How Startups Can Outsource Their Tech Without Going Broke Or Insane

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

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