YoungUpstarts

OCTOBER 21, 2012

The title of the book by Jonathan Moules, “ The Rebel Entrepreneur: Rewriting the Business Rulebook “, initially seemed like a form of tautology. Isn’t every entrepreneur a rebel by nature? Moules believes that getting a bank loan to start a business is not ideal. Bootstrap, bootstrap, bootstrap.

Technical Review 184

Technical Review Entrepreneur Bootstrapping Acquisition 184

Startup Professionals Musings

FEBRUARY 15, 2023

If you really want to start a business your way without a boss or professional investor hovering over you, then just fund it yourself or through friends and family, and grow it organically. It’s more possible to bootstrap today than a few years ago, as the cost of entry continues to go down. Practice living on a shoestring budget.

Equity 349

Equity Hockey Stick Bootstrapping Sweat Equity 349

Startup Professionals Musings

DECEMBER 15, 2014

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.

Bootstrapping 276

Bootstrapping Entrepreneur Startup Burn Rate 276

Startup Professionals Musings

OCTOBER 16, 2023

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. Yet every business requires revenue and volumes, as certainly as it requires a product to sell.

Forecast 290

Forecast Burn Rate Widget Business Plan 290

Up and Running

MAY 28, 2015

We recently had Tim Berry, Palo Alto Software founder and business planning expert, present our Bplans audience with his latest advice on lean business planning. It’s all about making your business life easier, doing what works best, getting the best results by tracking what works and always improving.

Lean 60

Lean Business Plan Video Software Review 60

Startup Professionals Musings

SEPTEMBER 8, 2019

For a nonprofit, bootstrapping is self-funding from donations and fund-raising. You still start the process with a business plan, but then you look for a philanthropist rather than an investor. What options do they have available to them, since they can’t sell a share of the company (no equity investment)? Marty Zwilling.

Equity 235

Equity Angel Investor Technical Review Exit Strategy 235

Startup Professionals Musings

MAY 18, 2020

If you really want to start a business your way without a boss or professional investor hovering over you, then just fund it yourself or through friends and family, and grow it organically. It’s more possible to bootstrap today than a few years ago, as the cost of entry continues to go down. Practice living on a shoestring budget.

Hockey Stick 423

Hockey Stick Bootstrapping Sweat Equity Intellectual Property 423

ReadWriteStart

FEBRUARY 18, 2020

While funding is necessary for almost all businesses, seeking it out yourself isn’t necessarily the right path for everyone. Instead, knowing how to bootstrap your startup might be a better option. How to Bootstrap Your Startup. When you bootstrap your startup, you retain full control of the new business.

Bootstrapping 145

Bootstrapping Startup Cofounder Angel Investor 145

Up and Running

SEPTEMBER 29, 2022

Are you starting a business? Not to mention the mental and emotional impact of being an entrepreneur. As you begin your startup journey—consider the following tips to set your business up for success. Download our free Startup Checklist and review the complete guide for starting a small business. Prepare a business plan.

Forecast 154

Forecast Software Review Bootstrapping Finance 154

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

The Next Web

JULY 20, 2013

They speak about how they love to help entrepreneurs build successful companies, yet when I ask them to give me feedback on my business plan or idea, they usually don’t even bother writing me back. Yes, it is true that some entrepreneurs either don’t receive a response or get a pre-made template. VCs are arrogant.

Silicon Valley 124

Silicon Valley Mongolia Technical Cofounder Entrepreneur 124

Startup Professionals Musings

OCTOBER 30, 2017

If you project a sense of desperation, or ignorance of the options and implications, no potential investor will give you the credibility to be your partner in a business. 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.

