Startup Professionals Musings

JULY 14, 2014

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.

Entrepreneur 283

Entrepreneur Intellectual Property Technical Review Incubator 283

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.

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. Apply for contests and business grants. Commit to a major customer.

Intellectual Property 134

Intellectual Property Technical Review Startup Incubator 134

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

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. Your product is designed with natural tripwires to trigger other pricing ( Freemium model ), or not (business model left as an exercise to your future self). Even bootstrapped businesses can make this work (e.g.

Bootstrapping 294

Bootstrapping Technical Review B2C Sales Cycle 294

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 132

Intellectual Property Angel Investor Business Model Bootstrapping 132

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. Apply for contests and business grants.

Entrepreneur 120

Entrepreneur Intellectual Property Technical Review Incubator 120

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

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% This is why even a bootstrapped company with no desire to “scale” still benefits from being in a large and growing market.

Business Model 120

Business Model Affiliate Startup Bootstrapping 120

Startup Professionals Musings

OCTOBER 7, 2022

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. Can you justify your use of funds to this investor?

Preferred Stock 304

Preferred Stock Exit Strategy Equity Angel Investor 304

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. These days, the costs to start a business are at an all-time low, and over 80% of startups are self-funded (also called bootstrapping).

Equity 266

Equity Startup Small Business Administration SBA 266

ReadWriteStart

JUNE 16, 2011

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. The company already has paying customers and a validated business model. Zendesk is heavily financed by Benchmark and Charles River and has 10,000 customers.

India 123

India Bootstrapping Non-Compete Entrepreneur 123

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

Professor VC

MARCH 10, 2009

Bootstrapping 101. I moderated a panel discussion last night on one of my favorite topics, bootstrapping, as part of our Silicon Valley Center for Entrepreneurship Eminent Speaker Series at San Jose State. They have a standard presentation on bootstrapping, which they present around the country. Bootstrapping 101.

Bootstrapping 28

Bootstrapping San Jose Silicon Valley Software Review 28

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. These days, the costs to start a business are at an all-time low, and over 80% of startups are self-funded (also called bootstrapping).

Equity 436

Equity Small Business Administration SBA Syndicate 436

Startup Professionals Musings

JANUARY 4, 2020

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. Can you justify your use of funds to this investor?

Startup 337

Startup Preferred Stock Exit Strategy Equity 337

The Entrepreneurial Mind

APRIL 29, 2010

My Friend Ami Kassar (formerly with ideablob, which died when Advanta went bankrupt) offers a great bootstrapping story. Fresh off his pink slip from Advanta, Ami used bootstrapping to navigate his way through using the market to help refine and develop his new business model behind his venture MultiFunding.

Bootstrapping 40

Bootstrapping Business Model Philadelphia Internet 40

crowdSPRING Blog

MARCH 10, 2011

Bootstrapped, Profitable, & Proud: Braintree – [link]. Bootstrapped, Profitable, & Proud: Braintree – [link]. Facebook comments: Pros and cons for business – [link]. Bizarre to see agencies blaming clients for agencies’ failure to evolve their business models – [link].

Social Media 94

Social Media Small Business Design Media 94

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. Takeaway lesson: A shocking number of technology startups never even get their first product out the door.

Private Equity 94

Private Equity Pre-Money Valuation Equity Startup 94

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

Spencer Fry

MAY 2, 2014

Anyone who works in product development will know that ten months is an eternity. Unfortunately, it’s just the nature of product development — and especially so when you’re working with part-time people —that deadlines are missed and work takes much longer than you expected. Why Bootstrapping is Good and Bad. Never again.

Bootstrapping 57

Bootstrapping Revenue Forecast Product Development 57

Hearpreneur

SEPTEMBER 15, 2019

She found her audience and her business model and focused on scaling her concept and she made it work. But, his tenacity is impresive: he pulled himself back up by the bootstraps, and founded Nextiva which today generates more than $100M ARR. She is the ultimate turnaround success story for me! 2- Flickr and Slack.

Entrepreneur 73

Entrepreneur Bankruptcy Bootstrapping B2B 73

The Entrepreneurial Mind

NOVEMBER 2, 2011

An amazing story of what bootstrapping and building the right team can accomplish. Most of the founders are still with the company helping to take the core technologies they developed in Deimos into other markets and other applications. There is a great description of how far they have taken their business model on their website.

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Bootstrapping Spain Global Business Model 60

The Entrepreneurial Mind

JANUARY 11, 2011

One of the limitations of Osterwalder's canvas for business modeling is that is can get a bit clumsy for lean start-ups that are bootstrapped. and specifically my type of business - web apps. partners or a customer relationship model. For instance, before.

Business Model 61

Business Model Lean Bootstrapping Web 61

ReadWriteStart

SEPTEMBER 23, 2010

Today she is operating at a 30,000 feet level, and I am concerned that unless she gets down to earth and develops more granular and specific strategies, she will not get anywhere. Her upcoming campaign of reaching out to 100,000 moms will be one of the first concerted efforts to actually test her business model. PowerStores.in.

India 114

India Silicon Valley Incubator Bootstrapping 114

The Next Web

SEPTEMBER 22, 2013

When I started Shapeways, complex software needed to be built and when I first reached out to developers, a lot of them laughed and told me it was impossible. Bootstrapping can be fun, you get to iterate quickly, turn on dimes, invent new features on the fly. Don’t listen. Always push for yes! Jack McDade , Founder of Statamic.

Cofounder 164

Cofounder Founder Startup Bootstrapping 164

thenetsetter.com

OCTOBER 23, 2010

Archives Team Badges & Banners Netsetter Directory Twitter Updates Email Updates Rss Updates Do You Need to Be a Developer to Found a Web Startup? Collis Taeed 16th March Business Models 9 Comments One of the best sources of information on startups is the obscenely talented Paul Graham who has written a wealth of essays on the subject.

Web 40

Web Technical Review Developer Cofounder 40

The Entrepreneurial Mind

NOVEMBER 22, 2010

Entrepreneurs need to spend much less time at their computer imagining their new business and more time out engaging with real, live customers. A good bootstrapping startup strategy is to start small and start simple. Use real customers to test the assumptions of your business model. Adapt, based on what you learn.

Business Model 77

Business Model Nashville Customer LLC 77

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

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. Investors expect nothing less than a full-time commitment, even in the early stages when the business model has not yet been proven.

Bootstrapping 120

Bootstrapping Entrepreneur Startup Exit Strategy 120

Startup Professionals Musings

NOVEMBER 9, 2015

Bootstrapping not only reduces cash needs, but increases commitment. You don’t want to risk your own money on development. Hitting a broad market initially with multiple fully-featured products and a huge marketing campaign is a recipe for disaster that bootstrapped startups never try.

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Bootstrapping Cofounder Equity Agile 120

ReadWriteStart

DECEMBER 2, 2010

Well, 1M/1M is focused on helping businesses generate $1M in annual revenue, whatever be the nature of the business. We see a lot of businesses that can be characterized as social enterprises, ranging from education to rural development businesses. Also, the business model for the business is unclear.

India 116

India Green Silicon Valley Massachusetts 116

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.

Management 120

Management Cofounder Startup Bootstrapping 120

ReadWriteStart

NOVEMBER 19, 2010

However, 1M/1M is a development economics project. First up today was Yogesh Sharma presenting Rangrut.com , a business that connects employers with learning institutions and on-campus students to fill job openings. The crux of the discussion revolved around segmentation and business models.

Silicon Valley 114

Silicon Valley Technical Review Startup Early Stage 114