Startup Professionals Musings

AUGUST 25, 2023

By far, the majority of new businesses I know are self-funding (bootstrapped) from your own savings and prior assets. Take advantage of inexpensive tools to gather data and provide analytics. The remainder use outside funding, including crowdfunding, friends and family, banks, and investors.

Intellectual Property 245

Intellectual Property Social Media Angel Investor Metrics 245

The Startup Magazine

MARCH 29, 2024

Use analytics tools to gather information and monitor the landscape you’re about to enter. Whether it’s through bootstrapping, seeking angel investors, or applying for grants, explore all options available to you. Analyse trends, consumer behaviours, and potential challenges. Don’t underestimate the power of data.

Intellectual Property 130

Intellectual Property Angel Investor Business Model Bootstrapping 130

SoCal CTO

MAY 21, 2012

Many of the factors are not obvious and include building mystery to drive margin, why boring B2B companies often win but are challenging in other ways, how bootstrapping wins, integrating metrics from the start and many other similar lessons.

Fractional CTO 175

Fractional CTO CTO Hire Startup Social Network 175

Up and Running

OCTOBER 1, 2014

At this point, it’s Nelson and new cofounder of her latest venture Jason Champion gearing up to break new ground in video analytics (Bradford now stays on in an advisory capacity). What about bootstrapping? ” The post Dragons, Bootstrapping and Women in Tech appeared first on Bplans Blog. ” Nelson says.

Bootstrapping 107

Bootstrapping Cofounder Portland Burn Rate 107

ReadWriteStart

NOVEMBER 3, 2011

Having turned down all overtures for investment, Zoho continues merrily on in its bootstrapping path. Statisco Economic Analytics. Then Prashant Singh from Bangalore, India, discussed Statisco Economic Analytics , a risk management technology for managing company balance sheets, interfacing with their ERP systems.

North Carolina 116

North Carolina San Diego Entrepreneur Balance Sheet 116

Transformify

MAY 28, 2018

About you You are a skilled C++ 3D Graphics developer, a problem solver, a creative and analytical thinker who enjoys the security of regular projects and values the advantages of working remotely. You communicate well in English, take pride in producing your best work and deliver on schedule.

Developer 40

Developer North America Java Software Review 40

YoungUpstarts

JUNE 17, 2013

Become a Google analytics expert. Here’s a look at what a founder should be able to do: Development. Write Code. Build a server. Design a splash page. Assemble an email blast. Develop and track a funnel. Make decisions off cohort tracking. Write a blog post. Deliver a keynote. Build Links. Conduct customer interviews. Segment a market.

Advisory Board 279

Advisory Board Balance Sheet Term Sheet Entrepreneur 279

ConversionXL

JANUARY 9, 2019

Google Analytics insights frequently end with raw counts of goal completions, leaving a yawning gap between on-site behavior and sales for companies with long sales cycles. Analytics incentivize behavior. Those interactions occur across teams (marketing, sales, customer support) and platforms (analytics, CRM, email). Why bother?

Sales Cycle 127

Sales Cycle Bootstrapping Conversion Web 127

YoungUpstarts

DECEMBER 15, 2016

It is uncommon for startups, especially new ones, to limit their expenses and bootstrap. According to studies by the Villanova University and its online Master of Science in Analytics program , however, there are still several types of tax a startup must pay in order to operate legally.

Capital Gains 100

Capital Gains Bootstrapping Startup Analytics 100

Austin Startup

MARCH 3, 2018

Room 213 Bootstrap Meetup with Austin Startup Scene Godfather Bijoy Goswami This Meetup is for entrepreneurs in all fields?—?tech, Bootstrapping allows you to get started on your venture with whatever resources are at hand. March 10, 2018 5:00PM?—?6:00PM 6:00PM JW Marriott?—?Room tech, film, music, publishing, etc.

Technical Review 58

Technical Review Silicon Valley Texas Austin 58

Up and Running

SEPTEMBER 19, 2017

Rule 1: Bootstrap until you have a viable product. Background: Justin Klemm’s analytics and website uptime startup, Ghost Inspector , wants to revolutionize the way businesses manage their ecommerce funnels.

Private Equity 94

Private Equity Pre-Money Valuation Equity Startup 94

The Startup Lawyer

MARCH 8, 2010

BI/data/analytics, gaming/simulation, etc. Capital: Needing seed capital to support living expenses while bootstrapping, can make efficient use of limited capital, would generally be planning on self/angel/customer financing as a next step coming out of the program. Technology: Web, SaaS, open source, data integration, middleware, etc.

