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What Happens When Startups Turn from Their Innovation Stage to Operational Excellence?

Both Sides of the Table

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. Sam & Rahul have worked closely together on “innovate & operate” since the earliest days of MakeSpace.

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A Guide To Outsourcing Services For Startups

YoungUpstarts

This means that companies do not have to keep an expensive in-house team idle and still pay them big salaries. For example, cloud services allow small companies to operate from multiple locations while making little investment in their infrastructure, such as furnishing new offices. Moreover, their operations are not large scale.

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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. Operating Costs. million to fund operations in their first year of operations. Simplifying: Revenue -. ” Again, it depends.

Startup 418
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Six Key Factors in the Right Outsourcing Decision

Startup Professionals Musings

Creative or operational. Operational products, like process automation or reservation systems, may be large but mundane, and more easily outsourced. The typical software startup these days is a one or two person operation, founder and co-founder, who do the work themselves on the first product with no salary.

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Six Criteria for Outsourcing the Right Processes

Startup Professionals Musings

Creative or operational. Operational products, like process automation or reservation systems, may be large but mundane, and more easily outsourced. The typical software startup these days is a one or two person operation, founder and co-founder, who do the work themselves on the first product with no salary.

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5 Startup Cost Realities Most Founders Underestimate

Startup Professionals Musings

You find that you need to be near major customers, or employee transportation hubs, where rents are higher than you ever anticipated. Your frugal role model of bringing your own lunch won’t be convincing to most employees. Ramp-up facilities and utilities required. Staffing and people-management costs.

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6 Realistic Tactics For Funding Charitable Businesses

Startup Professionals Musings

Personal loans from individuals, employees and board members. As in any company, they can lead to employee problems, or messy legal issues. This could work to get you legal or accounting services, but won’t get you cash to pay employee salaries. Personal loans are certainly an option, but should be avoided if possible.