Why life cycle demands professional programmers instead of students
Anyone attempting to setup a startup will be confronted with the problem of gathering sufficient capital to turn an idea into a sellable product. Once investors enter the startup they will demand a considerable chunk of the business in order to ensure that if the product succeeds they will be able to recoup their investment with a high profit margin.
Anyone attempting to setup a startup will be confronted with the problem of gathering sufficient capital to turn an idea into a sellable product. Once investors enter the startup they will demand a considerable chunk of the business in order to ensure that if the product succeeds they will be able to recoup their investment with a high profit margin.
Anyone attempting to setup a startup will be confronted with the problem of gathering sufficient capital to turn an idea into a sellable product. Once investors enter the startup they will demand a considerable chunk of the business in order to ensure that if the product succeeds they will be able to recoup their investment with a high profit margin.
Anyone attempting to setup a startup will be confronted with the problem of gathering sufficient capital to turn an idea into a sellable product. Once investors enter the startup they will demand a considerable chunk of the business in order to ensure that if the product succeeds they will be able to recoup their investment with a high profit margin.
Of course there are many types of investors. Some might not be profit orientated but will nevertheless demand that the entrepreneur employs professional staff to develop the necessary program code. Here comes an iceberg which the entrepreneur will try to outrun. But how?
Hiring students might be a great idea. They are usually very energetic, creative and full of options. But once they finish university they will not want to keep on developing the product. They will move on to blue chip companies where they can receive high salaries. This risk is very much known to investors. For some, the opportunities outweigh the long term risks. Where long-term business development is required, such short term development strategy will break the product quality into costly sheets of forgetfulness.
An alternative is hiring local workforce at local salary standards. This will cut huge gaps into the capital. Where the entrepreneur is not able to access such huge amounts of capital, his budgeting will demand a more conservative approach. Employment risks and higher rates do not allow much for taking on freelancers.
Here Outsourcing can help but it will have to be professional and based on a multinational platform. You cannot go on shopping around to get fantastic programmers. You need to have professional managers to keep the project running and avoid costly mistakes.
What you need is local advice combined with distant programming capacity. This is provided through the 3 step strategy of “project consulting”, “planning & development” and “quality control & management”.
Very few companies can offer such services to smaller businesses. Large companies have shown that using such cooperation models help develop products and solutions at a faster and more cost efficient manner than if they had opened up their own development centers.
Small and medium sized companies will definitely not go to the length of setting up a subsidiary in India, Ukraine or other distant region. The key reason for such high market entry hurdles are that most SMEs do not have access to multinational business experts who understand how to deal with a team comprised from such extreme different cultural background.
This is what makes the difference in outsourcing. If you have access to people who have lived and worked in many different countries you can avoid getting into misunderstandings or disputes because you have a “media converter” who can convey the key messages of the client to the developer teams.
The Monash University and Harvard University have supported this experience by providing many examples of how even large multinational corporations failed to deal properly with foreign business and life culture. Companies coming from consulting, to retail and production often get caught up in endless disputes which eventually cost them their market share.
Nevertheless, if you take the key message from these highly accredited scholars into perspective with the experience of multicultural professionals you will notice that they are much more able to assist in the process of outsourcing product development.
Hence, entrepreneurs with a great idea do stand a chance with the right help and open mindedness to gain a competitive advantage. Here each project teaches us that you need a lot of work and constructive discussion to develop a fantastic product. Therefore combining consulting, project management and the core programming services helps to turn an idea into a real product. At a sustainable and fair rate projects become affordable.
Even before a product will start development or before it is released on the market, a professional service can help through designing graphics (i.e. logos, flyers), web marketing campaigns and business consulting. Getting help from a business coach is a great opportunity to get the business right on tracks before customers come in pouring.
Of course there are many types of investors. Some might not be profit orientated but will nevertheless demand that the entrepreneur employs professional staff to develop the necessary program code. Here comes an iceberg which the entrepreneur will try to outrun. But how?
