Startup Professionals Musings

OCTOBER 19, 2015

That’s why I recommend that they find a co-founder who loves business challenges, including marketing and finance. Thus it’s a waste of time for most entrepreneurs to be looking for investors until they have a product and some customer revenue. Most founders bootstrap product development.

Technical Review 120

Technical Review Intellectual Property Cofounder Bootstrapping 120

A Smart Bear: Startups and Marketing for Geeks

APRIL 29, 2013

Even after the first hundred customers, half of those were serendipitous one-offs, not representative of repeatable, controllable customer acquisition, and the scale of the data isn’t statistically significant. The answer for a funded startup is “Bid as much as possible, to get as many customers — and data!

Bootstrapping 285

Bootstrapping Affiliate Cofounder Channel 285

Duct Tape Marketing

AUGUST 23, 2023

He is the co-founder of Boast.ai, where he leveraged the Community-Led Growth model to bootstrap the company. He is also the co-founder of Traction, a community empowering over 100k innovators through connections, content, and capital. He is the co-founder of Boast.ai This is John Jansen.

Community 54

Community Kuwait Cofounder Bootstrapping 54

Startup Professionals Musings

NOVEMBER 8, 2014

Yet everyone has limits, and every investor implicitly has similar limits on what makes a startup investable, or one to avoid at all costs. Here is my perspective on the highest risk elements, from my years of working with investors and watching startups come and go: All the co-founders are first-time entrepreneurs.

New York City 254

New York City Silicon Valley Bootstrapping Technical Review 254

YoungUpstarts

DECEMBER 29, 2016

by Rebecca Weible, founder of Yo Yoga! When you are bootstrapping a small business, you are not only the boss, you are also the person that cleans, greets customers, makes sales and, depending on your business, provides the service offered. But you don’t actually know until you are in the thick of it.

Bootstrapping 189

Bootstrapping New York City New Jersey New York 189

YoungUpstarts

FEBRUARY 9, 2016

by Amit Damani , cofounder of Vista Rooms. Bootstrap was term coined from the computer lingo ‘booting’ which means starting a computer or starting a chain of processes which eventually starts up the operating system. Bootstrap mentality is critical for a startup to succeed, irrespective of whether it has raised funds or not.

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Bootstrapping Cofounder Startup Sales Cycle 100

Hearpreneur

AUGUST 11, 2021

With their affordability, you can invest in several and gain more return by earning customer trust before a sale occurs. They’ve built more trust with their followers, so customers might be more willing and trusting when they check out your website after the micro-influencer recommends you. 17- Saturated with bootstrapped businesses.

Entrepreneur 126

Entrepreneur Technical Review Social Media Bootstrapping 126

YoungUpstarts

OCTOBER 7, 2015

by Mark McDonald, co-founder and co-CEO of Appster. It costs $5 per person and once you start a conversation and engage you’ll likely to get much more out of it. Bootstrap + Mailchimp, both free). Many mobile entrepreneurs got their first customers through direct emailing. Cold Emails.

San Francisco 100

San Francisco Cofounder Application Development India 100

A Smart Bear: Startups and Marketing for Geeks

OCTOBER 11, 2010

Ask a technical founder about his startup, and he'll proudly describe his stunning software — simple, compelling, useful, fun. Four uncomfortable seconds later, a smile breaks across the founder's face. We're going to use an affiliate program so our customers sell it for us.". We're going to get reviews on blogs.".

Software Review 261

Software Review Technical Review Viral Software Developers 261

crowdSPRING Blog

DECEMBER 7, 2012

7 Crucial Lessons from an Embarrassing Customer Service Trainwreck | Help Scout - [link]. Seth’s Blog: The cycle of customers who care - [link]. Attention founders: Here’s how you respond to an unfair post about your company - [link]. Questions to Ask Potential Cofounders: The Master List | Founder Dating - [link].

Social Media 104

Social Media Small Business Design Media 104

Startup Professionals Musings

OCTOBER 9, 2016

Yet everyone has limits, and every investor implicitly has similar limits on what makes a startup investable, or one to avoid at all costs. Here is my perspective on the highest risk elements, from my years of working with investors and watching startups come and go: All the co-founders are first-time entrepreneurs.

New York City 120

New York City Silicon Valley Startup Bootstrapping 120

Startup Lessons Learned

APRIL 14, 2009

Lessons Learned by Eric Ries Tuesday, April 14, 2009 Validated learning about customers Would you rather have $30,000 or $1 million in revenues for your startup? This may sound crazy, coming as it does from an advocate of c harging customers for your product from day one. They are gaining valuable customer data.

