Tim Keane

MARCH 9, 2011

Can you bootstrap your way to positive cash flow?   If the answer is relatively soon, then bootstrapping is a very serious consideration.    Even if it isn’t soon, early bootstrapping can reduce risk and increase chances for success, resulting in more aligned interests for entrepreneurs and investors.

Finance 83

Finance Bootstrapping Startup Equity 83

ReadWriteStart

SEPTEMBER 10, 2010

They already have several customers including some telcos, and are at about $350,000 in revenues. Because customer financing equals revenue, not equity. That's why, I advised Gio to keep going with further execution on his business and build more revenue traction. In 1M/1M, our preferred financing strategy is customers.

Cloud 115

Cloud Silicon Valley Incubator Finance 115

Startup Lessons Learned

APRIL 14, 2009

Lessons Learned by Eric Ries Tuesday, April 14, 2009 Validated learning about customers Would you rather have $30,000 or $1 million in revenues for your startup? All things being equal, of course, you’d rather have more revenue rather than less. And yet revenue alone is not a sufficient goal. More on that in a moment.

Customer 167

Customer San Francisco Lean Hockey Stick 167

Sophia Perl of Wisdom

NOVEMBER 9, 2010

Some of the finalists were generating revenues already and/or have very promising strategic partnerships lined up. website ): PITCH 2010 Finalists (Mobile Track) Pitch Live on November 4, 2010 @ 3:15pm. Mobile Track — Pitch 2010 Finalist — Mightyverse. Mobile Track — Pitch 2010 Finalist — Nexpense.

CTO Hire 49

CTO Hire Cofounder Fractional CTO San Francisco 49

Sophia Perl of Wisdom

NOVEMBER 9, 2010

Some of the finalists were generating revenues already and/or have very promising strategic partnerships lined up. website ): PITCH 2010 Finalists (Mobile Track) Pitch Live on November 4, 2010 @ 3:15pm. Mobile Track — Pitch 2010 Finalist — Mightyverse. Mobile Track — Pitch 2010 Finalist — Nexpense.

CTO Hire 40

CTO Hire Cofounder Fractional CTO San Francisco 40

ReadWriteStart

MARCH 17, 2011

He needs to bootstrap it to a certain level, and following the 1M/1M methodology would be a good start. Sramana Mitra is the founder of the One Million by One Million (1M/1M) initiative, an educational, business development and incubation program that aims to help one million entrepreneurs globally to reach $1 million in revenue and beyond.

Costa Rica 114

Costa Rica America Silicon Valley Entrepreneur 114

www.thestartup.eu

OCTOBER 23, 2010

Home RSS About Contact Advertise Partners How to bootstrap a Startup with less than $10k. Posted by Stefano Bernardi On June - 21 - 2010 It’s a known fact that seed capital is very scarce in Italy. Entrepreneurs, which by definition are stubborn entities are therefore finding creative and cheap ways to bootstrap their startups.

Bootstrapping 49

Bootstrapping Italy Sweat Equity Europe 49

Tim Keane

OCTOBER 19, 2006

Of course, everyone understands that somewhere in the equation theres revenue, whether directly or indirectly. Of course, everyone understands that somewhere in the equation theres revenue, whether directly or indirectly. October 2010. September 2010. Bootstrapping. Thinking about pricing. Here are two examples.

Software Review 60

Software Review Wisconsin Technical Review Angel Investor 60

VC Cafe

MAY 5, 2011

In 2010, Klarna reported $54 million in revenue, and amongst its board members are Mike Moritz, partner in Sequoia and one of the main investors in Google and Yahoo. Klarna provides credit over the Internet. It’s considered one of Sequoia’s top investments in Europe. Klarna raised $8.5 million euro to date.

Bootstrapping 94

Bootstrapping Algorithm Europe Mobile 94

Startup Lessons Learned

JUNE 5, 2009

And so the spreadsheet is built with conservative assumptions, including a final revenue target. No matter how low we make the revenue projections for this new product, it’s extremely unlikely that they are achievable. In a startup context, numbers like gross revenue are actually vanity metrics, not actionable metrics.

San Francisco 102

San Francisco Lean Continuous Deployment Startup 102

Austin Startup

MARCH 20, 2018

How we got into Y Combinator (OwnLocal W10) OwnLocal received seed funding from Y Combinator in 2010 and has grown to work with 279k+ businesses through 3,500 local newspapers This is a repost from my self-hosted blog that mysteriously disappeared in 2014. We were already making real newspapers real revenue?—?hard

Cofounder 48

Cofounder Texas Video Software Review 48

www.mint.com

MARCH 9, 2010

If the answer to the question centers around “We will achieve revenue soon so our net will improve and give us more runway,” it means the company is in trouble because no product ever ships on time nor achieves the company’s “conservative forecast.” These days revenue is the best source of capital. Who is on your board of directors?