Hiring students might be a great idea. They are usually very energetic, creative and full of options. But once they finish university they will not want to keep on developing the product. They will move on to blue chip companies where they can receive high salaries. This risk is very much known to investors. For some, the opportunities outweigh the long term risks. Where long-term business development is required, such short term development strategy will break the product quality into costly sheets of forgetfulness.
An alternative is hiring local workforce at local salary standards. This will cut huge gaps into the capital. Where the entrepreneur is not able to access such huge amounts of capital, his budgeting will demand a more conservative approach. Employment risks and higher rates do not allow much for taking on freelancers.
Here Outsourcing can help but it will have to be professional and based on a multinational platform. You cannot go on shopping around to get fantastic programmers. You need to have professional managers to keep the project running and avoid costly mistakes.
What you need is local advice combined with distant programming capacity. This is provided through the 3 step strategy of “project consulting”, “planning & development” and “quality control & management”.
Very few companies can offer such services to smaller businesses. Large companies have shown that using such cooperation models help develop products and solutions at a faster and more cost efficient manner than if they had opened up their own development centers.
Small and medium sized companies will definitely not go to the length of setting up a subsidiary in India, Ukraine or other distant region. The key reason for such high market entry hurdles are that most SMEs do not have access to multinational business experts who understand how to deal with a team comprised from such extreme different cultural background.
This is what makes the difference in outsourcing. If you have access to people who have lived and worked in many different countries you can avoid getting into misunderstandings or disputes because you have a “media converter” who can convey the key messages of the client to the developer teams.
The Monash University and Harvard University have supported this experience by providing many examples of how even large multinational corporations failed to deal properly with foreign business and life culture. Companies coming from consulting, to retail and production often get caught up in endless disputes which eventually cost them their market share.
Nevertheless, if you take the key message from these highly accredited scholars into perspective with the experience of multicultural professionals you will notice that they are much more able to assist in the process of outsourcing product development.
Hence, entrepreneurs with a great idea do stand a chance with the right help and open mindedness to gain a competitive advantage. Here each project teaches us that you need a lot of work and constructive discussion to develop a fantastic product. Therefore combining consulting, project management and the core programming services helps to turn an idea into a real product. At a sustainable and fair rate projects become affordable.
Even before a product will start development or before it is released on the market, a professional service can help through designing graphics (i.e. logos, flyers), web marketing campaigns and business consulting. Getting help from a business coach is a great opportunity to get the business right on tracks before customers come in pouring.
Of course there are many types of investors. Some might not be profit orientated but will nevertheless demand that the entrepreneur employs professional staff to develop the necessary program code. Here comes an iceberg which the entrepreneur will try to outrun. But how?
Hiring students might be a great idea. They are usually very energetic, creative and full of options. But once they finish university they will not want to keep on developing the product. They will move on to blue chip companies where they can receive high salaries. This risk is very much known to investors. For some, the opportunities outweigh the long term risks. Where long-term business development is required, such short term development strategy will break the product quality into costly sheets of forgetfulness.
An alternative is hiring local workforce at local salary standards. This will cut huge gaps into the capital. Where the entrepreneur is not able to access such huge amounts of capital, his budgeting will demand a more conservative approach. Employment risks and higher rates do not allow much for taking on freelancers.
Here Outsourcing can help but it will have to be professional and based on a multinational platform. You cannot go on shopping around to get fantastic programmers. You need to have professional managers to keep the project running and avoid costly mistakes.
What you need is local advice combined with distant programming capacity. This is provided through the 3 step strategy of “project consulting”, “planning & development” and “quality control & management”.
Very few companies can offer such services to smaller businesses. Large companies have shown that using such cooperation models help develop products and solutions at a faster and more cost efficient manner than if they had opened up their own development centers.
Small and medium sized companies will definitely not go to the length of setting up a subsidiary in India, Ukraine or other distant region. The key reason for such high market entry hurdles are that most SMEs do not have access to multinational business experts who understand how to deal with a team comprised from such extreme different cultural background.
