Yesterday we discovered that our global software co, ProActive Software – www.proactivesoftware.com have been announced as finalists in the ‘2006 PWC NZ Hi-Tech Awards – Innovation of the Year category!’. We were nominated for our core project, task and time management product http://www.proworkflow.com/ and also for our approach to the underlying business model.
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Product based businesses and service based businesses have fundamentally different structures, needs, resource needs, cashflow structures, marketing, sales models etc. This is why it is difficult to use your ‘Service’ based business resources to create a ‘Product’ based business.
No two businesses are the same. There is no ‘Magic formula, just great advice.
There is a very big difference between having a good product, and having a good business behind the product!
Based on my own experience and that of many participants in the www.SoftwareCEO.com forums it seems that the ‘Slow but steady’ is winning the race against the ‘Wham, bam, thank you M’aam’ software co’s springing up. It’s the classic age-old debate of ‘Experience vs skills/speed’.
Continue reading about Is there another .com (or .saas) Bust coming?
Here’s a thought to ponder whilst MSN’ing a mate, yakking on the phone, chatting up the new blonde girl over the coffee machine… There is an actual cost to ‘mucking around’ and being inefficient. Not just the fact that you get more done with focussed effort, but that you are missing out on potential earnings and [...]
