Do you need a co-founder to build a successful startup?

Why it helps to hire a startup consulting provider for your company’s tech processes

A challenge most startup founders today run into is finding a technical co-founder, especially when pitching to investors. Making long-term tech decisions, no doubt requires someone with a strong tech command, and not being able to decide on a person to do that for you, for any understandable reason, could come in the way of your business’ growth.

But that’s where specialized startup consultancy companies and CTO outsourcing companies come into the picture. They allow you easy and efficient access to tech and human resources. It’s like bringing on a vetted, self-managed, tech-updated, and resource-packed team into your business, and allowing them to manage a large chunk of your tech processes on a regular basis on their own. Not only do these companies come with industry-expertise for carrying out your startup’s tech processes, but they ensure you make wise long-term decisions, keeping in mind their experience working with other organizations.

Let’s go about this with an example. Imagine you're a startup founder. You need a technical co-founder but are unable to find one. So you decide to outsource your tech processes to a startup consultation provider company. 

Now, you have an entire team to manage your tech processes, help make decisions, and handle mundane tech tasks without having to share your equity or make a long-term commitment with them. Sure, it would’ve been different to have a competitive friend/acquaintance with tech knowledge work for your company alongside you. But on the bright side, outsourcing to a startup consulting company will help you have most, if not all the benefits of having a technical co-founder, without long-term contractual equity bindings.

Working with startup consulting providers

Research: The process of hiring a startup consulting provider, obviously, begins with research. This includes evaluating various providers based on their expertise, experience, pricing, and original customer reviews. You’d want to ensure that the provider has a track record of delivering high-quality services and is committed to delivering work after understanding your specific needs and requirements.

Outline the scope of work: After you’ve decided on a provider, you’ll have to sign a contract outlining the scope of work, timelines, and payment terms. This is done to stay clear about your expectations and to have a written contract based on which future check-ins with the provider can be done to ensure that everything is on track.

Understand the strategy: When beginning on the project, the startup consulting provider will work closely with you to understand your business and technology needs. Doing so allows them to develop a strategy that will cater to your specific development goals. Setting up systems and processes, integrating tools, and providing support and guidance, are all done after the strategy is understood clearly.

Iterate and refine systems and processes: Further on, as your business grows, the startup consulting provider will continue to offer their technical expertise to handle the regular operations and make informed short-term and long-term decisions. But at the same time, they’ll allow you to make periodic enhancements and improvements to your strategy with updated technologies and solutions to scale your business sustainably.

Define your contract period: One of the good parts of working with a startup consulting provider is the flexibility of deciding for how long you’d like their help. If you’d like the provider to help you for a shorter period, you can do so by specifying it in your contract. 

Conclusion

Though hiring a technical co-founder provides your company with a reliable helping hand, it’s not the only way to seek long or short-term technical expertise for your organization. Outsourcing tech processes to a startup consultation provider company can be a cost-effective, efficient, and thoughtful way to access wider technical expertise and resources for your startup’s growth. This would also allow your internal teams to focus more on your core competencies aside from saving you significant money and time.