Startup Professionals Musings

APRIL 23, 2013

A few years ago I interviewed a serial entrepreneur, Rich Christiansen , who has done almost 30 businesses wholly by bootstrapping. Take little to no net profit. As soon as you bring in investors, they force you to plan for an exit (merger or sale) in three to five years. Reinvest gross profit. Act big, behave small.

Equity 241

Equity Bootstrapping Startup Merger 241

Gust

OCTOBER 26, 2014

I grew to understand this approach much more when I interviewed a popular serial entrepreneur, Rich Christiansen a while back, who has done almost 30 businesses wholly by bootstrapping. Take little to no net profit. As soon as you bring in investors, they force you to plan for an exit (merger or sale) in three to five years.

Bootstrapping 176

Bootstrapping Startup Merger Salary 176

Up and Running

NOVEMBER 12, 2014

Are you an emerging entrepreneur with an underfunded venture? Unlike donation crowdfunding, which allows merely nominal consideration in exchange for donations, equity crowdfunding entails the offer and sale of debt or equity securities in exchange for financial support. Could your business flourish with a gush of money and hype?

Equity 125

Equity SEC Technical Review Security 125

Startup Professionals Musings

SEPTEMBER 26, 2010

Last year I interviewed a serial entrepreneur, Rich Christiansen , who has done almost 30 businesses wholly by bootstrapping. Take little to no net profit. As soon as you bring in investors, they force you to plan for an exit (merger or sale) in three to five years. Tags: entrepreneur bootstrap founder business.

Bootstrapping 240

Bootstrapping Merger Salary .Net 240

Mike Michalowicz

APRIL 30, 2013

As an entrepreneur, you may just find what I have to say enlightening and helpful! Those include preparing financial statements that are used to report to investors or even those given to the IRS for the sake of mergers. Meaning that everything else came out first, including general expenses, sales support, etc.

Restful 151

Restful Salary Merger .Net 151

David Teten

AUGUST 6, 2015

Jake Perlman-Garr of Datavore points out that this helps facilitate both the auditing and tweaking of forecasts, and also helps a potential investor understand better what the entrepreneur thinks are the important drivers of their business. 11) Separate out your model output. 14) Explain assumptions and make sure they tie to reality.

Balance Sheet 60

Balance Sheet Software Review Forecast Acquisition 60

Steve Blank

JUNE 15, 2009

His marketing and sales instincts and skills seemed magical and he built the company into a $400 million OEM supplier, ultimately selling the company to Unisys. Lies Entrepreneurs Tell Themselves Part of my problem was that my reality distortion field encompassed my relationships. It’s about entrepreneurship and family.

Entrepreneur 291

Entrepreneur Silicon Valley Technical Review RSS 291

Reid Hoffman

MARCH 19, 2019

Tim O’Reilly’s recent article, “ The fundamental problem with Silicon Valley’s favorite growth strategy ,” makes an impassioned argument that the ideas in our book, Blitzscaling , encourage entrepreneurs to behave in ways that are irresponsible or even dangerous in the pursuit of what he characterizes as “runaway growth.”

Cofounder 28

Cofounder Business Model IPO Non-Compete 28

Entrepreneurs-Journey.com by Yaro Starak

MARCH 10, 2011

This article picks up from that point onward, discussing the challenges we ran into once we went into operation mode, the invaluable lessons that only first-hand experience can teach, the exit strategy which was the $250,000 sale of the website, and finally my overall concluding thoughts on the entire experience.

Technical Review 71

Technical Review PPC Due Diligence Exit Strategy 71