How to Measure Performance of Your Outsourced Developers

Focus on the outcome, not the output. April 20, 2019 5 min read Opinions expressed by Entrepreneur contributors are their own. A common challenge founders face when they outsource to a software development company is tracking the performance of developers. Since you cannot really monitor the outsourced team on a full-time basis, it is critical to know whether your investment in hiring developers is justified. Performance, being a qualitative trait, poses measurability challenges. There is no single metric which would lead you to a definitive answer. Knowledge about the goals to track and the areas to focus on can bring you closer to performance measurement of the outsourced developers as a whole. Related: 3 Ways You Can Avoid Wasting Your Company’s Money on Technology Here is a framework that can give you the much-needed insights into the performance of the outsourced tech team. 1. Start with conceptualization of goals. Setting […]

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How to Make Your MVP Truly Cost-Effective

Manual-first, then automation. March 23, 2019 5 min read Opinions expressed by Entrepreneur contributors are their own. Creating a Minimum Viable Product (MVP) is the best way for entrepreneurs to validate their assumptions about the viability of their business model. Taking the roadmapping approach and starting out by creating a MVP makes a lot of sense from the business point of view. A product roadmap is a great tool for visualizing the direction the product would take over time and coming up with a strategic plan for the offering. Building the minimum viable product or the product prototype is crucial. While an MVP results in significant cost savings, building one also incurs a significant cost for the company.  So how do you ensure that your development strategy for building a MVP is truly cost-effective? If you are an entrepreneur looking to build your first mobile or web app, here is […]

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Uncover Market Opportunities With This Roadmapping Strategy

These five steps will help you chart a realistic journey forward and hold yourself accountable along the way. February 8, 2019 5 min read Opinions expressed by Entrepreneur contributors are their own. Launching a tech startup or a product is a challenging task. As an entrepreneur, you might often feel as if you’re grasping at straws because you can’t predict the outcome. Roadmapping is a highly effective strategy for smoothing the bends in your entrepreneurial journey. My company, Arkenea, specializes in helping owners create a product roadmap to visualize a product offering’s direction over time. These strategic growth plans should include features and deliverables during a tentative time frame. Here are five steps to cash in on existing market opportunities and ensure your startup’s success. 1. Define the objectives. The most successful products aren’t necessarily the most innovative solutions in their niche. They do have one thing in common, though: They invariably […]

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6 Reasons Why You Should Prototype Your Idea Before Developing It

Without a roadmap, your chances of failure increase. November 24, 2018 5 min read Opinions expressed by Entrepreneur contributors are their own. One of the biggest mistakes entrepreneurs who want to build a tech startup make is that they don’t create a roadmap or prototype. Without a prototype, you can end up going down an unclear and expensive path when you’re developing your mobile app or product. That’s why prototyping is a crucial part of creating an app. Related: Are You Making These Common Mistakes in Your Start-up? Here’s how it can benefit you and how to get it done: 1. Gain clarity. Without a defined concept, you can easily set your app up for failure, and it’s hard to define your concept sans a roadmap and a visual aid, such as a prototype. Your roadmap helps you to define and sharpen the idea of your concept by mapping out […]

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Need More Cash? Check out These 7 Income Streams That Actually Generate Passive Income

Blogs. REITs. Royalties: What other good ideas do you have to flush out your coffers? November 7, 2018 5 min read Opinions expressed by Entrepreneur contributors are their own. Earning income as an employee isn’t the only way to make money. If you want to build wealth or achieve your long-term financial goals, you have to diversify your income sources with multiple streams of income. Related: How I Made $134,846.40 of Passive Income in One Month The great news is that strategies exist through which you can generate passive income. Here are several of them: 1. Build a blog. A blog helps you build passive income that can you can grow over time. For instance, you can generate income from ad sales and affiliate marketing. That’s how food blogger Meeta Aurora generated over $5,000 monthly even while working at a full-time job. You can learn and apply a new skill, such as ad […]

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The Best Language for Non-Tech Founders to Code Their Own Web App

Python offers plenty of user support. September 2, 2018 4 min read Opinions expressed by Entrepreneur contributors are their own. As a startup, it can be challenging to decide which programming language to use. Considering the plethora of options, it is important that you consider the future scalability and integration of the language you use. You’ll also want to conduct some market research. The goal is to focus on a language that will allow for growth, based on your potential prospects. Although each project differs in terms of its requirements, it is important to become familiar with Python — especially if you’re building your own startup. Related: 5 Open Source Libraries to Aid in Your Machine Learning Endeavors  Although Java, C++, JavaScript and Ruby are all common coding languages, Python is quickly growing in popularity. Built for its readability, it is easy to quickly learn and understand Python. From web applications […]

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Is That New Tech (Chatbots, AI, Blockchain) Really Valuable for Your Business? How to Find Out.

There are a lot of shiny new objects out there. Here’s how to stay current and spend wisely. July 10, 2018 5 min read Opinions expressed by Entrepreneur contributors are their own. With all the shiny new options available for businesses, the temptation is to latch on to the trendiest tech offerings. But just as new opportunities are arising, those opportunities are also being redefined. Technology is a moving target — and should be — but that movement is challenging to businesses trying to keep up. Related: 4 Pitfalls to Avoid When Choosing Tech for Your Business Take chatbots for instance. “Chatbots are poised to fundamentally change the way humans interact with machines within a five-year horizon,” Matt Swanson, managing partner at Silicon Valley Software Group, wrote in VentureBeat. “The starting point will not be personal assistants, or chatbot ‘apps,’ but rather the investment that businesses make in order to drive their topline […]

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2018 Software Development Trends That You Can Count on Continuing Into 2019

An Entrepreneur contributor consults his crystal ball and says to keep an eye on blockchain, AI and progressive web apps. July 6, 2018 4 min read Opinions expressed by Entrepreneur contributors are their own. That new technology you’re hopping on may be all the rage now, but will anyone remember it this time next year? Trends in technology can fade quickly as advancements are rolled out at lightning speed. Related: 8 Tech Trends to Keep Your Eye on in 2018 So, which trends in 2018 will continue to grow into 2019? Here’s a look at several of the “hot” trends in software development: blockchain, artificial intelligence/machine learning, progressive web apps, low code and security. Blockchain Blockchain gained in popularity due to the Bitcoin revolution. Now, industries and companies are adopting blockchain development rapidly. “Blockchain” describes a technology enabling a peer-to-peer network of interconnected devices to store data rather than rely on central computers and defined […]

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