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๐–๐ž ๐๐ž๐ฏ๐ž๐ฅ๐จ๐ฉ ๐œ๐ฎ๐ฌ๐ญ๐จ๐ฆ ๐€๐ฉ๐ฉ๐ฌ, ๐€๐ฎ๐ญ๐จ๐ฆ๐š๐ญ๐ข๐จ๐ง๐ฌ ๐š๐ง๐ ๐ˆ๐ง๐ญ๐ž๐ ๐ซ๐š๐ญ๐ข๐จ๐ง๐ฌ ๐Ÿ๐จ๐ซ ๐ž๐ง๐ญ๐ซ๐ž๐ฉ๐ซ๐ž๐ง๐ž๐ฎ๐ซ๐ฌ & ๐ž๐ฌ๐ญ๐š๐›๐ฅ๐ข๐ฌ๐ก๐ž๐ ๐›๐ฎ๐ฌ๐ข๐ง๐ž๐ฌ๐ฌ ๐จ๐ฐ๐ง๐ž๐ซ๐ฌ. Most entrepreneurs donโ€™t lose money because their idea failed. They lose money because no one guided them around common pitfalls. Weโ€™ve seen it happen: ๐Ÿ‘‰ People losing valuable time and money when building overseas. ๐Ÿ‘‰ Owners losing their Intellectual Property ๐Ÿ‘‰ Lack of technical documentation that leaves them high and dry. ๐Ÿ‘‰ Skipped security best practices that leave them open to lawsuits and fines. ๐Ÿ‘‰ The added cost of rebuilding the way it should have been built. ๐Ÿ‘‰ The small oversight early in development that turns into a $30,000 correction later. ๐“๐ก๐ž ๐ซ๐ž๐š๐ฅ ๐ฆ๐ข๐ฌ๐ญ๐š๐ค๐ž? ๐’๐ญ๐š๐ซ๐ญ๐ข๐ง๐  ๐๐ž๐ฏ๐ž๐ฅ๐จ๐ฉ๐ฆ๐ž๐ง๐ญ ๐›๐ž๐Ÿ๐จ๐ซ๐ž ๐š๐ฌ๐ค๐ข๐ง๐  ๐ญ๐ก๐ž ๐ซ๐ข๐ ๐ก๐ญ ๐ช๐ฎ๐ž๐ฌ๐ญ๐ข๐จ๐ง๐ฌ. Before you hire a developer, before you sign a contract, before you commit investment, you should understand: ๐Ÿ—๏ธ What you actually need to build โณ What can wait ๐Ÿ“ˆ What drives revenue โš ๏ธ What silently inflates cost ๐Ÿ›ก๏ธ How to protect your IP โ— How to avoid vendor lock-in ๐Ÿ‡จ๐Ÿ‡ฆ How to benefit from Canadian grants and SR&ED credits ๐’๐ž๐ซ๐ข๐จ๐ฎ๐ฌ ๐ž๐ง๐ญ๐ซ๐ž๐ฉ๐ซ๐ž๐ง๐ž๐ฎ๐ซ๐ฌ ๐๐จ๐งโ€™๐ญ ๐ ๐š๐ฆ๐›๐ฅ๐ž ๐จ๐ง ๐ญ๐ž๐œ๐ก - ๐ญ๐ก๐ž๐ฒ ๐ฌ๐ญ๐ซ๐ฎ๐œ๐ญ๐ฎ๐ซ๐ž ๐ข๐ญ ๐ฉ๐ซ๐จ๐ฉ๐ž๐ซ๐ฅ๐ฒ. When you're planning to invest in custom software, start by understanding how to protect that investment. ๐–๐ž ๐œ๐ซ๐ž๐š๐ญ๐ž๐ ๐ฌ๐ž๐ฏ๐ž๐ซ๐š๐ฅ ๐ ๐ฎ๐ข๐๐ž๐ฌ ๐ญ๐จ ๐ก๐ž๐ฅ๐ฉ ๐ฒ๐จ๐ฎ ๐ฆ๐š๐ค๐ž ๐ญ๐ก๐ž ๐ซ๐ข๐ ๐ก๐ญ ๐๐ž๐œ๐ข๐ฌ๐ข๐จ๐ง๐ฌ ๐๐„๐…๐Ž๐‘๐„ ๐๐ž๐ฏ๐ž๐ฅ๐จ๐ฉ๐ฆ๐ž๐ง๐ญ ๐›๐ž๐ ๐ข๐ง๐ฌ. โœ… The critical questions to ask any software firm โœ… How to avoid paying twice for your app โœ… What most agencies wonโ€™t tell you about scope โœ… How to structure a lean MVP properly โœ… How to replace expensive SaaS with owned software โœ… How to align your build with funding requirements Visit: NewIdeaMachine.com to access money saving resources.

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Al del Degan is the Co-Founder and CTO of New Idea Machine.

5 people are employed at New Idea Machine.

New Idea Machine is based in Calgary, Alberta.

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