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

What are the Key Factors Influencing the Cost of Order Fulfillment for Amazon Sellers? Explained

The Startup Magazine

Understanding the cost of order fulfillment is important for any Amazon seller aiming to maximize profits. Several key factors influence these costs, with product type, size, and weight being the primary determinants. By focusing on these factors, you can better control your fulfillment costs and boost your business growth.

Cost 167
Insiders

Sign Up for our Newsletter

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

article thumbnail

Artificial Intelligence and Machine Learning– Explained

Steve Blank

Neural networks make up the backbone of deep learning. The “deep” in deep learning refers to the depth of layers in a neural network.) The difference between the network’s guess and the ground truth is its error. This reduces network bandwidth issues and eliminates latency issues. Examples here , here and here.

article thumbnail

Top Financial Resources for Small Businesses in Northwest Phoenix

The Startup Magazine

Northwest Phoenix is home to several networking groups, including local Chambers of Commerce. They give you access to a professional environment, networking opportunities, and sometimes even funding leads. If your budgets tight, look into free or low-cost tax assistance programs. Think of them as your businesss secret weapon.

Phoenix 148
article thumbnail

7 Key Startup Activities Where Follow-Up Is Critical

Startup Professionals Musings

Here are a few: Business networking. For entrepreneurs, effective networking is required to find investors, partners, and customers. It doesn’t work if you don’t follow up on networking opportunities, networking referrals, and ongoing networking relationships. Investor negotiations. Customer retention.

article thumbnail

Framework Benchmarks

TechEmpower

Application performance can be directly mapped to hosting dollars, and for a start-up company in its infancy, hosting costs can be a pain point. For database access tests, we considered dropping Cake to constrain our EC2 costs. How many requests can be handled per second if each request is fetching a random record from a data store?

Framework 560
article thumbnail

6 Keys to Attracting Customers Based On Social Needs

Startup Professionals Musings

For example, my dictate that entrepreneurs need to find a “ painful ” problem to solve (such as high cost, low productivity) to attract customers, doesn’t really account for many successful startup businesses today, including top social media platforms, dating sites, and new fashions. All of these tend to override cost and usability.

Customer 432