This is what makes the difference in outsourcing. If you have access to people who have lived and worked in many different countries you can avoid getting into misunderstandings or disputes because you have a “media converter” who can convey the key messages of the client to the developer teams.
The Monash University and Harvard University have supported this experience by providing many examples of how even large multinational corporations failed to deal properly with foreign business and life culture. Companies coming from consulting, to retail and production often get caught up in endless disputes which eventually cost them their market share.
Nevertheless, if you take the key message from these highly accredited scholars into perspective with the experience of multicultural professionals you will notice that they are much more able to assist in the process of outsourcing product development.
Hence, entrepreneurs with a great idea do stand a chance with the right help and open mindedness to gain a competitive advantage. Here each project teaches us that you need a lot of work and constructive discussion to develop a fantastic product. Therefore combining consulting, project management and the core programming services helps to turn an idea into a real product. At a sustainable and fair rate projects become affordable.
Even before a product will start development or before it is released on the market, a professional service can help through designing graphics (i.e. logos, flyers), web marketing campaigns and business consulting. Getting help from a business coach is a great opportunity to get the business right on tracks before customers come in pouring.
Of course there are many types of investors. Some might not be profit orientated but will nevertheless demand that the entrepreneur employs professional staff to develop the necessary program code. Here comes an iceberg which the entrepreneur will try to outrun. But how?
Hiring students might be a great idea. They are usually very energetic, creative and full of options. But once they finish university they will not want to keep on developing the product. They will move on to blue chip companies where they can receive high salaries. This risk is very much known to investors. For some, the opportunities outweigh the long term risks. Where long-term business development is required, such short term development strategy will break the product quality into costly sheets of forgetfulness.
An alternative is hiring local workforce at local salary standards. This will cut huge gaps into the capital. Where the entrepreneur is not able to access such huge amounts of capital, his budgeting will demand a more conservative approach. Employment risks and higher rates do not allow much for taking on freelancers.
Here Outsourcing can help but it will have to be professional and based on a multinational platform. You cannot go on shopping around to get fantastic programmers. You need to have professional managers to keep the project running and avoid costly mistakes.
What you need is local advice combined with distant programming capacity. This is provided through the 3 step strategy of “project consulting”, “planning & development” and “quality control & management”.
Very few companies can offer such services to smaller businesses. Large companies have shown that using such cooperation models help develop products and solutions at a faster and more cost efficient manner than if they had opened up their own development centers.
Small and medium sized companies will definitely not go to the length of setting up a subsidiary in India, Ukraine or other distant region. The key reason for such high market entry hurdles are that most SMEs do not have access to multinational business experts who understand how to deal with a team comprised from such extreme different cultural background.
This is what makes the difference in outsourcing. If you have access to people who have lived and worked in many different countries you can avoid getting into misunderstandings or disputes because you have a “media converter” who can convey the key messages of the client to the developer teams.
The Monash University and Harvard University have supported this experience by providing many examples of how even large multinational corporations failed to deal properly with foreign business and life culture. Companies coming from consulting, to retail and production often get caught up in endless disputes which eventually cost them their market share.
Nevertheless, if you take the key message from these highly accredited scholars into perspective with the experience of multicultural professionals you will notice that they are much more able to assist in the process of outsourcing product development.
Hence, entrepreneurs with a great idea do stand a chance with the right help and open mindedness to gain a competitive advantage. Here each project teaches us that you need a lot of work and constructive discussion to develop a fantastic product. Therefore combining consulting, project management and the core programming services helps to turn an idea into a real product. At a sustainable and fair rate projects become affordable.
Even before a product will start development or before it is released on the market, a professional service can help through designing graphics (i.e. logos, flyers), web marketing campaigns and business consulting. Getting help from a business coach is a great opportunity to get the business right on tracks before customers come in pouring.