Startup Professionals Musings

OCTOBER 30, 2017

Generally, as a new business advisor, I recommend advance preparation of an executive summary, a pitch deck, short business plan, and lots of practice and passion. Many entrepreneurs see fund raising as a part-time task, behind high-priority solution development efforts. Methodically address every obstacle head on.

Technical Review 220

Technical Review Accredited Investor Due Diligence Equity 220

Startup Professionals Musings

JULY 5, 2023

Some entrepreneurs start polling venture capitalists for that multi-million-dollar investment before they even have a business plan. Every entrepreneur needs help and support along the way, from developing the initial idea, to selling off the successful business (exit strategy).

Incubator 305

Incubator Startup Exit Strategy Institutional Investors 305

Startup Professionals Musings

JUNE 25, 2012

For example, with any outside investment, you give up some ownership and control, and with bootstrapping your growth curve will likely be longer and more organic. Yet, I find that startup founders often fixate on one or two sources, often to the detriment of their business. Related sources include local business development agencies.

Technical Review 257

Technical Review Bootstrapping Venture Capital Incubator 257

Up and Running

SEPTEMBER 29, 2022

While you may be enamored with becoming an entrepreneur and bootstrapping your business, don’t quit your day job. Instead, start your business off as a side hustle. Just be sure that you have a backup plan if your business idea fails to gain traction. Prepare a business plan. Find the right partners.

Forecast 154

Forecast Software Review Bootstrapping Finance 154

YoungUpstarts

AUGUST 24, 2015

Espousing that borrowing money and debt are optional, the book proposed that entrepreneurs starting such businesses were more interested in the lifestyle it offered rather than making oodles of cash. For example, Restaurant: From “Food and drinks” to “Relax and let us take care of you after a busy day”. 3 One-page business plan.

Technical Review 100

Technical Review Software Review South Carolina Startup 100

Startup Professionals Musings

NOVEMBER 18, 2011

Any credible software developer should be willing to tackle this kind of tool for a couple of thousand dollars. The logic behind all these features is millions of lines of code, and cost millions of dollars to develop and maintain. A simple example might be mortgage calculator to add to your real estate sales site.

Hosting 248

Hosting Bootstrapping .Net Social Network 248

Startup Professionals Musings

JANUARY 10, 2013

Any credible software developer should be willing to tackle this kind of tool for a couple of thousand dollars. The logic behind all these features is millions of lines of code, and cost millions of dollars to develop and maintain. A simple example might be mortgage calculator to add to your real estate sales site.

eCommerce 196

eCommerce Hosting Bootstrapping .Net 196

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.

Startup 187

Startup Institutional Investors Angel Investor Bootstrapping 187

joel.is

MARCH 8, 2011

Lessons shared by Joel Gascoigne , a fledgling entrepreneur and contract web developer currently based in Birmingham, UK. 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.

Bootstrapping 41

Bootstrapping Burn Rate Startup Web Development 41

A Smart Bear: Startups and Marketing for Geeks

JULY 12, 2010

Software patents are especially useless for small, bootstrapped startups. And even you could work 70 on-task hours per week, that's still blown away by 10 developers at a funded company or even 10 passionate open source developers working part-time. It should be part of your business plan that other people will copy you.

Intellectual Property 319

Intellectual Property Bootstrapping Software Review Open Source 319

Startup Professionals Musings

MARCH 16, 2011

For example, with any outside investment, you give up some ownership and control, and with bootstrapping your growth curve will likely be longer and more organic. Yet, I find that startup founders often fixate on one or two sources, often to the detriment of their business. Related sources include local business development agencies.

Technical Review 233

Technical Review Bootstrapping Startup Venture Capital 233

Startup Professionals Musings

OCTOBER 12, 2020

Some entrepreneurs start polling venture capitalists for that multi-million dollar investment before they even have a business plan. Every entrepreneur needs help and support along the way, from developing the initial idea, to selling off the successful business (exit strategy).

Incubator 429

Incubator Startup Exit Strategy Institutional Investors 429

The Startup Magazine

JUNE 4, 2023

This blog post will discuss four creative ways to finance your small business! Bootstrapping Bootstrapping is when a business finances itself without outside help. Bootstrapping is a great option for businesses that are just starting out and don’t have much revenue coming in yet.

