By Sergey Markov Sibers CEO
A lot of hype these days is about October’s article in eLance and NewsWeek magazine concerning discussion at digg.com and in particular the fact that initial investment into development into well-known digg.com was as little as $200. What I got from the discussion with reference to our experience:
- Outsourcing software development can be a very good solution for startups even in web 2.0 or other IT technologies areas – you can get experienced developer quickly (it is a matter of hours or days) and at a very competitive price.
- Work for startup should be done in iterations – you can see your ideas live and then whole picture will change. Now agreement with outsourcing company will really matter. If your contract is “agile” enough, you can implement your new ideas without additional overhead and thus get a better innovative product.
- If your ideas are pretty clear, do not underestimate effort to get final (or best-selling) version of your innovation. Of course, the first iteration was $200, but they mentioned that they had spent a lot more to get version that was sold for $$$ millions.
Finally, I ‘d like to make you sure – building a new business on top of outsourced development services really works, and HireRussians know how and have enough experience to make your dream come true into an innovative product!