Strong Communication
A good consultancy firm will be one that is skilled at communicating things in a simplified manner to you and your key managers. However, speaking is not the only aspect of communication, they should also be able to listen. You want someone who is really listening to everything that you are concerned about and taking you seriously.
Part of building a bond based on trust is effective communication, and a competent firm knows that. The best way to find this out about your narrowed-down choices is to get in touch with some of the existing or older clients of the firm and ask them about this.
Do they Actively Participate
You do not want a sleeping partner. When a venture studio says they would like to be directly involved they should be, and not just to thwart your vision. A lot of studio leaders invest a stake in your startup and act as executives and co-founders with you. You want someone who prioritizes your company now that they have taken up a role and have a proactive approach to every phase of its development.
Is it an Action-Oriented Firm
Venture studios will help you create app business plans but you want them to encourage action on it as well. Most business analysts can do only that analysis, they seldom do anything based on the software business plan they hand you.
Implementing the changes or introducing new concepts to your startup software developers is an art in itself. One that should not be underestimated. You want support in execution in the form of the best way to approach an action. It is possible that you may not have any idea on how to even begin. Maybe it is too complex. Perhaps you want to get it right the first time and not deal with any consequences of bad execution.
Can You Trust Them
Interpersonal skills are everything. You want someone who you can trust. They should be able to talk to you about sensitive issues and keep things confidential before they are asked to sign an NDA.
It is this trust that will grow on you and you will feel much more confident in the firm’s advice and the control you feel they have over your project. Plus, you want to work with someone you are comfortable with and not treat them as an outsider otherwise there is very little point to hiring a venture studio at all.
Contact Us
Toronto, M4B 1B3, Canada, Toronto, Ontario, M4B 1B3, Canada
(929) 810-0786, (929) 224-328