Remove Cost Remove Internet Remove Networking
article thumbnail

5 Startup Cost Realities Most Founders Underestimate

Startup Professionals Musings

Image via Flickr by Phil Gyford Starting a new venture still costs real money, even though the entry price has come down dramatically in last few decades. 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.

Cost 264
article thumbnail

Should Startups Focus on Profitability or Not?

Both Sides of the Table

If you hire 6 sales reps in January at $120,000 / year salary then you’ve taken on an extra $60,000 per month in costs yet these sales people might not close new business for 4-6 months. Internet scale. Cost of Goods Sold (COGS) =. Operating Costs. “COGS” represents the amount that each sale costs you.

Startup 418
Insiders

Sign Up for our Newsletter

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

Trending Sources

article thumbnail

Customer Trust Is An Opportunity With A Huge Payback

Startup Professionals Musings

I continue to believe that most of the data gathering in the real world, and on the Internet, is done by businesses to help you find what you want, protect you, and improve your experience, rather than invade your privacy or scam you. Make your company visible, reachable and responsive through social networks.

article thumbnail

10 Keys To A Credible and Trusted Internet Web Domain

Startup Professionals Musings

What validates credibility and makes your site memorable in the minds of consumers, and how much does it cost? Publish a regular blog, contribute to relevant social networks, and highlight several videos, podcasts, or eBooks of you and your technology. These are all minimal-cost survival marketing efforts.

Internet 294
article thumbnail

Why Online Video Just Took One More Big Step to Legitimacy

Both Sides of the Table

Anyone who reads this blog frequently will know that I am a big believer in low-cost video content and specifically the power of YouTube as a content creation & distribution platform. The industry finally has one of their own at the helm of the largest YouTube network. The future of the Internet is video.

Video 320
article thumbnail

How Online Video Companies Can Increase Margin and Build Better Businesses

Both Sides of the Table

In my last post I pointed out that many of the media commentators who have criticized the YouTube video network companies as not having strong businesses were mistaken. And if you accept that premise then you have to accept that the future of the Internet will be dominated by video. Much of it already is. Not so fast.

Video 339
article thumbnail

Future of TV: The Quick Version

Both Sides of the Table

I’m still planning to write some in depth pieces on the topic but I thought, “given that this is about how video will consume the Internet over the next 5 years, what better way to exemplify this than with a 10-minute video.” Yes, it’s lower quality than network, primetime television. And lots of it.