Sphinn - From Consulting to Product - Part 2, or When the Sharks Start Circling

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From Consulting to Product - Part 2, or When the Sharks Start Circling

Posted By: OliverTaco 209 days ago
Topic Type: News Story (Jump to http://promote-my-site.com)
Category: Other

Here's where you are: balancing on a razor's edge. You are juggling competing needs:

* Capitol for product development
* Cash flow to pay for sale effort
* Attention required to staff two different models:
* Traditional consultants for your cash flow business
* Developers and support staff
* Sudden need to build an infrastructure to support a growing business
* Finance guys, admin staff, human resources/recruiting

You're enormously attracted to the rush of 90% profit margins on each product sale but you are starting to miss the simpler days, when you had half a dozen guys out doing consulting and a one-room office that you and your partner shared. And if you were both out consulting, you answered client calls at the Homewood Suites at night.