As others have said, it really depends on several factors.
1) What is your funding status?
2) Does your founding team have a CTO that can vet talent?
3) Are you ok with a high risk of turnover in exchange for shaving dollars per hour off of cost (e.g. the cost of your time is far less than the money in your pocket)?
If you have enough funding, try to hire developers. You'll get more retention, more productivity, at a lower cost if you could pay a great salary (6-digit-plus). But only hire developers if you can actually vet them! A founding team without a CTO should not be vetting developers and may be better off hiring a well-reputed team. And if the cost of your time is high (e.g. you should be going out there and building your business + fundraising, rather than spending time interviewing and managing developers especially as they get better offers), then you may be better off hiring a well-reputed team to deliver and not worrying about turnover.
In short, there is no easy answer and it ultimately depends on your exact situation.
It is better to outsource development work and concentrate on core business development. Once your business establishes, you can hire developers, this is because development work will require team of developers. If you are not able to utilize development team, it becomes liability.
First up, congrats on your new venture!
In my view, the best strategy that works is that you have a tech member like a CTO that's internal to you and under him, you can build an outsourced team. This way you still have some level of control as opposed to completely be dependent on the outsourced developers.
Feel free to reach out should you have more questions, thanks!
I think it depends on the business model, the complexity of the tech required and what you mean by "hire developers".
Hiring can mean a contractor or an employee. Since you are a start up, I don't recommend employees just yet unless you get funding.
If it's fairly large or complex application/website and you do not have the resources to manage development, then I would outsource. Otherwise, you may be able to find what you need online for free, via a paid monthly service(s), or hire a contractor to help.
If you do outsource, or hire a contractor, be sure to get some legal advice to ensure your IP remains yours when everything is built.
I would suggest you go hire a developer. It will become easier to handle things. As a startup, you will have to experiment a lot of things and keep on making changes constantly, outsourcing the services may lead to problems in the long run, especially, in the initial phase. Supervising the developer will even give you some learning experience.
All the very best for your startup.
Attracting a dedicated development team is always an interesting experience. You and your business can only benefit from transferring part of the tasks and responsibility for its solution to the 3-d party company, but minimizing the costs (opening a new office, buying equipment, etc.) and time for management (dedicated team involves department leads and possibly project managers).
In addition, you can always sign a contract, indicating the deadlines and areas of their responsibility.
If you are interested visit Jelvix website.
There are too many Experts who have given answers. But as a new one in a startup, I will give you just one simple suggestion. Don't take my words "suggestion" as another meaning. I am suggesting to you because I have faced too many problems in my career.
First one is you should hire a developer. Don't give your project to outsourcing. Because if you will hire someone you can exchange ideas on what you want and what they have to do. If in mid-project you want to change directions or make updates you can. But in the case of outsourcing, it will bother all of you.
If you hire a developer, he should never feel that its startup.
The main point you should remember that if you don't have programming knowledge, never let him feel. Tell him/her that you are master in programming. Otherwise its damn sure he/she will cheat you. They will tell you 7 days for 3 days work. I am a victim of such things.
And at last best of luck (it always works with hard work).
Every great start needs a dedicated and reliable team and also need a perfect plan and strategy to run a company.
You have a small startup but the goal is the same, you need the best clients and also you want to provide 100% satisfactory services to there clients.
So the best advice to you is to hire full-time developers who need it like one backend developer and 1 mobile app expert and you can outsource the designing, marketing work to small local companies or consultants who have more than 5 years of experience.
Still confused? Direct message me. I worked for many tech startups and they are all doing well. Helping startups is a good habit of mine.
Definitely, you need to have a person who understands and knows programming as a team member and then you can outsource developers for your project.
Being a start-up has its own pros and cons. Being early stage startup means you will probably be flooded with a lot of inputs and the more advice you seek the more micro it gets. However, in my opinion, it is better to just have one senior tech person in your team who manages a high quality and cost-efficient developers. Better if they can work from your premises.
