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The Entrepreneur’s Essentials #8: Bootstrap or VC?

Austin Startup

Although bootstrapping is still an approach in Austin, a lot has changed since I wrote my original challenge to the Bootstrap Austin group back in 2005. Bootstrap Austin, started by Bijoy Goswami. The original Bootstrap Austin was truly special and Bijoy did an amazing job bringing together some terrific entrepreneurs.

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Pricing determines your business

A Smart Bear: Startups and Marketing for Geeks

” How many times have you heard someone agree that “it would be great if someone did X,” but when show them someone did do X, but it costs $39.99, they don’t buy? Even bootstrapped businesses can make this work (e.g. Price is as important as any other feature to determine product/market “fit.”

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Bending Bootstrapping To The Needs Of Your Business

YoungUpstarts

When you are bootstrapping a small business, you are not only the boss, you are also the person that cleans, greets customers, makes sales and, depending on your business, provides the service offered. We found our voice and style as a business and based our marketing and advertising on what we do and how we do it rather than what we charge.

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How to Make Your Lean Startup Work With Almost No Money

ReadWriteStart

One of the best ways to reduce your operating expenses is to reduce or eliminate office costs. If you take your lean startup remote, forgoing a physical office space entirely, you can cut multiple different costs simultaneously. You may be able to bring your rent costs down just by asking. But experience also comes with a cost.

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How To Save Money In Business: 10 Tips For Young Entrepreneurs

YoungUpstarts

You may be able to save on shipping costs, as well. For example, you can replace water coolers with a filtered water pitcher to save on cost. This is one of the best cost-saving ideas for small businesses. If you haven’t been able to save up for your capital, consider bootstrapping your business. Buy Used Furniture.

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14 Tips for Starting a Successful Business

Up and Running

While you may be enamored with becoming an entrepreneur and bootstrapping your business, don’t quit your day job. There’s actually a lot of value in bootstrapping your business. You can be increasing revenue, growing sales, and maybe even cutting costs. Don’t quit your day job. Have enough cash on hand.

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8 Tasks To Prepare You For Starting Your Own Business

Startup Professionals Musings

The cost of entry has never been lower, with new tools to create your own website , and free social media to get your message out everywhere. By far, the majority of new businesses I know are self-funding (bootstrapped) from your own savings and prior assets. Explore multiple sources based on your level of need and risk.