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6 Due Diligence Concerns Before Outside Contracting

Startup Professionals Musings

If you have a software development background like mine, I’m sure you often get questions about when to outsource, versus building the solution in-house. If your software or your manufacturing process is your “secret sauce,” you need to keep the work in-house. The same applies to manufacturing and almost any process these days.

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Technical Review: A Trusted Look Under the Hood

TechEmpower

Many CEOs of software-enabled businesses call us with a similar concern: Are we getting the right results from our software team? We hear them explain that their current software development is expensive, deliveries are rarely on time, and random bugs appear. What does a business leader do in this situation?

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10 Attributes Of The Perfect Partner For Your Startup

Startup Professionals Musings

If both of you are experts at software development, even though one loves design and the other loves coding, that still won’t get the marketing done. Thus you should do the same or more due diligence on educational background, previous work, and references. This is probably the best place to apply your “gut” feeling.

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6 Startup Lessons Learned By Passionate Entrepreneurs

Startup Professionals Musings

For example, most people believe that Bill Gates started with a simple purchase of a base operating system leading to MS-DOS and Microsoft, but Mars points out that Bill spent thousands of hours in some computer rooms working on software day and night. Know yourself and find help to fill in the gaps. Start today building a bigger network.

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Revolutionizing Employee Feedback: Modern Approaches to Performance Reviews

The Startup Magazine

Key Takeaways Understand the shift from traditional to contemporary performance reviews. The arrival of sophisticated software for performance review has been crucial in this change, offering robust tools that enable continuous feedback and real-time performance analysis, setting the stage for more dynamic workplace environments.

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Technical Advisors: Every Startup Needs One

TechEmpower

Startup founders make decisions on a daily basis – significant decisions that will have lasting impact on their business. Actually, many startups need two kinds of technical advisors. They look at the code produced on a regular basis to ensure that it’s high quality and right for you. No good innovator turns down advice!

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Strategies to Improve Cash Flow Management for Startups

The Startup Magazine

For startups, cash flow isnt just a financial metricits the lifeline of the business. Yet, most small businesses fail due to poor cash flow management. Image source Startups often face unpredictable revenue streams and mounting operational costs, making cash flow management particularly challenging.