Finance 109

Finance Revenue Small Business Bootstrapping 109

Startup Professionals Musings

SEPTEMBER 16, 2010

Any credible software developer should be willing to tackle this kind of tool for a couple of thousand dollars. The logic behind all these features is millions of lines of code, and cost millions of dollars to develop and maintain. A simple example might be mortgage calculator to add to your real estate sales site.

Cost 220

Cost Startup Hosting Bootstrapping 220

Startup Professionals Musings

JANUARY 30, 2017

Most people believe that the hard part is coming up with the idea, and the easy part is turning it into a business. Yet, in my experience as a mentor to entrepreneurs, the majority of failures I see are related to starting and growing the business, not developing the solution.

Bootstrapping 120

Bootstrapping Metrics Technical Review Entrepreneur 120

Startup Professionals Musings

DECEMBER 9, 2019

Alternatively, with minimal response, you need to rethink your business plan. They don’t get excited by early stage research, development, or marketing hype. Most startups need more money than they anticipated, to grow and expand their business, after development and rollout.

Non-disclosure Agreement 299

Non-disclosure Agreement Angel Investor Bootstrapping SEC 299

Startup Professionals Musings

FEBRUARY 5, 2021

Yet every business requires revenue and volumes, as certainly as it requires a product to sell. Thus, financial projections for up to five years are a necessary element in every business plan. External investors will demand a financial forecast, but it’s equally valuable to you, even if bootstrapping.

Forecast 369

Forecast Burn Rate Startup Widget 369

Gust

JUNE 17, 2012

For example, with any outside investment, you give up some ownership and control, and with bootstrapping your growth curve will likely be longer and more organic. Yet, I find that startup founders often fixate on one or two sources, often to the detriment of their business. Related sources include local business development agencies.

Technical Review 164

Technical Review Bootstrapping Venture Capital Incubator 164

Growthink Blog

JANUARY 3, 2012

Bootstrap as much as you can. Bootstrapping is the process of running your business with no outside financing. While you clearly can't accomplish as much as if you had outside funds, bootstrapping forces you to get creative and to figure out how to do more with less funds. Develop relationships now.

Bootstrapping 108

Bootstrapping Venture Capital Finance Business Plan 108

YoungUpstarts

MAY 6, 2019

According to Lee M Von Kraus, PHD and a mentor at Clarity.fm, “Early stage startups are usually pre-money startup that are bootstrapping the early development of a product.”. Product development. Now that you have a refined product idea and a team that can turn this idea into reality, the product development stage will start.

Startup 113

Startup Technical Cofounder Merger Early Stage 113

Up and Running

AUGUST 5, 2013

No strategy is ‘one size fits all,’ and all entrepreneurs should take the necessary steps to plan ahead and build a foundation for where their business is heading. Lean startups —also called “bootstrapping” startups—build as they grow, rather than accepting huge investments early on in their development.

Lean 82

Lean Business Plan Bootstrapping Startup 82

Up and Running

NOVEMBER 26, 2018

Actually, banks don’t finance business startups. Banks aren’t supposed to invest depositors’ money in new businesses. Myth #3: Business plans sell investors. A well-written and convincing business plan (and pitch ) presents your business to investors in detail; but they are investing in your business, not just a plan.

SBA 161

SBA Venture Capital Angel Investor Technical Review 161

Startup Professionals Musings

MARCH 1, 2010

For example, with any outside investment, you give up some ownership and control, and with bootstrapping you growth curve will likely be longer and more organic. Yet, I find that startup founders often fixate on one or two sources, often to the detriment of their business. Related sources include local business development agencies.

Technical Review 149

Technical Review Bootstrapping Startup Venture Capital 149

Up and Running

JUNE 4, 2018

Presumably, you do actually want to complete and pass the courses you’re paying for, so it’s important to balance your time and ensure you don’t allow your business plans to eclipse your reason for being at university in the first place. It’s easier to bootstrap. These include: 1. Use college systems with care.

