The problem is that business plan contests almost all undervalue bootstrapping. While the vast majority of startups are bootstrapped, meaning they start without venture capital or angel investment, the vast majority of business plan competitions award the best investment, not the best company. But I do want to write about it here. MORE >>

About a quarter of the million dollar sales had been sold into the channels, but not out of the channels to actual end-user customers. The sales guy got it into the channels, and the stores put it on the shelves, but people didn’t buy it. And channels don’t take those losses. Tweet This is a true story. MORE >>

This curriculum is based on the various questions entrepreneurs have asked me over these 64 sessions, spanning financing, positioning, customer acquisition, marketing, sales, channel, and various other early stage startup related issues.  . As usual, then, I worked with three entrepreneurs working on specific businesses.  . Then J.J. MORE >>

The trends include Cloud Computing, Outsourcing, Social Web, Vertical and Local Web, Smartphones and Tablets, Online Advertising, Online Video, Online Gaming, eBooks, and Bootstrapped Entrepreneurship. Jimmy has already managed the most complex part of the bootstrapping phase with very little outside investment. MORE >>

It could be a good business to bootstrap the social/mobile edutainment business with. We discussed their growth strategy, and my advice is to build the ad agency and interactive marketing channels as the primary growth driver. global market a strong channel through Silicon Valley. Fantastic! mistake, in my opinion. MORE >>