Software Review 68

Software Review Startup Post-Money Valuation Technical Review 68

The Entrepreneurial Mind

JUNE 14, 2010

And bootstrap every chance you get! They bootstrapped and focused on getting cash flowing as soon as possible. Revenues are the best source of financing we can ever hope for during lean times. But, they still want high growth and they will be VERY active in the management of the business. How did they do it?

Kentucky 56

Kentucky Washington Nashville Bootstrapping 56

YoungUpstarts

JANUARY 5, 2012

Founded in 2010, MentorMob essentially curates and aggregates content such as YouTube videos, Wikipedia and About.com articles into intuitive, how-to courses or what they call “learning playlists” This makes it easy to find and learn a new skill, hobby or technique, say, salsa dancing, golf or a new language.

Illinois 165

Illinois Aggregator Chicago Widget 165

YoungUpstarts

DECEMBER 5, 2013

The revenue in 2012 was $16.4 Being a completely bootstrapped company, Steals.com cannot offer its team the best possible pay. Sramana Mitra is the founder of One Million by One Million (1M/1M), a global virtual incubator that aims to help one million entrepreneurs globally to reach $1 million in revenue and beyond.

Silicon Valley 266

Silicon Valley Utah India Massachusetts 266

ReadWriteStart

APRIL 13, 2012

According to the just-released Halo Report from the Angel Capital Association and the Angel Resource Institute ( ARI ), founded by the Ewing Marion Kauffman Foundation , "The median size of angel & angel group syndicate rounds was $700,000" last year, up from $500,000 in 2010. Will you be generating enough revenues to keep growing? •

Angel Investor 128

Angel Investor Syndicate Syndication Exit Strategy 128

This is going to be BIG.

JANUARY 31, 2010

Artists are using Social Media as a a catalyst to boost popularity, create new revenue streams and promote global goodness. Bootstrapping a community from zero users. What are the most significant education technology trends of 2010 and beyond? RSVP: [link] 6PM What Is Your $ocial Music Currency? What works and what doesn't.

New York 61

New York Community Social Media New York City 61

Tim Keane

JANUARY 12, 2010

Bottom Up Market Sizing » January 12, 2010. Please see later version of this post on May 16, 2010 Entrepreneurs are often not experts in the area of term-sheet negotiations and all of the surrounding issues.   Pre-bubble Siliicon Valley deals were popularly valued at multiples of revenue.

Term Sheet 68

Term Sheet Valuation Dividend Liquidation Preference 68

ReadWriteStart

APRIL 21, 2011

I presented my usual 1M/1M perspective on bootstrapping. Even if there were fleeting thoughts of being bailed out by investors, they have now been banished and we are focusing on bootstrapping and making the model work with customer money." From 2008 to 2010, Mitra was a columnist for Forbes. System-Sea.

Networking 115

Networking Partner Entrepreneur Bootstrapping 115

ReadWriteStart

APRIL 7, 2011

Also, the business is primarily on CD-ROMs right now, but the good news is that the CD-ROM product is selling and generating revenue. It could be a good business to bootstrap the social/mobile edutainment business with. The good news, again, is that this business is generating revenues.

Malaysia 114

Malaysia Incubator Silicon Valley Entrepreneur 114

Steve Blank

NOVEMBER 5, 2009

A Progress Graph on the right visually shows how far you’ve come (in whatever units of goodness you’re tracking – revenue, units, users, etc.) Hopefully this will get more bootstrapping entrepreneurs focusing on making money instead of raising money. Get back up and running. thanks for the reminder.

Customer Development 262

Customer Development Developer Customer Silicon Valley 262

www.readwriteweb.com

OCTOBER 18, 2010

These are areas that may be gaps in the portfolio of large companies, and are perfect for M&A deals in three to five years after building enough validation and $10-$20 million in revenue. Raymond has built a nice business through efficient distribution deals and will do about $250,000 in revenue this year.

Marketing 52

Marketing Bootstrapping Incubator Angel Investor 52

www.readwriteweb.com

OCTOBER 18, 2010

These are areas that may be gaps in the portfolio of large companies, and are perfect for M&A deals in three to five years after building enough validation and $10-$20 million in revenue. Raymond has built a nice business through efficient distribution deals and will do about $250,000 in revenue this year.

Marketing 52

Marketing Bootstrapping Incubator Angel Investor 52

Software By Rob

MARCH 26, 2015

I started embracing it as a framework on my podcast around 2010, and in 2013 I gave it a name. I decided it was time to put pen to paper and lay out what I see as a repeatable path with a higher-than-normal success rate, to bootstrapping yourself to the point of quitting your job. I call it The Stairstep Approach.