Technical Review 220

Technical Review Accredited Investor Due Diligence Equity 220

Startup Professionals Musings

APRIL 14, 2014

Sponsored by VISA Business If you have a unique product or service, and you are not selling it around the world on the Internet, now is the time to start. Anyone can be an entrepreneur today, without a huge investment, bank loans, lawyers, venture capitalists, or Angels. business ecommerce entrepreneur startup'

Startup 252

Startup eCommerce Hosting Bootstrapping 252

Startup Professionals Musings

OCTOBER 22, 2018

If you aren’t willing to take some risk as an entrepreneur, then don’t expect any gain. Nevertheless, we can all benefit by understanding a collective view from investors on the high-risk elements that every new business has faced historically based on the team, as well as in the marketplace. Marginal legality or public image.

New York City 202

New York City Silicon Valley Bootstrapping Technical Review 202

Startup Professionals Musings

APRIL 6, 2016

If you really want to start a business your way without a boss or professional investor hovering over you, then just fund it yourself or through friends and family, and grow it organically. It’s more possible to bootstrap today than a few years ago, as the cost of entry continues to go down. Practice living on a shoestring budget.

Bootstrapping 120

Bootstrapping Hockey Stick Sweat Equity Intellectual Property 120

Up and Running

MAY 10, 2012

But sometimes circumstances align and a budding entrepreneur just knows that the time is right to make the leap. For these LivePlan users, the big break came in March when they finished in the top 5 of the 2012 Miller Coors Urban Entrepreneurs Series, a national business plan competition that has awarded over $1.7

Small Business 142

Small Business Advisory Board Employee Entrepreneur 142

Gust

DECEMBER 7, 2014

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.

Bootstrapping 191

Bootstrapping Entrepreneur Startup Burn Rate 191

Startup Professionals Musings

NOVEMBER 18, 2011

Anyone can be an entrepreneur today, without a huge investment, bank loans, venture capitalists, or Angels. The net is that if I see a website business plan today with a projected development cost greater than $200K, I suspect the founder must be including some fancy perks, or they don’t understand the market dynamics of e-commerce today.

Hosting 248

Hosting Bootstrapping .Net Social Network 248

Startup Professionals Musings

NOVEMBER 8, 2014

If you aren’t willing to take some risk as an entrepreneur, then don’t expect any gain. Nevertheless, we can all benefit by understanding a collective view from investors on the high-risk elements that every new business has faced historically based on the team, as well as in the marketplace. Marginal legality or public image.

New York City 254

New York City Silicon Valley Bootstrapping Technical Review 254

Startup Professionals Musings

JANUARY 10, 2013

Anyone can be an entrepreneur today, without a huge investment, bank loans, venture capitalists, or Angels. The net is that if I see a website business plan today with a projected development cost greater than $200K, I suspect the founder must be including some fancy perks, or they don’t understand the market dynamics of e-commerce today.

eCommerce 196

eCommerce Hosting Bootstrapping .Net 196

Gust

APRIL 27, 2014

I’m continually amazed at the number of entrepreneurs who go for months into a new business without really keeping a formal record of money spent or assets acquired. 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.

Startup 187

Startup Institutional Investors Angel Investor Bootstrapping 187

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

YoungUpstarts

FEBRUARY 27, 2014

Many of those business failures close for a variety of reasons, but surprisingly almost half of them (46%) is down to sheer incompetence, and 11% of them because of the lack of experience in the industry.

Bootstrapping 244

Bootstrapping America Business Plan Finance 244

joel.is

MARCH 8, 2011

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.

Bootstrapping 41

Bootstrapping Burn Rate Startup Web Development 41

Startup Professionals Musings

FEBRUARY 5, 2021

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. Yet every business requires revenue and volumes, as certainly as it requires a product to sell.

Forecast 369

Forecast Burn Rate Startup Widget 369

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. 3 One-page business plan. Develop a one-page business plan.

Technical Review 100

Technical Review Software Review South Carolina Startup 100

Startup Professionals Musings

JANUARY 30, 2017

Entrepreneurs are people who dream up new ideas, and then commercialize them into new businesses. Most people believe that the hard part is coming up with the idea, and the easy part is turning it into a business. Formulate and adopt a specific and detailed business plan.