Customer 167

Customer San Francisco Lean Hockey Stick 167

The Next Web

OCTOBER 16, 2013

He is the cofounder and CEO of Veed.me , a video production marketplace. My cofounder and I were two film school graduates, working as bartenders and producing films in our spare time. They both require the ability to bootstrap and exploit the most of what you have to offer – all at little to no cost.

Bootstrapping 143

Bootstrapping Cofounder Silicon Valley Video 143

www.readwriteweb.com

OCTOBER 7, 2007

This is typically called “bootstrapping&# and it is fraught with potential pitfalls and dangers. But when done well it can really help get a company going fast, professionally and without the founders having to give up much (if any) equity - or bankrupting themselves. What is bootstrapping? Why bootstrap?

Bootstrapping 41

Bootstrapping Offshore Startup EC2 41

David Teten

AUGUST 19, 2019

RBI normally requires founders to pay back their investors with a fixed percentage of revenue until they have finished providing the investor with a fixed return on capital, which they agree upon in advance. For background, see Revenue-Based Investing: A New Option for Founders who Care About Control. ARR of $500K+. Decathlon Capital.

Revenue 60

Revenue Technical Review Software Review Equity 60

Startup Professionals Musings

FEBRUARY 4, 2019

If you are looking for funding and customers for your new business, you need to identify your “unique selling proposition” (USP) right up front, in 30 seconds or less, to differentiate yourself in today’s information overload. Investor and customer attention spans are short, and both will write you off quickly.

Intellectual Property 183

Intellectual Property Cofounder .Net Bootstrapping 183

Austin Startup

NOVEMBER 28, 2018

Bootstrapping your startup and finding low-cost CRM, marketing, design and everything else solutions isn’t easy, and can be downright overwhelming. Reset is bootstrapped currently, which not only means a lot of fun conversations about Accounting best practices but also finding ways to leverage the most bang for our buck at every turn.

Bootstrapping 58

Bootstrapping Cofounder Startup Email 58

ReadWriteStart

JULY 18, 2011

Clavier began his presentation at the beginning of a company's lifecycle, asking how many co-founders a startup ought to have. If you like this kind of advice, check out my coverage of a talk by Paul Palmieri, Co-Founder and CEO of mobile advertising service Millennial Media, titled " Investing in Your Influencers. ".

Investment Bankers 153

Investment Bankers Technical Review Cofounder Due Diligence 153

Startup Professionals Musings

OCTOBER 9, 2023

Businesses require an equally elegant business model, with the right price, messaging and delivery channel to the right target customers to keep the dream alive and growing. The founder had simply not done the work to validate a price and customer segment. Here again is your chance to make pivots for almost no cost.

Technical Review 220

Technical Review Advisory Board Software Review Business Model 220

Up and Running

JULY 10, 2017

To determine whether freemium is right for you, do the simple math: Figure out how many paying customers you need to run the company. If you charge every user $50 and spend $10K to pay the business bills, you need at least 200 customers to break even. In our example, it’s 20K non-paying customers.

Startup 110

Startup Non-Compete Viral Software Review 110

Hearpreneur

MARCH 21, 2021

I took an opportunity selling food trucks and noticed the industry needed improved customer service. At 4Patriots we wanted to present our customers with an enhanced feeling of freedom and self-reliance. I love to use my business as an outlet to express my creativity and love for all things beauty. Thanks to Kaz Amor, VoCê Haircare !

Entrepreneur 137

Entrepreneur Technical Review Acquisition Software Review 137

Startup Lessons Learned

APRIL 29, 2013

This post was written by Sarah Milstein, co-host of The Lean Startup Conference. What if your company is concerned that emerging customer pressure and local laws will make disposable razors difficult, if not impossible, to sell in the U.S. Often, in very young organizations, those people are simply the founders. in ten years?

Lean 165

Lean Technical Review Startup Software Review 165

Version One Ventures

NOVEMBER 17, 2021

Imagine an affordable solution that can help off-grid commercial customers, such as remote lodges, mining sites and fisheries that currently rely on costly diesel generators, transition to renewables. Or help industrial customers cut utility costs by hundreds of thousands per year with energy storage for peak shaving.

Canada 78

Canada Bootstrapping Cofounder Cost 78

David Teten

AUGUST 19, 2019

John Borchers, Co-founder and Managing Partner of Decathlon Capital, claims to be the largest revenue-based financing investor in the US. The idea is for us to take advantage of a cost/expense that our borrowers are already incurring (credit card fees) and structure an investment that truly aligns our interests.

Revenue 60

Revenue Term Sheet Founder Technical Review 60

Startup Professionals Musings

JANUARY 30, 2021

Businesses require an equally elegant business model, with the right price, messaging and delivery channel to the right target customers to keep the dream alive and growing. The founder had simply not done the work to validate a price and customer segment. Here again is your chance to make pivots for almost no cost.

