“THE REAL COST OF DEVELOPMENT”You wanted the Ferrari but you got this…

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@krowdifyMike Bailey https://www.linkedin.com/in/michaellbailey

WHO IS THIS GUY AND WHY IS HE CODING MY APP?

• Usually coding by themselves but sometimes has a posse with them.

• Will usually under-bid any job just to get it.• When you say that’s not in the budget; will simply

undercut their bid, sometimes by 50%• Likes to disappear when things get tough.• Will always disappear when the money runs out.

Cowboy Coder

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SYFY.COMOne of the most complicated and expensive websites we

have developed.5

+ + = $12k per week

Project Manager Front End Dev

Backend Dev Full Stack Dev

= $100 per hour average

Architect

QA

+ + + = $21k per week

+ $24k per week

=

Free Resources

March-June Sept-Nov Dec - Feb Feb - March

$12k x 8 $12k x 7 $24k x 9 $12k x 4 $444,000=

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ABC Company

XYZ Developers

$20,000 2 Months

$100k/yearon average

@

$33,333 / Month

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DEVELOPER DO’S• Get multiple quotes.

• Have goals around what you are building.

• Read your contract.

• Get an SOW before starting.

• Ask for references of things they have built and contacts.

• Include a stakeholder that will have no less than weekly check-ins. Daily check-ins are optimal.

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DEVELOPER DON’TS• Haggle with your developer. Would you ask your lawyer for a

discount? Your accountant?

• Be elusive about your budget.

• Think they know everything about your business.

• Take the cheapest bid just because they are cheaper.

• Think your developer can do it all and do it from a spec you provided.

• Add scope after the project has started. That will have to wait.13

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CONTACT INFO

Mike Bailey

mike@krowdify.com

@krowdifyhttps://www.linkedin.com/in/michaellbailey

Presentation Link http://bit.ly/1O4lLG3

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