Remove Hiring Remove Management Remove Operations Remove Product Development
article thumbnail

5 Keys To A Viable Spending Rate And Cash Management

Startup Professionals Musings

Don’t wait until you are almost out of cash before managing every dollar spent or looking for the next refueling from investors. As a mentor to many entrepreneurs and startups, here are my best recommendations for keeping the burn rate low, planning ahead and maintaining credibility with investors: Manage cash flow personally every day.

Burn Rate 258
article thumbnail

Using Generative AI to Drive Corporate Impact

TechEmpower

Generative AI is revolutionizing how corporations operate by enhancing efficiency and innovation across various functions. At TechEmpower , we are using LLMs, RAG, fine tuning and other Generative AI techniques to revolutionize a key part of day-to-day operations in healthcare.

Insiders

Sign Up for our Newsletter

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

article thumbnail

5 Ways To Conserve Investor Cash And Ensure Survival

Startup Professionals Musings

Don’t wait until you are almost out of cash before managing every dollar spent, or looking for the next refueling from investors. As a mentor to many entrepreneurs and startups, here are my best recommendations for keeping the burn rate low, planning ahead and maintaining credibility with investors: Manage cash flow personally every day.

Burn Rate 310
article thumbnail

Tech Industry Hiring In Canada Continues To Grow

YoungUpstarts

This has shown that the state of hiring within the Canadian tech industry in current cities and emerging cities are growing. Hiring for tech jobs in Vancouver is all done online. These are software engineers, business analysts, project managers, graphic designers, and web developers. The British Columbia Tech Industry.

Canada 116
article thumbnail

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. This includes the design, development, launch, and enhancement of the SaaS application. .

Cost 158
article thumbnail

Startup Mantra: Hire Fast, Fire Fast

Both Sides of the Table

And so things operate on a CYA basis. The management team has to have a bias toward making decisions. There is an old management adage that says, “Hire slowly, fire fast.” Hire Slowly? Only Hire A+ People. Hiring at a Startup. Good enough isn’t. That doesn’t work in a startup. Attitude over Aptitude.

Hiring 335
article thumbnail

3 Tech Solutions That Make An Entrepreneur’s Day More Manageable

YoungUpstarts

From product development to market research, many startups are one-person operations in their early days. If you’re a first-time entrepreneur, I’m willing to bet you work longer hours than necessary trying to manage easily outsourced tasks. You’ll find your to-do list growing shorter and more manageable.