Bootstrapping 41

Bootstrapping Technical Review SEO Revenue 41

Hearpreneur

NOVEMBER 30, 2018

In 2010, I founded my company Studio Proper, a product design studio, and created the Wallee , referred to as the “Real Apple TV” by TechCrunch and the first of many Apple product solutions that elevate and simplify the consumer experience. In terms of how to run your business, whether money is tight or plentiful, bootstrap ALWAYS.

Design 56

Design Entrepreneur Cofounder Bootstrapping 56

Software By Rob

MARCH 26, 2015

I started embracing it as a framework on my podcast around 2010, and in 2013 I gave it a name. I decided it was time to put pen to paper and lay out what I see as a repeatable path with a higher-than-normal success rate, to bootstrapping yourself to the point of quitting your job. I call it The Stair Step Approach.

Bootstrapping 36

Bootstrapping Technical Review SEO Revenue 36

The Entrepreneurial Mind

FEBRUARY 18, 2010

Small Business Outlook 2010" is a study issued by Forbes Insights , in association with CIT (the full study is available free on-line, but you do need to register to see it). Those entrepreneurs who have been able to make the hard decisions and get back to their bootstrapping roots have survived the first phase of the recession.

Small Business 40

Small Business Bootstrapping SBA Washington 40

K9 Ventures

SEPTEMBER 24, 2009

I was bootstrapping the company and started with $5,000 that I had saved up from a prior summer internship. This meant that I had to either show enough revenue, or find investors who would be willing to put money into the company.

United States 114

United States Founder India Venture Capital 114

Tim Keane

JULY 16, 2007

I just talked to a business owner the other day who has grown her startup nicely - 15% a year or so - up to revenue of a bit over $2.5MM. in new revenue. On revenue of $2.5MM, thats a 24% increase just to pay the bank.). in new revenue. On revenue of $2.5MM, thats a 24% increase just to pay the bank.). March 2011.

Wisconsin 60

Wisconsin Angel Investor Bootstrapping Startup 60

Duct Tape Marketing

JUNE 27, 2017

We came together in 2010. As a bootstrap company without investors we always have to use cash flow as our development and maintenance funds. We got to thousands of customers and millions in recurring revenue. That was a company founded by Brian Gardener who is a principle here in Rainmaker Digital.

Community 39

Community SEO Technical Review Audience 39

Tim Keane

JUNE 8, 2009

  An example of that is pre-revenue science start-ups with grant funding.  Posted at 09:23 AM in Bootstrapping | Permalink.   An example of that is pre-revenue science start-ups with grant funding.  October 2010. September 2010. Bootstrapping.   (Not often, but sometimes.) 

Wisconsin 60

Wisconsin Bootstrapping Angel Investor Startup 60

Professor VC

JULY 31, 2008

The artists received very little of album sales, but kept concert and merchandise revenue. The artists received very little of album sales, but kept concert and merchandise revenue. September 6, 2010 7:42 AM. The artists had very few sales of albums, but gave a concert and commodity revenue. ► 2010. (7).

San Jose 28

San Jose Software Review Angel Investor Silicon Valley 28

Software By Rob

MARCH 26, 2015

I started embracing it as a framework on my podcast around 2010, and in 2013 I gave it a name. I decided it was time to put pen to paper and lay out what I see as a repeatable path with a higher-than-normal success rate, to bootstrapping yourself to the point of quitting your job. I call it The Stairstep Approach.

Bootstrapping 27

Bootstrapping Technical Review SEO Revenue 27

Tim Keane

OCTOBER 8, 2012

At this point, RTMS had one customer paying them what amounted to all of their annual revenue - plus or minus $500,000 I think. At this point, RTMS had one customer paying them what amounted to all of their annual revenue - plus or minus $500,000 I think. October 2010. September 2010. Bootstrapping. March 2011.

Wisconsin 68

Wisconsin Entrepreneur Illinois Startup 68

Tim Keane

OCTOBER 2, 2007

In reality, the ability to estimate growth based on revenue for a new venture is low. In reality, the ability to estimate growth based on revenue for a new venture is low. October 2010. September 2010. Bootstrapping. March 2011. Categories. Angels and Advisors. Creating The Opportunity. Funding startups.

Business Model 60

Business Model Wisconsin Angel Investor Bootstrapping 60

Tim Keane

JUNE 21, 2011

 By this time (in six months) we will be getting 20 orders per day from these two callers and our revenue will stabilize at that rate.  By this time (in six months) we will be getting 20 orders per day from these two callers and our revenue will stabilize at that rate. October 2010. September 2010. March 2011.

Forecast 68

Forecast Business Plan Sales Wisconsin 68

Rob Go

JANUARY 16, 2013

Today, it was reported that Lynda raised $103M after bootstrapping itself to over $100M in revenue. Remember, this was way in the pretty early days for Kahn Academy and way before online education was considered “hot” At that point, I was focused on seed stage investing, so never pursued the company. Really impressive.

Seed Stage 38

Seed Stage Chicago Aggregator Bootstrapping 38