HOW STARTUPS CAN OUTSOURCE THEIR TECH WITHOUT GOING BROKE OR INSANE
Most entrepreneurs don’t have a technical background and they are forced to outsource their web development initiatives. When looking to outsource avoid these 6 traps:
If you don’t have the money to start and grow your startup business, think twice.
Don’t spend money you don’t have
TRAP #1
Spend about 25% of your company budget for building the tech product. The rest keep for sales, marketing, pivoting, maintenance, etc
Don’t spend all the money you DO have
TRAP #2
Start with MVP - develop the bare minimum of your tech - only the part of it that gets the customer to experience the most value in the shortest time.
Don’t build everything at once
TRAP #3
Find a development partner that will fully understand your startup needs.
Don’t look for a provider, look for a partner
TRAP #4
Pay by the project, or better yet, pay by functionality.
Don’t pay by the hour
TRAP #5
Make sure you’ve got an NDA, you own the source code and you have access to it (use your own servers if you can).
Protect yourself
TRAP #6
Your web development partner
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