Technical Review 399

Technical Review Product Advisory Board Business Model 399

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. Yet many entrepreneurs rely on expensive outside services and outside money, rather than do the networking for a co-founder or two who have the right skills to work for equity.

Bootstrapping 120

Bootstrapping Cofounder Equity Agile 120

A Smart Bear: Startups and Marketing for Geeks

MAY 1, 2012

This is a choice that every startup founder must make , so I’d like to dig in deeper. Company A has 1,000 customers each paying $10/mo. Company B has 10 customers each paying $1,000/mo. B can extract more money from the limited pool of customers, so that’s better. That’s shitty!

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Customer Revenue Acquisition Cofounder 320

Up and Running

AUGUST 27, 2020

My co-founder Andrew and I built Canny , a SaaS tool to help businesses collect and manage customer feedback and build their product roadmap, from the ground up. Canny is 100% bootstrapped —we haven’t taken any outside funding. Here’s how we got started, and our lessons learned from growing a bootstrapped company.

Founder 120

Founder Cofounder Bootstrapping Startup 120

The Next Web

AUGUST 26, 2013

Editor’s note: This is a guest post by Christian Reber, CEO and co-founder of Berlin-based 6Wunderkinder. Raise your first round of money, or bootstrap. You either do it on your own, taking all risks and responsibility yourself (“bootstrapping”), or you find investors that believe in your company. 60-70% for founders.

Management 120

Management Cofounder Startup Bootstrapping 120

Tim Keane

SEPTEMBER 28, 2011

How do we know how much the customer will buy and how long it will take?  How big is the customer problem being solved?  Investors would like to see lowest cost - but with certainty. How do we know how much the customer will buy and how long it will take?  How big is the customer problem being solved?

Technical Cofounder 68

Technical Cofounder Wisconsin Cofounder IP 68

www.entrepreneur.com

SEPTEMBER 22, 2011

Human Resources Play Video Shark Tanks Barbara Corcoran on Bootstrapping a Growing a Business (Video). Marketing Sales & Marketing Home Marketing Basics Sales Online Marketing Finding Customers Social Media Branding Social Media Does Your Companys Social Personality Need a Makeover? Financing Some Jobs Act Proposals Make Headway.

Sweat Equity 55

Sweat Equity Equity Fractional CTO CTO 55

YoungUpstarts

JULY 8, 2013

by Natalie Gonzalez, co-founder and head of marketing and social media at Chatalog. Although stressful, we bootstrapped the company for as long as possible while having conversations with potential investors. Small businesses are the economic engine that drives the U.S. New survey data from Constant Contact® , Inc.

Small Business 276

Small Business Cofounder Social Media Angel Investor 276

ReadWriteStart

MARCH 17, 2011

Entrepreneurs from Latin and Central America were given first priority to pitch their businesses at today's roundtable co-hosted by Innova Tiquicia and Startup Weekend Costa Rica. He needs to bootstrap it to a certain level, and following the 1M/1M methodology would be a good start. and each book costs $375 retail.

Costa Rica 114

Costa Rica America Silicon Valley Entrepreneur 114

Startup Professionals Musings

OCTOBER 23, 2013

They evaluate you like you should assess a possible co-founder or first employee. Customer needs and benefits first, then product features. They are able to weave their solution into the market, the opportunity, and customers, in a way that sounds like a natural fit, rather than a product sales pitch. Marty Zwilling.

Founder 270

Founder Cofounder Bootstrapping Entrepreneur 270

nickpoint.co.uk

OCTOBER 23, 2010

» 5 Startup Steps to finding & working with freelancers By Nick Barker As there are just two of us ( Simon Oxley – my co-founder and I) in our startup we need outside help. We found Keegan through 99Designs and used him for our logo , business cards , Launch page and a new blog for Bootstrapping.

RSS 40

RSS Startup Bootstrapping Cofounder 40

The Next Web

MAY 22, 2014

Thijs Suijten and Menno Luiten are the co-founder and developer for Famatic. How to get that initial investment is where there is a choice: find a suitable investor, bootstrap, or use the power of the crowd to get that ball rolling. We had to focus on the value we provide to our potential customers.

Entrepreneur 135

Entrepreneur Bootstrapping Cofounder Lean 135

Both Sides of the Table

FEBRUARY 20, 2012

Tracy DiNunzio isn’t your typical Silicon Valley startup founder. She sold many of her possessions on Craigslist and even sold her paintings and materials at less than cost. She focused on her customer. The premise is that you should blog for your customers, suppliers and ecosystem – not for your peers.

Silicon Valley 363

Silicon Valley Cofounder Entrepreneur Startup 363