Startup Professionals Musings

FEBRUARY 19, 2013

The problem is that professional investors (Angels and Venture Capital) want a proven business model before they invest, ready to scale, rather than the more risky research and development efforts. It always reduces risk to plan your business first. Apply for contests and business grants. Join a startup incubator.

Intellectual Property 309

Intellectual Property Technical Review Venture Capital Startup 309

Startup Professionals Musings

JANUARY 12, 2018

The problem is that professional investors (angels and venture capital) want a proven business model before they invest, ready to scale, rather than early projections and product development. It always reduces risk to plan your business first. Nevertheless, it’s an option that doesn’t cost you equity.

Intellectual Property 134

Intellectual Property Technical Review Startup Incubator 134

A Smart Bear: Startups and Marketing for Geeks

NOVEMBER 5, 2014

It’s often said that you shouldn’t talk about price during customer development interviews. ” 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? Think: GoDaddy). This is a hard slog.

Bootstrapping 294

Bootstrapping Technical Review B2C Sales Cycle 294

Startup Professionals Musings

JULY 8, 2015

The problem is that professional investors (angels and venture capital) want a proven business model before they invest, ready to scale, rather than the more risky research and development efforts. It always reduces risk to plan your business first. Nevertheless, it’s an option that doesn’t cost you equity.

Entrepreneur 120

Entrepreneur Intellectual Property Technical Review Incubator 120

ReadWriteStart

JUNE 1, 2020

Once the order is fulfilled and paid for, the funds can be paid back. ? Research and development. In very few specific cases, depending on the nature of the business, the business model might demand a considerable gestation period or extensive research and development. Bootstrapping. Sources of funding.

Startup 150

Startup Entrepreneur Elevator Pitch Seed Stage 150

The Startup Magazine

MARCH 29, 2024

Designing Your Business Model Crafting a business model is like building a blueprint for your venture. Revenue streams are another critical component of your business model. Will you opt for direct sales, subscriptions, or a freemium model? However, do so with caution and strategic planning.

Intellectual Property 130

Intellectual Property Angel Investor Business Model Bootstrapping 130

Hearpreneur

JANUARY 25, 2023

. #1- Virtual assistance Photo Credit: Abdul Saboor It is my opinion that the need for virtual assistants is great since there is such a high demand for new businesses and there is such a large increase in the number of new enterprises opening their doors. To begin drop-shipping, you must locate a supplier and develop a website.

Software Review 112

Software Review Technical Review Artificial Inteligence Entrepreneur 112

Gust

APRIL 27, 2014

Software Development Process via Wikipedia. Even when your startup is a one-man show and lots of fun, a “business” needs some discipline and controls to keep it from being defined as a hobby by investors, and assure some financial return. Develop your business plan. Product development process. Funding process.

Startup 187

Startup Institutional Investors Angel Investor Bootstrapping 187

Startup Professionals Musings

DECEMBER 9, 2019

This is the realm of the angel investor, who wants to own a piece of the new business, and probably knows how to run it and wants a seat on the Board.For B2B startups, every investor expects to see a proven business model, with a working prototype, and preferably a real customer or two.

Non-disclosure Agreement 299

Non-disclosure Agreement Angel Investor Bootstrapping SEC 299

Startup Professionals Musings

MAY 21, 2023

Find a major customer, or a complimentary business, who sees such value in your idea that they are willing to give you an advance on royalty payments to complete your development. The process is long, but it doesn’t cost you any equity. Variations on this theme include early licensing or white-labeling agreements.

Equity 266

Equity Startup Small Business Administration SBA 266

Startup Professionals Musings

OCTOBER 19, 2015

If you consider yourself a technologist, you probably believe and may be propagating one of the following myths: The first priority for funding should be to develop the technology. Outside investors are most interested in scaling a proven business model, not research and development.

Technical Review 120

Technical Review Intellectual Property Cofounder Bootstrapping 120

Startup Professionals Musings

AUGUST 29, 2020

Find a major customer, or a complimentary business, who sees such value in your idea that they are willing to give you an advance on royalty payments to complete your development. The process is long, but it doesn’t cost you any equity. Variations on this theme include early licensing or white-labeling agreements.

Equity 436

Equity Small Business Administration SBA Syndicate 436

Startup Professionals Musings

OCTOBER 7, 2022

Here is where projections of cost, pricing, volumes and cash flow are critical. If your financial model projects a negative cash flow in this period of $400,000, you should buffer this amount by 25 percent, and ask for $500,000. Be prepared to explain your business model.

