Steve Blank

JANUARY 17, 2023

This post previously appeared in the Harvard Business Review. Venture Studios are an “idea factory” with their own employees searching for product/market fit and a repeatable and scalable business model. But these look for founders who have a technical or business model insight and a team. Carlos stirred his coffee.

Technical Cofounder 368

Technical Cofounder Intellectual Property Technical Review Incubator 368

Startup Professionals Musings

JANUARY 15, 2020

In addition to goodwill justified by a great leader and an outstanding team, investors will use their due diligence process to assess the organizational structure and effectiveness as well. They look for the use of talent analytics, such as productivity per employee, as well as the practices and attitude toward employee satisfaction.

Valuation 311

Valuation Technical Review Due Diligence Leadership 311

YoungUpstarts

SEPTEMBER 30, 2020

Working closely with vendors is beneficial for many companies — for example, it’s cheaper to contract with a security vendor than to hire several new staff members, invest in security cameras and other equipment, and assume the costs of maintaining and replacing that equipment and keeping security positions staffed.

Software Review 264

Software Review Technical Review Due Diligence Management 264

YoungUpstarts

SEPTEMBER 14, 2017

Employee training is usually associated with new hires. However, even the most seasoned employees can benefit from training. Many companies are seeing the value of training veteran employees and for good reasons. Online training uses today’s technology to deliver high value instruction to workers fast and effectively.

Employee 216

Employee Software Review Retention Technical Review 216

Steve Blank

OCTOBER 24, 2017

A version of this article is in the Harvard Business Review. Technology cycles have become a treadmill, and for startups to survive they need to be on a continuous innovation cycle. 20th Century Tech Liquidity = Initial Public Offering. Hire a CEO to Go Public. Technology Cycles Measured in Years.

Founder 281

Founder Technical Review CTO Hire IPO 281

View from Seed

JANUARY 27, 2021

Today, we have invested in over 100 high-growth companies, some of which have grown to be household names with thousands of employees making a huge impact in the everyday lives of everyday people. . You are actively engaged in the NYC or Boston tech ecosystem. All applications will be reviewed confidentially. How To Apply .

Operations 227

Operations Hiring Seed Stage Software Review 227

Startup Professionals Musings

FEBRUARY 24, 2020

One of the most stressful and unanticipated challenges that comes with starting a new business is hiring and managing employees. While this approach appears to cost more on the surface, it often actually costs you less, when you consider the hidden costs of rework, poor customer satisfaction, employee management, and training required.

Technical Review 308

Technical Review Due Diligence Startup Employee 308

The Startup Magazine

APRIL 11, 2024

A growing number of companies are hiring remote employees. These challenges can put off some employers, but can generally be easily solved using tech and a bit of creativity. Supplying tools and equipment Your employees will need certain equipment and tools to work. Should you pay for employees’ internet connection?

Hiring 148

Hiring Technical Review Software Review Security 148

ReadWriteStart

MAY 7, 2021

One major reason is that unless you don’t put effort into hiring the right talent, the operational functions suffer. However, it is important to plan your hiring campaigns with a specific purpose when the economy is down amid the pandemic. 10 Important Hiring Tips for Startups in Post COVID Era.

Hiring 159

Hiring Technical Review Software Review Startup 159

YoungUpstarts

JANUARY 26, 2020

With technology growing more rapidly than ever, companies in all industries find themselves primarily focused on staying ahead of the curb. Sure, they may hand out a few training booklets and introduce new hires to the team, but successful onboarding goes much deeper than that. Ensure that the required assets from onboarding (e.g.,

Employee 165

Employee Software Review Technical Review Dividend 165

Both Sides of the Table

DECEMBER 27, 2011

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. So your Q1 results will be $180,000 less profitable than if you hadn’t hired them. Hiring more people isn’t always the right answer.

Startup 418

Startup Revenue Technical Review Flash 418

Startup Professionals Musings

DECEMBER 13, 2019

Unit costs are important, but don’t forget about the cash flow hit, extra storage costs, and the probability of obsolete inventory due to necessary updates or pivots. You may be the main problem, insisting on making every decision, and hiring cheap helpers rather than help. Inadequate focus on hiring and people development.

Technical Review 306

Technical Review Metrics Social Media Channel 306

Both Sides of the Table

NOVEMBER 14, 2017

Nearly every successful tech startup I’ve observed over the past 20 years has gone through a similar growth pattern: Innovate, systematize then scale operations. As a startup in this phase you often raise capital, get press, hire staff and everything feels possible. As an early-stage VC I love this phase.

