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5 Startup Cost Realities Most Founders Underestimate

Startup Professionals Musings

For example, I come from a software background, and back in the early PC days, it could easily cost half a million dollars for a team of professionals to produce a commercial product. Now, with powerful high-level tools and open source software, winning smartphone apps can be built by a good hacker for a few thousand dollars.

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6 Due Diligence Concerns Before Outside Contracting

Startup Professionals Musings

If you have a software development background like mine, I’m sure you often get questions about when to outsource, versus building the solution in-house. If your software or your manufacturing process is your “secret sauce,” you need to keep the work in-house. The same applies to manufacturing and almost any process these days.

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The 7 Traits of Super Founders

VC Cafe

” – Marc Andreessen In the book “ Super Founders “, author Ali Tamaseb, studied 200 Unicorns, aka startups valued at over $1 billion, started between 2005 to 2018. The 7 Traits of “Super Founders” 1. They are able to articulate this vision in a way that inspires others and generates excitement.

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10 Ways Your Startup Co-Founder Is Like A Good Spouse

Startup Professionals Musings

In fact, I would broaden the definition of partner from co-founder to “business partner.” The reason is that good attributes apply equally well to “external” partners, as they do to internal partners, like a co-founder or CTO. The challenge is to recognize and recruit that ideal partner match early with minimal cost and risk.

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Technical Advisors: Every Startup Needs One

TechEmpower

Startup founders make decisions on a daily basis – significant decisions that will have lasting impact on their business. CTO Founder – Do they really still need a technical advisor? No good innovator turns down advice! Why do this without the right technical advisor? Would you create contracts without an attorney?

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How To Find the Right Co-Founders?

Steve Blank

How do you figure out what’s the right mix of skills for the co-founders of your startup? “After reading your post on Why Founders Should Know How to Code it looks like web/mobile startups have it easy. Trying to figure out what the right set of co-founders isn’t so clear. Are We Missing A Founder?

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Shortening The Small Business Software Selection Process

YoungUpstarts

by Tim Handorf, Co-Founder and President of G2 Crowd. Many of these tasks – accounting, billing/invoicing, marketing – can be streamlined and, in many cases, automated with the right software. CRM and e-Signature software), and is not an “apples to apples” comparison.