Technical Review 40

Technical Review Dallas Seed Capital Angel Investor 40

The Startup Lawyer

MARCH 8, 2010

BI/data/analytics, gaming/simulation, etc. Capital: Needing seed capital to support living expenses while bootstrapping, can make efficient use of limited capital, would generally be planning on self/angel/customer financing as a next step coming out of the program. Technology: Web, SaaS, open source, data integration, middleware, etc.

Technical Review 40

Technical Review Dallas Seed Capital Angel Investor 40

ReadWriteStart

NOVEMBER 19, 2010

His analytics product links back to online coupons used, for example, to help restaurants see what did or did not work and plan for future promotions. As for acquiring customers, so far he has used Internet marketing, and they have just started a partnership with a large reseller of restaurant management software, which is great.

Silicon Valley 114

Silicon Valley Technical Review Startup Early Stage 114

Hunter Walker

MARCH 19, 2016

He’s analytical. Bootstrapping is sexy! As for the second time, it was much more considered, and I think in the time between I asked myself woah that did work, why? We’re incredibly complementary. He’s the builder. I’m the storyteller. I’m relational. On meyers briggs, we test as almost complete opposites (he’s INTJ, I’m ENFP).

Bootstrapping 48

Bootstrapping Cofounder Founder Guinea 48

The Next Web

NOVEMBER 16, 2013

A few years ago, this is where you would sink all your hard earned bootstrap cash – but these days our friends at Amazon have given you a bunch of free hosting and space to get your next venture launched at no cost. The ability to drive user demand for your product through data analytics and testing to improve its conversion rate.

Cofounder 159

Cofounder Analytics Java PHP 159

Hunter Walker

JUNE 10, 2016

We’ve bootstrapped since we launching. Everything in our studio runs off iPads. We’ve tried several loyalty programs, but haven’t found anything that really works well. As virtual reality becomes more pervasive we’d love to use it to help people paint more!

Technical Review 50

Technical Review Equity SBA Software Review 50

YoungUpstarts

OCTOBER 24, 2018

Unless you have some serious startup capital, chances are you’re going to want to bootstrap as much as you possibly can. There are likewise tons of CRM, social media, email and analytics tools if you’re strapped for cash. Figure Out Your Budget. Determine What You’re Going to Sell.

Intellectual Property 124

Intellectual Property Due Diligence Startup Social Media 124

Feld Thoughts

JULY 15, 2014

We recently funded Blinkfire Analytics using our FG Angels Syndicate. In addition to bootstrapping his new company forever (since he’s a multi-time successful entrepreneur), Steve could easily raise an angel round any time he wanted to. I was an investor and on the board of FeedBurner, which is how I got to know Steve.

Syndicate 148

Syndicate Syndication Cap Table Due Diligence 148

Hunter Walker

JUNE 10, 2016

We’ve bootstrapped since we launching. Everything in our studio runs off iPads. We’ve tried several loyalty programs, but haven’t found anything that really works well. As virtual reality becomes more pervasive we’d love to use it to help people paint more!

Technical Review 48

Technical Review Equity SBA Software Review 48

David Teten

AUGUST 19, 2019

The RBI investment model better aligns incentives between VCs and a founder who chooses to bootstrap. However, according to Bryce Roberts, co-founder of Indie.VC, only 0.6% of founders raise VC; the other 99.4% of founders can’t or don’t want to build a business that way.

Revenue 60

Revenue Term Sheet Founder Technical Review 60

Software By Rob

FEBRUARY 2, 2011

To understand the idea of traffic half-life, look at this Google Analytics screen shot from 6 weeks ago for traffic coming from Hacker News : Notice the spike and the decay. Given the above we can gather some interesting realizations: Realization #1: If you’re bootstrapping, don’t plan to advertise. Very rapid.

Viral 55

Viral Software Review RSS Bootstrapping 55

Up and Running

NOVEMBER 6, 2014

One is Google Analytics Training: Using GA for actionable insights , that is all about how to take data from Google Analytics and turn it into marketing strategy. Valuable information if you are bootstrapping or on a shoe string budget. Have you ever taken a great online marketing class? Tell us about it in the comments!

Small Business 147

Small Business Marketing India Massachusetts 147

YFS Magazine

FEBRUARY 22, 2019

Periscope Data is emerging as a quiet juggernaut, one of those rare, ultra-relevant startups that also packs a ton of heart and hustle.