Preferred Stock 304

Preferred Stock Exit Strategy Equity Angel Investor 304

ReadWriteStart

JUNE 16, 2011

For the uninitiated, Zoho introduced a CRM system that was one-tenth the price of Salesforce.com and penetrated the lower end of the market using an Indian cost structure. They charge $9, $29 and $59 per agent per month and I am eager to see bootstrapped, scrappy Freshdesk morph their pricing structure to aggressively compete with them.

India 123

India Bootstrapping Non-Compete Entrepreneur 123

ReadWriteStart

JUNE 29, 2020

In other words, you must start bootstrapping an online startup , because the future of the global business world is online. The companies that have the greatest chance of surviving the global economic shutdown are the ones that have pivoted their business processes from the brick-and-mortar model to an online model.

Bootstrapping 85

Bootstrapping Global Startup Hungary 85

A Smart Bear: Startups and Marketing for Geeks

JANUARY 13, 2015

Often your best estimate of any metric or market behavior or business model component is at best accurate within a power of ten, for example “expected conversion rate between 0.5% and 5%” or “cost to acquire a customer between $50 and $500″ or “average monthly revenue per customer between $20 and $200.”

Business Model 120

Business Model Affiliate Startup Bootstrapping 120

Startup Professionals Musings

JANUARY 4, 2020

Here is where projections of cost, pricing, volumes and cash flow are critical. If your financial model projects a negative cash flow in this period of $400,000, you should buffer this amount by 25 percent, and ask for $500,000. Be prepared to explain your business model.

Startup 337

Startup Preferred Stock Exit Strategy Equity 337

Austin Startup

FEBRUARY 13, 2019

Bootstrap if you can, for as long as you can As a startup you’ll likely fail. Not necessarily the entire business, but at some point, something will fail and you’ll either learn from it and grow or it will be the beginning of the end. At this point, we had already developed the first phase of the platform by bootstrapping.

Strategic Investors 49

Strategic Investors Austin Angel Investor Bootstrapping 49

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. That is to say, they’d want to be able to control costs and revenues at a high level.

Private Equity 94

Private Equity Pre-Money Valuation Equity Startup 94

Tim Keane

MARCH 9, 2011

The overarching idea, of course, is to reduce the cost of capital while maintaining appropriate flexibility for the venture.  Business success is the ultimate goal. .  Can you bootstrap your way to positive cash flow?   If the answer is relatively soon, then bootstrapping is a very serious consideration. 

Finance 83

Finance Bootstrapping Startup Equity 83

Startup Professionals Musings

OCTOBER 10, 2018

Find a major customer, or a complimentary business, who sees such value in your idea that they are willing to give you an advance on royalty payments to complete your development. The process is long, but it doesn’t cost you any equity. Variations on this theme include early licensing or white-labeling agreements.

Entrepreneur 240

Entrepreneur Equity Small Business Administration SBA 240

Startup Professionals Musings

NOVEMBER 9, 2015

The cost of entry to entrepreneurship is lower than ever, due to smartphone apps and powerful free tools to create websites and ecommerce offerings. Bootstrapping not only reduces cash needs, but increases commitment. With most solutions, infrastructure cost is overhead you don’t need.

Bootstrapping 120

Bootstrapping Cofounder Equity Agile 120

Up and Running

JULY 10, 2017

Different sources define freemium as a business model or a pricing strategy. What you really should do is to make your premium customers a priority—listen to what they say, what they want, and develop the product according to their needs. However, your pricing options go far beyond freemium and free trial. Freemium isn’t free.

Startup 110

Startup Non-Compete Viral Software Review 110

YoungUpstarts

AUGUST 25, 2016

Yet, if you take too much time to plan, you may never launch your business at all. Recognizing this challenge, we developed a short list of pre-launch steps designed to increase your probability of startup success. The steps focus you on developing your business model.

Bootstrapping 100

Bootstrapping LLC Equity Revenue 100

Startup Professionals Musings

SEPTEMBER 5, 2016

The media tends to highlight experienced entrepreneurs who succeed with early new venture funding, like Uber’s Garrett Camp , but fail to point out the more common bootstrapping successes. Even the best investors will dramatically increase your workload, with daily communication, agreement expectations, and business overhead.

