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Non-Technical Entrepreneurs Need the Right Partner

Startup Professionals Musings

I often hear the qualms of business-smart but non-technical entrepreneurs, wondering if they really have a chance in this high-technology marketplace. I tell them that if their idea or solution is technology intensive, they clearly need technology strength on the team. Outsource your technical requirements.

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6 Startup Lessons Learned By Passionate Entrepreneurs

Startup Professionals Musings

In my own experience with technical startup founders, I still find it hard to name one who was also good, or even interested in financials or business operations. A mistake often made by new business owners due to the unfamiliar new workload is to ignore and lose existing relationships with outside advisors as well as team members.

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Dual Founders Manage Technology Startups Better

Startup Professionals Musings

I often hear the qualms of business-smart but non-technical entrepreneurs, wondering if they really have a chance in this high-technology marketplace. I tell them that if their idea or solution is technology intensive, they clearly need technology strength on the team. Outsource your technical requirements.

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The Smartest Entrepreneurs Bootstrap Their Startup

Startup Professionals Musings

There is so much written these days about how to attract investors that most entrepreneurs “assume” they need funding, and don’t even consider a plan for “bootstrapping,” or self-financing their startup. Of course, every company needs these, in due time. bootstrap business entrepreneur startup' You need a prototype.

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7 Keys To Making A Business Out Of Your Great Product

Startup Professionals Musings

Most technical entrepreneurs focus hard on building an innovative product, but forget that an elegant solution doesn’t automatically translate into a successful business. Defining the right business model requires the same diligence as designing the right product, but the approach and skills required are different.

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10 Keys To Surviving Startup Cash Flow Requirements

Startup Professionals Musings

Self-funding or bootstrapping is still the most common and safest approach for startups Keep your day job until real revenue flows. After bootstrapping, friends and family are the most common funding sources for early-stage startups. Bartering technically means exchanging goods or services as a substitute for money.

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Equity-Only CTO and Equity-Only Developers

SoCal CTO

And do I fit as a Part-Time CTO , Technology Advisor , CTO Founder , Acting CTO ? Consider what Ryan Waggoner tells us How to Find a Technical Cofounder : When I was doing freelance development, I had about one pitch per week for an equity-only opportunity. Go to tech (or other relevant industry) events. Go to user groups.