Bootstrapping 64

Bootstrapping Startup Analytics 64

blog.alinelerner.com

JUNE 21, 2013

We need to start thinking analytically about these things, and I hope that publishing this data is a step in the right direction. Or I can spend a year bootstrapping a startup in my off hours and get it up to tens of thousands of users. What can change, however, is how they do the filtering.

CTO Hire 98

CTO Hire Hiring Software Review Technical Review 98

ReadWriteStart

OCTOBER 28, 2010

IDES is an analytics enhancement for fraud prevention systems addressing the credit card fraud market. Cristina currently has a couple of large customers in pilot mode, and is starting to show metrics on how much improvement IDES can deliver over existing analytics engines. And these pilots will pay for her early bootstrapping phase.

Partner 117

Partner Belgium Portugal Bootstrapping 117

VC Cafe

OCTOBER 16, 2010

Mixpanel – analytics. Google Analytics – more analytics. link] – analytics dashboard. How do bootstrapped companies hire talent? How much should it cost for a bootstrapped, lean startup to incorporate (or form an LLC)? Google Apps – email, calendar, mailing lists. link] – crm.

Option Pool 88

Option Pool Analytics LLC Startup 88

ReadWriteStart

DECEMBER 16, 2010

The trends include Cloud computing, outsourcing, social Web, vertical and local Web, smartphones and tablets, online advertising, online video, online gaming, e-books, and bootstrapped entrepreneurship. As for the entrepreneur pitches, first up today was Bhupendra Kanal with InRev , a social CRM analytics company.

Senegal 117

Senegal Nevada Bootstrapping Silicon Valley 117

YoungUpstarts

JULY 8, 2014

Fund R&D: Bootstrapped raising funds is far ‘cheaper’ than debt or equity. Some of the primary reasons so many businesses have turned to it include: - Prove Market Demand: Determine whether a potential customer base exists before producing your product.

Campaign 216

Campaign Channel Bootstrapping Database 216

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." Vishal showed a terrific demo that was full of cool features but completely out of context.

Networking 115

Networking Partner Entrepreneur Bootstrapping 115

ReadWriteStart

DECEMBER 8, 2010

The blog Bootstrapping Independence recently posted a very thorough list of some additional resources and reminders for building a detailed launch plan. Install Analytics Setup RSS feeds for mentions of my site, or target keywords on blogs, twitter, and other social sites. and include a few new users who haven't seen the product yet.

RSS 121

RSS Startup Bootstrapping Analytics 121

Up and Running

APRIL 24, 2018

It is one of the first few industries to embrace digital technologies such as artificial intelligence, big data analytics, mHealth, wearables, telehealth, and robotics. Bootstrapping or self-funding a healthcare startup is very difficult, as most healthcare starts require considerable investment.

SBIR 73

SBIR Startup Artificial Inteligence Intellectual Property 73

Up and Running

AUGUST 17, 2022

It’s important that you take a step back and give it a good analytical look. And if funding of any kind isn’t in the cards, you shouldn’t discount bootstrapping your business. Even after you receive feedback and have an understanding of why your business idea was rejected, don’t take it at face value. Embrace rejection.

Venture Capital 146

Venture Capital Intellectual Property Angel Investor Bootstrapping 146

ReadWriteStart

FEBRUARY 24, 2011

They should be built organically, bootstrapped, and get to sustainability. Next, Taariq Lewis presented Bizeque, a business analytics company, with the observation that the C-suite at different companies is still unable to access critical business metrics (e.g., A sustainable business = (customer + revenue + profits).

Incubator 116

Incubator Silicon Valley Idaho Entrepreneur 116

Up and Running

OCTOBER 24, 2017

This can easily be accomplished by surveying current and potential business customers, testing focus groups, conducting one-on-one interviews, utilizing social media polls, and observing data through platforms like Google Analytics. This is one of the tradeoffs of getting outside funding. So how do you attract investors?

Entrepreneur 135

Entrepreneur Venture Capital Angel Investor Campaign 135

ConversionXL

MARCH 13, 2013

Analytics should guide your decisions – they should be actionable. They are often much harder to track than just switching on Google Analytics. One of the challenges in tracking actionable metrics is as put by Eric Ries, “ Most analytics packages are configured by default to provide mostly reports on vanity metrics ”.

Metrics 111

Metrics Analytics Aggregator Revenue 111

Startup Lessons Learned

APRIL 18, 2010

Myth: Lean Startups are small bootstrapped startups. They use customer development , split-testing , and actionable analytics as vehicles for learning about how to make their vision successful. Myth: Lean Startups are small bootstrapped startups. Those general managers are entrepreneurs , too.

Lean 167

Lean San Francisco Continuous Deployment Startup 167