Bootstrapping 120

Bootstrapping Entrepreneur Startup Exit Strategy 120

The Next Web

AUGUST 26, 2013

Today, in steps 10-12 I want to discuss with you raising your first round of money, hiring to develop and maintain your company culture, as well as defining your role in the management of your startup. Raise your first round of money, or bootstrap. There are two ways to start a tech business. People tend to cry, or to get angry.

Management 120

Management Cofounder Startup Bootstrapping 120

Startup Professionals Musings

MAY 4, 2014

Use a simple accounting tool like QuickBooks, get away from co-mingled funds, and you have the first business process you need. Develop your business plan. Write down the key elements of your business plan very early, and keep it current as things evolve. Product development process. Funding process.

Startup 268

Startup Institutional Investors Angel Investor Bootstrapping 268

Startup Professionals Musings

OCTOBER 12, 2014

Find a major customer, or a complimentary business, who sees such value in your idea that they are willing to give you an advance on royalty payments to complete your development. The process is long, but it doesn’t cost you any equity. Variations on this theme include early licensing or white-labeling agreements.

Entrepreneur 283

Entrepreneur Startup Equity Small Business Administration 283

Hearpreneur

DECEMBER 8, 2019

Thanks to Allison R Lancaster, Online Business Solutions by Allison R. 2- Transformative development. 2019 was full of transformative development for Intellifluence. What makes me really proud though is we’ve been 100% bootstrapped for our 3.5 I can’t wait to see what 2020 brings! Lancaster ! #2-

Entrepreneur 115

Entrepreneur Technical Review Vertical Las Vegas 115

Up and Running

MARCH 8, 2016

The thing is, you’re not quite sure what, exactly, is involved in starting a cleaning a business. In this guide, you’ll get a better sense of the industry, what skills you should develop in order to be successful in it, and how to go about starting your own operation. If this is the case, you will need a business plan.

SBA 60

SBA Technical Review Software Review Business Plan 60

David Teten

AUGUST 19, 2019

I’ve been a traditional equity VC for 8 years, and I’m now researching new business models in venture capital. We have a special program if you are pre-seed and need product development. According to Brian Parks, “Bigfoot provides RBI, term loans, and lines of credit to SaaS businesses with $500k+ ARR. Bigfoot Capital.

Revenue 60

Revenue Technical Review Software Review Equity 60

Startup Professionals Musings

JANUARY 31, 2013

Use a simple accounting tool like QuickBooks, get away from co-mingled funds, and you have the first business process you need. Develop your business plan. Write down the key elements of your business plan very early, and keep it current as things evolve. Product development process. Funding process.

Institutional Investors 230

Institutional Investors Angel Investor Bootstrapping Database 230

Startup Professionals Musings

SEPTEMBER 7, 2011

Use a simple accounting tool like QuickBooks, get away from co-mingled funds, and you have the first business process you need. Develop your business plan. Write down the key elements of your business plan very early, and keep it current as things evolve. Product development process. Funding process.

Startup 255

Startup Institutional Investors Angel Investor Bootstrapping 255

Startup Professionals Musings

SEPTEMBER 25, 2016

Find a major customer, or a complimentary business, who sees such value in your idea that they are willing to give you an advance on royalty payments to complete your development. The process is long, but it doesn’t cost you any equity. Variations on this theme include early licensing or white-labeling agreements.

Equity 120

Equity Small Business Administration SBA Syndicate 120

Startup Professionals Musings

AUGUST 1, 2010

Use a simple accounting tool like QuickBooks, get away from co-mingled funds, and you have the first business process you need. Develop your business plan. Write down the key elements of your business plan very early, and keep it current as things evolve. Product development process. Funding process.

Startup 239

Startup Institutional Investors Angel Investor Bootstrapping 239

The Startup Magazine

JANUARY 7, 2019

During that boom, launching a startup was easy, if for a brief moment in time, when capturing the interest of a venture capitalist was a simple as presenting a new idea, and bootstrapping a startup was a realistic option. On the regulatory and legislative front, the industry has seen some positive developments. The industry evolves.

Private Equity 99

Private Equity China Equity Bootstrapping 99

Up and Running

APRIL 24, 2018

For example, having flexible work hours means you can hire talented candidates from different time zones, which will increase your productivity while keeping the costs down. Your health startup business plan should be a tool to guide your growth. At first, you need to focus on developing your business model and validating it.

SBIR 73

SBIR Startup Artificial Inteligence Intellectual Property 73