Technology to Sales: The Evolution of a Software Startup

by Ben Yoskovitz

guy jumping

Software startups always start out very heavily focused on technology. They have to be; they’re building some kind of software application and most of their time has to go into doing that properly. Most software startup teams are made up entirely of developers or weighted in that direction. Have a team of 4? I bet 3 of those people are technical…

At Standout Jobs we have 8 people full-time. Six of those are on the technical side. That’s fairly common amongst early stage software startups.

But at some point, most software startups have to start changing. You can only focus on the technology for so long. Eventually, you have to start marketing and selling it. Occasionally you’ll find developers that can also serve as marketers and business development gurus, but more than likely you’ll hire on additional people to help.

Thats the evolution of a software startup — from being a technology company to being a sales & marketing company.

Most successful software companies make the leap.

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May 6th, 2008

StartupIndex: A Great Resource for Canadian Startups

by Ben Yoskovitz

startupindex

The guys behind StartupNorth and a number of other initiatives, have recently launched StartupIndex, which they describe as, “…a free, community-based index of technology startups and investors in Canada.”

It’s similar to CrunchBase and TraveVibes.

This is a much-needed addition to the startup scene in Canada. It’s great for Canadian startups but also for others, around the world, to get a detailed glimpse into what’s going on here.

Anyone can update entries, but I believe they’re approving them all manually. Each startup’s entry can include basic information - size of company, industry, blog RSS feed, investor information, etc. Over time you can see more and more data and content appearing for each startup’s profile (and for investors), which will make this a must-use resource.

Here’s a miniature version of the Standout Jobs profile (click the image for a full view):

standout jobs startupindex

May 5th, 2008

Data: A Startup’s Secret Money-Making Asset

by Ben Yoskovitz

matrix

The pervading approach to launching a startup is to do it quickly, iterate constantly and make as much noise as possible throughout the process. It’s not a bad way of doing things, and given the lower cost of startup operations, and the nature of consumer web startups in particular, and it’s completely doable. But be careful if you’re not a data hog.

Getting your startup launched as quickly as possible is fine - you need to get it in front of people to understand what’s working (and not), and get as much feedback as possible - but you should also spend a good chunk of time preparing to collect data. That means building the necessary infrastructure into your system to collect, review and analyze the data generated by users.

What Data Should You Collect?

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April 21st, 2008

The Challenge of Staying Focused in a Startup

by Ben Yoskovitz

Startups have a hard time staying focused. It’s the nature of the beast. The enthusiasm founders have for their startups can very quickly lead to chasing too many opportunities.

darts and moneyThe big risk? Running in every direction, chasing every lead, idea and opportunity only to realize at the end that you’ve made very little progress. And this might not sound too serious until you also realize you’ve run out of money, can’t raise more capital, certainly haven’t generated enough revenues and…ugh.

Startups are great at finding opportunities. The enthusiasm, creativity and freshness of startup founders often gives them the ability to find new solutions - they’re not locked in a box. And don’t forget their risk profile. Startup founders, by their very nature, have to be risk takers. That’s a good thing when looking for new opportunities.

So you can’t take away the things that make startups and startup founders successful - risk-taking, enthusiasm, creativity, etc. - but at the same time, those traits often lead startups to chase too much at once.

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April 8th, 2008

How Startups Can Use PR Successfully

by Ben Yoskovitz

One of the biggest challenges for startups is keeping in the public eye - getting the word out on a consistent basis to drive an audience, customers, buzz, etc. There are lots of marketing techniques for startups but one that I think is under used and under appreciated is PR.

Public Relations is all about getting the word out. But generally, PR is used to reach the mainstream press and a mainstream audience. So a lot of startups - especially those living in a Web 2.0 bubble - don’t focus much energy on PR. If your startup is in the Valley or another true startup ecosystem you may be able to generate sufficient buzz through the community, but for the rest of us, we need everything we can to keep in front of people, garnering attention.

The thing with PR is that it’s not just for attracting mainstream press, although that’s a good reason to use it. The press certainly looks at blogs, social media and less traditional avenues for its scoops, but they still work via press releases & press relationships as well. And even companies living in a Web 2.0 bubble - the ultra-coolest of the cool consumer apps only for the “Facebook crowd” - can still benefit from breaking into the mainstream. Ultimately that ultra-cool Valley crowd is still pretty small, and you’ll need to break out beyond it for real success.

So what can PR bring a startup?

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March 27th, 2008
Co-Founder of Standout Jobs.
Entrepreneur and Opportunity Seeker!
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