Bootstrapping 66

Bootstrapping Colorado Internet Software Review 66

Up and Running

MAY 10, 2012

We actually consult with each client, and tend to become an extension of their marketing team or development office.” ” By August they had filed their incorporation paperwork and started marketing their new business. million in grants to emerging businesses since 1999.

Small Business 142

Small Business Advisory Board Employee Entrepreneur 142

A Smart Bear: Startups and Marketing for Geeks

OCTOBER 11, 2010

Great," I always exclaim, sharing the thrill of modern software development, "so how will people find out about this brilliant website?". WhenBusy is a bootstrapped startup that lets people schedule meetings with you in currently-available time-slots without you having to share your calendar [disclosure: I'm an advisor].

Software Review 261

Software Review Technical Review Viral Software Developers 261

Up and Running

OCTOBER 1, 2014

What about bootstrapping? When you’re starting a business to build your own luck, you don’t often have a lot of start up capital. This is a process she went through first hand, deciding on the fresh direction for her business as they went into development a new product. Plan ahead. ” Nelson says.

Bootstrapping 107

Bootstrapping Cofounder Portland Burn Rate 107

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. Getting funded and writing a business plan.

SBA 60

SBA Technical Review Software Review Business Plan 60

YoungUpstarts

MAY 29, 2017

by Rhonda Adams, president and founder of PlanningShop and author of “ Successful Business Plan: Secrets & Strategies “ Small business owners never seem to have enough hours in the day to complete all the tasks on our to-do lists — developing new products, searching for new customers, training employees, closing the sale.

Bootstrapping 140

Bootstrapping Syndicate Syndication Small Business 140

Startup Professionals Musings

DECEMBER 28, 2018

Some entrepreneurs start polling venture capitalists for that multi-million dollar investment before they even have a business plan. Every entrepreneur needs help and support along the way, from developing the initial idea, to selling off the successful business (exit strategy).

Incubator 236

Incubator Exit Strategy Institutional Investors Angel Investor 236

Up and Running

JULY 1, 2015

No matter what your idea is, one of these options is likely to be a perfect fit for your new business’s cash needs. Bootstrapping. Personally funding your startup doesn’t have to mean using your own money to pay for the initial startup costs and development of your business. At the end of the day, every cent counts!

Bootstrapping 60

Bootstrapping Angel Investor Venture Capital Finder 60

Gust

JUNE 19, 2012

For example, with any outside investment, you give up some ownership and control, and with bootstrapping your growth curve will likely be longer and more organic. Now, with open source software components, and low-cost development tools, the same job can be done by one good hacker for a few thousand dollars. June 17th, 2012.

Startup 180

Startup Forecast Angel Investor Software 180

Tim Keane

MARCH 9, 2011

How to prepare a sales forecast for a business plan » March 09, 2011. Can you bootstrap your way to positive cash flow?   If the answer is relatively soon, then bootstrapping is a very serious consideration.  In other words, the need for acceleration isn’t in conflict with bootstrapping – it is step two. 

Finance 83

Finance Bootstrapping Startup Equity 83

The Next Web

SEPTEMBER 22, 2013

While you are working away on your business plan, looking for ways to raise capital, finding the right people to hire, etc., 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. Don’t listen. Always push for yes!

Cofounder 164

Cofounder Founder Startup Bootstrapping 164

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. A limited budget makes for a better business plan. Flaws in a business plan are often masked by money, but ultimately will kill any startup.

Bootstrapping 120

Bootstrapping Entrepreneur Startup Exit Strategy 120

crowdSPRING Blog

JANUARY 25, 2010

Our hurdle was to develop our own network of investors and we did this the old-fashioned way: one degree of separation at a time. For instance, the pool of software developers is not as deep here as it is in Silicon Valley, and finding the right people, with the right skill-set can be daunting.

Chicago 81

Chicago Silicon Valley Bootstrapping Entrepreneur 81

crowdSPRING Blog

DECEMBER 7, 2012

Business Plans Are an Historic Artifact | WSJ – [link]. Micro VC’s and Super Angels Two Years Later – Looking Back and Some Predictions for the Future | Business Insider – [link]. The Series A Crunch: One More Reason to Bootstrap and Skip Venture Capital | Enterprise Irregulars - [link].

Social Media 104

Social Media Small Business Design Media 104