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I talk to roughly 2 or 3 new startups every week who need advice from an experienced CTO. Of course, I provide part-time CTO services. But the reality is that I engage with about 5 new startups each year which means that I end up working with less than 5% of the startups where I provide these free consulting sessions.
I talk to roughly 2 or 3 new startups every week who need advice from an experienced CTO. Of course, I provide part-time CTO services. But the reality is that I engage with about 5 new startups each year which means that I end up working with less than 5% of the startups where I provide these free consulting sessions.
I’ve been having discussions with several people recently about the role of the CTO (ChiefTechnologyOfficer) in very early stage companies. In December 2007, I described how I commonly take on an Acting CTO Role in a Start-up. That’s why Roger Smith puts the focus of the CTO on programming for the earliest stage.
Equity-Only CTO and Equity-Only Developers Technology Roles in Startups Want to Know the Difference Between a CTO and a VP Engineering? Structure development contracts appropriately or directing the in-house team appropriately. Third party products are used appropriately. Plan for past the initial MVP.
So, here goes: Dr. Tony Karrer Over the past 15 years, Tony has been a part-time CTO for more than 30 startups. Most notably, he was the original CTO for eHarmony for its first four years making him partly responsible for more than 4% of the marriages every year. What does it cost to acquire a new customer? Tony has a Ph.D.
Lessons Learned by Eric Ries Tuesday, September 30, 2008 What does a startup CTO actually do? What does your ChiefTechnologyOfficer do all day? So what does CTO mean, besides just "technical founder who really cant manage anyone?" So I initially gravitated to the CTO title, and not VP of Engineering.
The challenge is to recognize and recruit that ideal partner match early with minimal cost and risk. The reason is that good attributes apply equally well to “external” partners, as they do to internal partners, like a co-founder or CTO. In fact, I would broaden the definition of partner from co-founder to “business partner.”
In testing, AI can simulate a multitude of scenarios, predicting performance outcomes and potential failures before they occur, which reduces the risk and cost associated with physical prototyping. It can also optimize logistics through route and delivery scheduling, leading to reduced operational costs and improved delivery times.
After some heroics from our CTO in extracting data from SAP, the Visio CFO loved our product, thought we could save them a ton of time and money and wanted it installed ASAP. Then Visio gave us their boilerplate contract. Finally, there was a class of what I call “business development contract terms.” We called the Visio CFO.
Here are some of the issues that were mentioned: I just want the cost, timeline and impact. Estimating Cost – it takes a lot of work to do a reasonable estimate of cost. Re-estimating – if estimating is something they don’t like, then having to re-estimate costs based on a constantly changing target is brutal.
I've done four Free CTOConsulting Sessions in the past month with startup founders who all had run into variations of the same problem. They didn't feel they had visibility into timelines and costs for development of their software. My belief is that you shouldn't sign that contract. They couldn't plan their business.
You’re sales person is getting blocked by the CTO who says she shouldn’t go above him but the CTO isn’t approving the deal. This person was educated at the best US schools and had worked for a top-tier strategy consulting firm – one of the big 3. Should she take a chance and potentially ruffle feathers?
Being relatively a new service trend in today’s tech-driven world, CTO-as-a-Service (CaaS) is notably gaining its momentum. Though CTO as a traditional full-time position exists for decades, some companies do not feel they need a technology executive. Ideal scenario assumes there’s a CTO in house. By referring to ?TO-as-a-Service
Almost every day I'm talking to early stage startup founders (see Free Startup CTOConsulting Sessions ) about what they plan to do. How will we address these without significant cost? I tend to ask a lot of questions, challenge aspects, make suggestions. But I've often been very surprised by one aspect of these conversations.
Almost every day I'm talking to early stage startup founders (see Free Startup CTOConsulting Sessions ) about what they plan to do. How will we address these without significant cost? I tend to ask a lot of questions, challenge aspects, make suggestions. But I've often been very surprised by one aspect of these conversations.
The reason is that good attributes apply equally well to “external” partners, as they do to internal partners, like a co-founder or CTO. Then, as I suggested before, it’s time to establish a formal agreement or contract to cement the partnership. Is your project seen by both as an end in itself, or a means to another end?
I’ve worked with 30+ early-stage companies in all sorts of capacities (and spoken to many, many more), so I thought it might be worthwhile trying to classify the various ways that I’ve engaged in different technology roles in startups. Actually, David’s taking even broader roles than I generally do as he’s CEO for at least one startup.
The reason is that good attributes apply equally well to “external” partners, as they do to internal partners, like a co-founder or CTO. Then, as I suggested before, it’s time to establish a formal agreement or contract to cement the partnership. The relationship has to have trust, communication, and respect in order to work.
That often involves working long hours and keeping your costs lean. Chief financial officer (CFO): As the name implies, the CFO is responsible for major financial tasks. Chieftechnologyofficer (CTO): This executive ensures technology initiatives are running smoothly and supporting overall business goals.
The reason is that good attributes apply equally well to “external” partners, as they do to internal partners, like a co-founder or CTO. Then, as I suggested before, it’s time to establish a formal agreement or contract to cement the partnership. The relationship has to have trust, communication, and respect in order to work.
What fractional CMOs can do for small businesses written by Editor read more at Duct Tape Marketing. One of the greatest ways to do so is hiring a CMO or Chief Marketing Officer, an experienced, result-driven executive responsible for all your marketing efforts. A fractional CMO is basically a part-time version of this position.
by Adam Root, founder and CTO of Hiplogiq. Once you have data that confirms the market is ready for your product, ask prospective customers to pay you on a consulting basis to execute the same strategy your product will do programmatically. A DUI lawyer? A jack-of-all-trades, I’ll-make-your-copies-too lawyer? Didn’t think so.