Operations 286

Operations New York City Technical Review Startup 286

YoungUpstarts

DECEMBER 23, 2019

A great one produces happy, engaged employees who give their best efforts, challenge themselves to grow, and consistently meet goals and delight customers. This creates an unparalleled experience for both employees and customers, making both groups feel special, appreciated, and respected. Encourage employees to interview elsewhere?

Technical Review 204

Technical Review North America Texas Employee 204

Startup Professionals Musings

APRIL 23, 2022

Every startup lucky enough to get some traction gets to the point where they decide to hire some “regular employees” for sales, marketing, and administrative tasks. What they should be doing is hiring only “entrepreneurs,” meaning people who think and act as if this is their own business. Employees will lose focus on their work.”

Startup 337

Startup Technical Review Employee Hiring 337

The Startup Magazine

FEBRUARY 16, 2022

DataRails , the financial analysis and reporting software startup, has announced the hiring of David Rosenberg as the company’s new VP of customer success. Rosenberg comes fresh from managing the growth of Keyrus, a data consulting company, from 35 to 120 employees. billion for businesses in the United States this year.

Hiring 169

Hiring Software Review Customer Israel 169

Startup Professionals Musings

MARCH 29, 2019

Of course, it’s no surprise that most entrepreneurs don’t have a background in hiring teams, and don’t have a budget for training or human resource consultants. He comments that in spite of the digital revolution, the hiring process hasn’t changed from its low priority, last minute, subjective roots.

Hiring 184

Hiring Technical Cofounder Cofounder Retention 184

The Startup Magazine

NOVEMBER 26, 2023

source ] Hiring a professional fire protection service holds the key to not only enhancing property value but also ensuring the safety and security of your investment. Compliance demonstrates due diligence and adherence to safety standards, mitigating risks and liabilities associated with potential fire hazards.

Software Review 147

Software Review Technical Review Hiring Due Diligence 147

Up and Running

OCTOBER 13, 2022

As you find your footing and begin to scale, you might feel ready to hire a formal executive team. What’s right for one company may not make sense for another, but the goal is always the same — to hire talent that will ultimately help the business thrive. When is the right time to hire an executive team?

CTO Hire 163

CTO Hire Fractional CTO CTO Hiring 163

Startup Professionals Musings

JULY 21, 2019

Every startup lucky enough to get some traction gets to the point where they decide to hire some “regular employees” for sales, marketing, and administrative tasks. What they should be doing is hiring only “entrepreneurs,” meaning people who think and act as if this is their own business. Employees will lose focus on their work.”

Employee 222

Employee Technical Review Hiring Lead Generation 222

Both Sides of the Table

SEPTEMBER 22, 2012

Growth will slow, partly due to internal limits and partly because the company is starting to bump up against the limits of the markets it serves.” It might be for technical reasons or it might be for customer adoption reasons. That leverage technology or drive change. But my definition of the word is much broader.

Silicon Valley 390

Silicon Valley Venture Capital Startup Technical Review 390

Startup Professionals Musings

OCTOBER 22, 2021

Many aspiring entrepreneurs are looking to the Internet as an opportunity to get rich quick, instead of a place where you can start a business you love, for very little capital and minimal technical expertise. Hiring virtual assistants for each specific project can be a lot more efficient and cheaper than hiring and managing employees.

Technical Review 312

Technical Review Software Review Internet Revenue 312

Startup Professionals Musings

OCTOBER 16, 2022

They couldn’t possibly understand the new social media culture, new technologies, or have the determination to beat their younger counterparts in the market. In fact, they are well-qualified overall, having worked with high technology and computers for at least 20 years, are highly educated, and highly motivated. Personnel Manager.

Advisory Board 368

Advisory Board Dividend Angel Investor Cofounder 368

The Startup Magazine

FEBRUARY 8, 2022

Heralding a new era of digital transformation, technologies like artificial intelligence (AI) are being infused exponentially into the world around us. Most notably, the ground-breaking development and rapid global distribution of mRNA vaccines highlighted the speed and scale of technological advances to outsmart humanity’s most dire threats.

Artificial Inteligence 166

Artificial Inteligence Technical Review Global Technology 166

TechEmpower

DECEMBER 11, 2023

Are specific technologies or platforms involved in your project? Do they have experience with the technologies involved in your project? While the appearance matters, remember you are hiring the development firm primarily for its development skills, not its graphic design skills. What are the employees and contractors' skills?

