This is an age-old question facing software and hardware companies. In this article, we’ll examine the pros and cons of each common choice for your international expansion, including the specific conditions that should drive your decision process. These two basic options confront a tech company considering a foray outside of their home market: Set up […]
How Soon Should Your Software or Hardware Company Go International?
This is a question that frankly doesn’t come up often enough at early-stage tech companies. There is usually an assumption that you first conquer your home market. Then sometimes WAY, WAY down the road when you are already flush and successful, it will be time for international market entry. US-based tech companies are most guilty […]
Growing from a Startup to a Mid-Market Software or Hardware Company
Every stage of a company’s growth holds unique challenges. In my opinion, the startup phase until about $2M in revenue for a software company is the hardest. The “hardest” analogy for hardware companies would be around startup to $10M. That’s because hardware company revenue is usually higher at the same “stage”. But growing a business […]
VARs vs. Retail Distribution in Technology Markets
There is always a lot of talk in the software and hardware industries about distribution through the “Channel”. Generically, that means selling through some type of a third-party reseller company, rather than selling directly to the end customer. But in reality, the “Channel” includes many disparate types of third-party resellers. Today we’ll look at when […]
Structuring a High Tech Sales Force
There are many ways to organize a sales force for a software or hardware company. In my opinion, there is no one “right” way. There is only the BEST way for the unique circumstances of your current company. Like most aspects of developing a technology-based company, there are guidelines. But, there is no exact road […]