Bootstrapping 120

Bootstrapping Metrics Technical Review Entrepreneur 120

Startup Professionals Musings

SEPTEMBER 20, 2017

For a nonprofit, bootstrapping is self-funding from donations and fund-raising. You still start the process with a business plan, but then you look for a philanthropist rather than an investor. What options do they have available to them, since they can’t sell a share of the company (no equity investment)? Marty Zwilling.

Angel Investor 132

Angel Investor Equity Technical Review Exit Strategy 132

Startup Professionals Musings

SEPTEMBER 16, 2010

Anyone can be an entrepreneur today, without a huge investment, bank loans, venture capitalists, or angels. The net is that if I see a website business plan today with a projected development cost greater than $200K, I suspect the founder must be including some fancy perks, or they don’t understand the market dynamics of e-commerce today.

Cost 220

Cost Startup Hosting Bootstrapping 220

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. Friends and family. Marty Zwilling.

Technical Review 257

Technical Review Bootstrapping Venture Capital Incubator 257

Startup Professionals Musings

DECEMBER 9, 2019

With the advent and popularity of crowdfunding platforms, including Kickstarter and IndieGoGo , as a winning alternative for funding your new venture, I find that many aspiring entrepreneurs are confused about the need to ever seek a professional angel investor. Alternatively, with minimal response, you need to rethink your business plan.

Non-disclosure Agreement 299

Non-disclosure Agreement Angel Investor Bootstrapping SEC 299

Startup Professionals Musings

SEPTEMBER 5, 2016

In my experience as an advisor to aspiring entrepreneurs, I often encounter the myth that an initial startup requires investors. The reality is that over 80 percent of new businesses will never attract venture capital or Angel funding, according to experts , and there are many good reasons for skipping that painful and distracting process.

Bootstrapping 120

Bootstrapping Entrepreneur Startup Exit Strategy 120

A Smart Bear: Startups and Marketing for Geeks

JULY 12, 2010

Listening to first-time entrepreneurs talk about their competitive advantages is as predictably invalid as the local weatherman's 10-day forecast. Software patents are especially useless for small, bootstrapped startups. It should be part of your business plan that other people will copy you. Are these assertions unfair?

Intellectual Property 319

Intellectual Property Bootstrapping Software Review Open Source 319

Startup Professionals Musings

APRIL 17, 2023

For example, if you have a proven product, real revenue, a big potential market, and are ready to scale up the business, every investor will be interested. On the other hand, if you are a new entrepreneur, still in the idea stage, professional investors will only tell you to come back later when you have traction (customers and revenue).

Angel Investor 313

Angel Investor Intellectual Property Investment Bankers Private Equity 313

Startup Professionals Musings

OCTOBER 9, 2016

If you aren’t willing to take some risk as an entrepreneur, then don’t expect any gain. Nevertheless, we can all benefit by understanding a collective view from investors on the high-risk elements that every new business has faced historically based on the team, as well as in the marketplace. Marginal legality or public image.

New York City 120

New York City Silicon Valley Startup Bootstrapping 120

Startup Professionals Musings

OCTOBER 13, 2013

For a non-profit, bootstrapping is self-funding from donations and fund-raising. You still start the process with a business plan, but then you look for a philanthropist rather than an investor. What options do they have available to them, since they can’t sell a share of the company (no equity investment)? Marty Zwilling.

Equity 207

Equity Angel Investor Technical Review Exit Strategy 207

Startup Professionals Musings

SEPTEMBER 15, 2012

For a non-profit, bootstrapping is self-funding from donations and fund-raising. You still start the process with a business plan, but then you look for a philanthropist rather than an investor. What options do they have available to them, since they can’t sell a share of the company (no equity investment)? Marty Zwilling.

Angel Investor 218

Angel Investor Technical Review Exit Strategy Equity 218