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7 Scenarios Where A Business Plan Is Still An Asset

Startup Professionals Musings

As a startup mentor and investor, I am approached regularly by aspiring entrepreneurs who assert that business plans take too much time, are inaccurate, and rarely add value. Tiny bootstrapped teams usually don’t have a business plan, and probably don’t need one. You need an investor, and want to solicit professionals online.

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10 Incentives For Entrepreneurs To Bootstrap Their Startup

Startup Professionals Musings

Based on the Startup Environment Index from the Kauffman Foundation and LegalZoom a while back, personal money, or bootstrapping, continues to be the primary startup funding source. Eighty percent of new entrepreneurs use this approach, with only six percent using investor funding. Entrepreneurs need to start small and pivot quickly.

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4 Key Components Of Every New Business Financial Plan

Startup Professionals Musings

Most aspiring entrepreneurs understand that you can’t build a business if you won’t commit to delivering a product or service, but many are hesitant or refuse to commit to any financial forecasts. External investors will demand a financial forecast, but it’s equally valuable to you, even if bootstrapping.

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A Perspective On When A Business Plan Adds Value

Startup Professionals Musings

As a startup mentor and investor, I am approached regularly by aspiring entrepreneurs who assert that business plans are a waste of time. They cite sources like the BusinessWeek story, “ Real Entrepreneurs Don’t Write Business Plans ” and this Forbes article. You need an investor, and want to solicit professionals online.

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10 Incentives For Entrepreneurs To Bootstrap Their Startup

Gust

Based on the Startup Environment Index from the Kauffman Foundation and LegalZoom a while back, personal money, or bootstrapping, continues to be the primary startup funding source. Eighty percent of new entrepreneurs use this approach, with only six percent using investor funding. Entrepreneurs need to start small and pivot quickly.

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4 Simple Steps Will Get Startup Financial Projections

Startup Professionals Musings

Most aspiring entrepreneurs understand that you can’t build a business if you won’t commit to delivering a product or service, but many are hesitant or refuse to commit to any financial forecasts. External investors will demand a financial forecast, but it’s equally valuable to you, even if bootstrapping.

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Ways to bootstrap a startup: “working in waves”

joel.is

Lessons shared by Joel Gascoigne , a fledgling entrepreneur and contract web developer currently based in Birmingham, UK. I’d like to share some of my reflections on how to bootstrap a startup from zero funds. Of course, many say that what makes an entrepreneur is having these fears and doing it anyway.