. He or she might call himself a “consulting CTO,&# “freelance CTO,&# “on-demand CTO,&# “CTO on call,&# “CTO for hire,&# or just a “technology strategy advisor.&#

article thumbnail

Is This Ex-Googler’s Pre-Product Approach the Fast Track to Product-Market Fit?

View from Seed

In the mid-90s, brilliant innovator and entrepreneur Jeff Hawkins had an idea for the personal digital assistant (PDA) that would eventually become the Palm Pilot. ” So I left Google to do another startup, Agitar Software. And the word pretotype was born. Example 2: The Palm Pilot Pretotype. Another success. What happened?

Product 120
article thumbnail

Spolsky on Software on Both Sides of The Table

Both Sides of the Table

It took Joel awhile to realize that “If you’re hiring very bright people, let them do their damn job&#. Do you see product managers as a hindrance to software development? Companies historically have structured their development teams in different ways. 15 minutes. How did MSFT lose the API war?