The reason is that good attributes apply equally well to “external” partners, as they do to internal partners, like a co-founder or CTO. Then, as I suggested before, it’s time to establish a formal agreement or contract to cement the partnership. The relationship has to have trust, communication, and respect in order to work.
The challenge is to recognize and recruit that ideal partner match early with minimal cost and risk. The reason is that good attributes apply equally well to “external” partners, as they do to internal partners, like a co-founder or CTO. In fact, I would broaden the definition of partner from co-founder to “business partner.”
Common revenue streams are consulting, training, support, customization, upgraded versions for corporate applications, etc. He has twenty years’ experience as a CTO. He has been the CTO for several start-ups, most notably eHarmony. ► February (2) CTO Founders / Cofounders Part-Time Startup CTO?
As a CTO, I can definitely say without a doubt that few people understand what a CTO does. When I tell someone I’m a CTO, I’m often met with a blank stare. Even when someone is aware of what a CTO does, they often have limited context due to the wide variety of CTO roles.
Email us or call +44 (0) 844 3579899 home about services blog labs ChiefTechnologyOfficer job description (for web, start-up or corporate) « Upgraded your iPhone to OS 3 but files are missing? Some companies look for a more strategic or a more hands-on CTO. Firstly, theres no one-size-fits-all description.
Hiring the wrong person for key company positions can cost a business thousands — or tens of thousands — of dollars and man hours. This is especially true when it comes to tech companies hiring the wrong chieftechnologyofficer. Nothing can be more damaging than a misleading or careless CTO.
A CEO who has “been there and done that” is traction, especially if teamed with a financial lead (CFO) and a product lead (CTO). These are things that can cost very little money, but go a long ways in convincing someone that you are making progress. Of course, a real contract or purchase order from a big customer is even better.
Have a CTO Advisor Provide Their Guidance & Due Diligence Suggestions on a Large Upcoming Technology Expenditure. There is no better return on investment that you can make – you can pay them on a quarterly or annual fee for a mere fraction of what their normal salary would be.
A CEO who has “been there and done that” is traction, especially if teamed with a financial lead (CFO) and a product lead (CTO). These are things that can cost very little money, but go a long ways in convincing someone that you are making progress. Of course, a real contract or purchase order from a big customer is even better.
Ask a few CTO type people. Or ask me Free Startup CTOConsulting Sessions. If you buy them food (pizza, donuts, coffee) or free stuff (tech gadget, big monitor, t-shirt), they will love you for it far beyond the cost of the actual item. It needs to be funded to be successful. What do you do if you don't know the size?
A CEO who has “been there and done that” is traction, especially if teamed with a financial lead (CFO) and a product lead (CTO). These are things that can cost very little money, but go a long ways in convincing someone that you are making progress. Of course, a real contract or purchase order from a big customer is even better.
Web Startup Lessons Advice from a CTO and Entrepreneur Home About Startup Advice: When to Use a ConsultingCTO There are not many to be found. Most likely, this is a person who is a serial entrepreneur and was the chieftechnologyofficer for two or more web startups. .&#
My rough notes follow: Mike Dubno , CIO, Global Markets and Research Technology & Operations, Bank of America. Previously CTO, Goldman Sachs. Panel: Cary Davis , Managing Director, Warburg Pincus, Moderator: Ben Fried, Chief Information Officer, Google, runs in-house technology. Introductory remarks.
The reason is that good attributes apply equally well to “external” partners, as they do to internal partners, like a co-founder or CTO. Then, as I suggested before, it’s time to establish a formal agreement or contract to cement the partnership. Is your project seen by both as an end in itself, or a means to another end?
You need a team who’s well-versed in technology and capable of translating that know-how into pragmatic options. If you bring in a consultant who spends all their time doing technical reviews and hasn’t built a system since the dot-com boom, you’re probably wasting your time. cto , infotech , innovation , product , project , saas
They often make great team members such as head of products, CTO, head of sales, CFO, etc. He was from South America but living in Switzerland and had launched a startup while holding down a day job at a consulting firm (McKinsey if memory serves). I’ll pay my own moving costs and if we don’t raise the fund you owe me nothing.”.
A CEO who has “been there and done that” is traction, especially if teamed with a financial lead (CIO) and a product lead (CTO). These are things that can cost very little money, but go a long ways in convincing someone that you are making progress. Of course, a real contract or purchase order from a big customer is even better.
If you can harness the knowledge, natural enthusiasm, and peer influence of your very best customers — I call them “Rock Star” customers — they’ll market, sell, and help develop breakthrough products for your firm better than your internal resources can do, and often at a fraction of the cost. But it does require some new thinking.
Ask a few CTO type people. Or ask me Free Startup CTOConsulting Sessions. If you buy them food (pizza, donuts, coffee) or free stuff (tech gadget, big monitor, t-shirt), they will love you for it far beyond the cost of the actual item. It needs to be funded to be successful. What do you do if you don't know the size?
Kenneth Wenger – Unveiling the Future of AI Kenneth Wenger is an author, a research scholar at Toronto Metropolitan University, and CTO of Squint AI Inc. His research interests lie at the intersection of humans and machines, ensuring that we build a future based on the responsible use of technology.
In order to be a successful tech startup, the team must consist of a Chief Technical Officer (CTO) level member to help with the technology plan. This is generally achieved in one of the following ways: CTO Level Co-Founder (Equity). CTO Level Board Member or dedicated Adviser (Free or Equity). Wireframes.
The challenge is to recognize and recruit that ideal partner match early with minimal cost and risk. The reason is that good attributes apply equally well to “external” partners, as they do to internal partners, like a co-founder or CTO. In fact, I would broaden the definition of partner from co-founder to “business partner.”
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