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5 Reasons To Enlist Outside Advisors For Your Startup

Startup Professionals Musings

Even if a board member won’t work for equity, and demands a monthly stipend, the value of their contacts can easily make the difference between a successful rollout, versus an expensive pivot. At the very least, these board members extend your bandwidth to provide a presence at more industry events and networking conferences.

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6 Myths On Starting A New Business That Can Kill You

Startup Professionals Musings

Starting a new business is fraught with challenges, and none of us has the bandwidth to kill them all. Very few entrepreneurs have the skills and bandwidth to adequately cover all the business bases of product, marketing, and finance. Thus finding a complementary partner or two will dramatically increase your chances of success.

Bandwidth 246
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Why Lawyers Don’t Run Startups

Steve Blank

This happens in every company when a contract is passed around for review and everyone feels they have to mark it up with extraneous demands to feel like they had their say. Finally, there was a class of what I call “business development contract terms.” So we had to decide what deal points we could live with that wouldn’t kill our company.

CTO Hire 303
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The End Of “Build It Yourself” Software

YoungUpstarts

They met high demand for affordable homes with a single, replicable solution. Most companies don’t have the cash or bandwidth to support long development cycles and hire boatloads of developers. The Levitts decided to build another 4,000 homes, which they were building at a rate of 30 houses per day by July of 1948.

Software 248
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How to Convince Investors You’re the Future not the Past

Steve Blank

Here’s what I suggested they do: Mei and Bill are building a better version of an on-demand help service like TaskRabbit. Even more interesting, their product might have a much higher initial order size and much greater lifetime value than existing on-demand help services. And “better” didn’t do it justice. So what was the problem?

Bandwidth 302
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Remote First: Why Isn’t Every Company Boundaryless

ReadWriteStart

Bandwidth sufficient for efficient communication was unavailable or prohibitively expensive. Global internet bandwidth has exponentially increased while costs have become radically lower. Or, are they naive to the demands within the spec? But when you’re using a distributed team, the communication bandwidth is narrower.

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Hiring in Non-English-Speaking Countries

The Startup Magazine

This puts a lot of burden on the in-house recruiters’ bandwidths. The recruiting agencies ensure the prescreening and that eases the bandwidth pressure. A job description can make some good candidates ignore your job post if it is too demanding.

Hiring 152