Should Startups Outsource their Technology Development

The Two Options For Startup Founders

Photo by Canva Studio from Pexels

Let’s take a look at both these options in detail:

Option 1: Hire an In-house Technology Team

Option 2: Hire an External Software Development Company

So which option should startups choose?

Do I have the budget for hiring a full-time technology team?

Am I willing to spend time training my team?

Can I manage the entire development process myself?

How much time do I want to invest in project management?

Do I have a clear idea of what I want from my partner and what type of work they need to do?

How important is it for me to keep an eye on the development process, and how much control do I want over the project activities?

What level of flexibility do I want in terms of timelines and delivery?

How much control do I want over costs and the quality of deliverables?

Founder of Cudy Technologies (www.cudy.co), a full-stack EdTech startup helping teachers and students teach and learn better. I am also a mentor and investor.