A startup is a verry tricky and interesting thing, finding reliable and affordable services for you start us is not easy, but one of the easiest ways is communication, and knowing new people, because their help might just be your gem and pick you up on your feet
a little off topic sort-of, but here is a interseting link about IT and there will be a conference soon,you can check it out maybe meet some new people, who knows :)
good luck, here is the link: https: https://merehead.com/blog/best-technology-conferences-2020/
In this day and age, it is difficult to run a startup business. There are very few that manage to succeed. Even though your startup might be small, it brings with it a lot of complex activities that have to be managed rightly. On top of this, software development might be a huge task to manage. However, it is also an integral part of the business that cannot be compromised. In such a situation, hiring an in-house team of your own can cost a hefty sum and also take up a lot of time. Instead, outsourcing website and software development to another company will help get your perfect software and is also convenient and less expensive. you may consider taking a look at this article (https://ateam-texas.com/why-startups-should-outsource-software-development/), for more inputs on why startups should outsource tech development
From my Experience, i suggest you to go with outsourcing.
As you can avoid the issues with hiring and managing developers and providing basic facilities to them. Instead you can outsource your product development and track the progress and concentrate more on marketing and sales aspects and fund raising.
Overhead related to outsourcing is that you need to find a perfect outsourcing partner with experience and good team.
To Know more about outsourcing product development you can check out the link.
Why Startup should outsource software development
First of all congratulations!
Well, I assume your product is highly tech-savvy (tech start-up) so probably you will need a developer every time.
But, it depends on you. How much workload do you have for a developer right now?
Also, during tough days of a startup, it's too difficult to pay a handsome salary to an experienced developer so sometime its good to hire freelance developers.
Greetings of the day.......
"Diamond Marketing & Business Solutions"
-Any Business/Company/Product/Services Across the World
(IIT + IIM Professionals)
With the ever-increasing drive to improve operational efficiencies and reduce costs through technological advancements, there is a growing number of IT projects and a company’s success or failure is depending on its ability to complete projects on time, to specification, and within budget. The risk leads companies into considering getting outside help to complete IT projects, and the two delivery models they choose from are usually Staff Augmentation and Project Outsourcing.
You can also read this article, it might be helpful: https://mobinspire.com/blogs/project-outsourcing-vs-staff-augmentation-one-best/
Hi, as an early startup you should go for the outsource work because from the company you can get consulting services and advice on how much you should spend, if the amount you are spending is worth the project or services, etc.
Before going to outsource development services, you must go through and read:
Top 10 IT Outsourcing Companies by Tessa Norton
For my personal experience and depends on which phase are you I would suggest you hire developers and build a core with them as we did with our startup. We are not outsourcing but hiring people. Outsourcing is not a good way to bring you value in the long run, yes maybe in the short run it can bring you success but in the long run.
Blazho from Exai
One of the partners said to me, “Why don’t you build a team in Vietnam? It will be cheaper than continuing to hire here in the Silicon Valley.” I politely responded, “That’s an interesting idea. I will look into it.”
As a tech start-up, the product is one of the most important ingredients of success. Therefore, having control over how it is shaped - not just in its features but also how the code is written - is super important. For a tech start-up, outsourcing development to software development agencies is seldom recommended, as it results in loss of control over the product.
1. Outsourcing or not?
- Reduce Cost
- Increase Productivity
- Improve Work Quality
- Access To Skilled Expertise
- Delight Your Customers
2. How to choose an outsourcing company
- Identify the best approach to outsource
- Research the best countries to outsource (in my opinion, asian countries is a good idea: India, China, Viet Nam, etc.)
- Locate an outsource company
- Outsource contract
3. How to set up a dedicated development team?
4. Outsourcing mistakes you need to avoid
- Don't need management?
- Looking for cheap
- Misunderstanding the cost
- Considering cultural factors
I hope that my answer will help you a lot. Thank you for reading! If you want to know more, please visit our blog https://agiletech.vn/how-to-outsource-software-developement/. We are outsource software development company that has extensive experience in many services with affordable prices.