Software Developers 295

Software Developers Software Development Software Review Software 295

The Startup Magazine

SEPTEMBER 11, 2024

The current state of the tech industry is a paradox. Photo by Jakub Zerdzicki from Pexels Going beyond hiring security guards, it’s also important for startups to implement the right strategies that prevent attacks through their physical assets. Verify the people you hire As your startup expands, you must hire more people for the team.

Security 167

Security Technical Review Software Review Startup 167

YoungUpstarts

AUGUST 18, 2020

NewVoiceMedia’s 2018 “Serial Switchers” report also reveals that businesses lose around $75 billion due to poor customer support, indicating that weakness in this sector of your business may lead to significant losses. The advancement of information technology has made it affordable even for small businesses to get sophisticated software.

Customer 231

Customer Technical Review Software Review Startup 231

The Startup Magazine

DECEMBER 15, 2021

However, you can learn some tips for hiring the best salesforce consultant for your business in this article. Here are six effective hiring tips for a salesforce consultant you should know. While skilled internal employees can manage the salesforce program, there is none more equipped for the job than a certified salesforce consultant.

Hiring 166

Hiring Software Review Technical Review Software 166

TechEmpower

MARCH 4, 2024

Focusing on generative AI applications in a select few corporate functions can contribute to a significant portion of the technology's overall impact. This technological integration into software engineering not only enhances the productivity of development teams but also ensures that IT infrastructures are robust and reliable.

Generative AI 295

Generative AI CTO Hire Fractional CTO Software Review 295

YoungUpstarts

DECEMBER 29, 2020

With the continuous advances in technology, it’s easier than ever for businesses to get work done remotely. Since so many organizations have spent time working in a remote environment due to Covid-19, we’ve quickly learned what works for this unique situation and which areas need improvement. This greatly narrowed the talent pool.

Technical Review 275

Technical Review Cofounder Leadership Employee 275

Steve Blank

MAY 19, 2015

These shortcuts add up and become what is called technical debt. You fix technical debt by refactoring , going into the existing code and “cleaning it up” by restructuring it. retaining their existing hires who were working for intern-like salaries with little equity. Organizational debt was coming due.

Technical Review 120

Technical Review Salary Early Stage Software Review 120

Startup Professionals Musings

DECEMBER 30, 2022

As a potential investor, I always think of the high rate of failure of disruptive technologies, due to the longer learning curve of customers, infrastructure change consistently required, and higher marketing costs. Before you act, shut up and listen to employees, customers, and futurists.

Technical Review 252

Technical Review Silicon Valley Software Review Metrics 252

Startup Professionals Musings

NOVEMBER 19, 2018

Even if you can learn and do everything, time is a killer in this rapidly evolving world of business and technology. Even your most loyal and dedicated employees need guidance and direction, and will wait for you to delegate and explain. You need to divide and conquer. You can’t afford the delay.

Leadership 241

Leadership Technical Review Due Diligence Founder 241

YoungUpstarts

JUNE 27, 2020

Everything from customer service, technical support, to back office operations are able to be outsourced as a way to reduce costs, keep up with the evolving consumer expectations, and drive a faster return on investment. Put simply, offshore outsourcing means hiring a company to perform a service from a different part of the world.

Dominican Republic 165

Dominican Republic Offshore Costa Rica Jamaica 165

ReadWriteStart

DECEMBER 16, 2020

All of these businesses had to roll back their remote work policies and call employees back on-premises. Although there are many collaboration tools (like Slack and Trello) available, they do have a learning curve that can be hard for non-technical folks. Unhealthy Employee Morale. Technical Challenges.

Technical Review 200

Technical Review Startup Belgium Software Review 200

Steve Blank

APRIL 10, 2019

A version of this article first appeared in the Harvard Business Review. VC’s have just changed the ~50-year old social contract with startup employees. For most startup employee’s startup stock options are now a bad deal. This “we’re all in it together” kept founders and employees aligned on incentives. Here’s why.

Stock Options 335

Stock Options Stock Vesting Common Stock 335

YoungUpstarts

NOVEMBER 23, 2020

Due to the low volume of financial transactions, most startups may not require a full-time bookkeeping expert. Experienced financial experts are expensive to hire in-house. Small businesses can hire such firms and get quality services on a pay as you go basis. Technology and IT services. Technology is expensive.

Startup 238

Startup Technical Review Salary Hiring 238