Remove Bootstrapping Remove Cost Remove Stock Remove Vertical
article thumbnail

Why do marketplaces make great businesses?

Austin Startup

It’s looking equally good for the bootstrapped and indie-funded marketplaces too. Find your vertical and stick to it (for a few years at least). Reason 3: Cheap to get started The third and most exciting reason I love marketplaces is that they don’t require you to purchase any inventory or stock. They raised a whopping $2.4

article thumbnail

25 Entrepreneurs Explain Their Major Accomplishments in 2019

Hearpreneur

What makes me really proud though is we’ve been 100% bootstrapped for our 3.5 One of the steps we took was to establish MAXIM BPO, a Business Process Outsourcing company in Manila, Philippines, to perform back-office functions for our various verticals including inbound/outbound call center, accounting and bookkeeping, and IT Support.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

11 Things I've learned from running a micro VC in the last year

Hippoland

And, if you travel, those costs come from this number too. If you have an office, that cost fits in here too. There are also fund ops costs that need to be factored into this number too. As it would turn out when you factor in all these costs, $200k actually doesn’t go far. 7) Ok, so there’s no money.

Salary 48
article thumbnail

11 Things I've learned from running a micro VC in the last year

Hippoland

And, if you travel, those costs come from this number too. If you have an office, that cost fits in here too. There are also fund ops costs that need to be factored into this number too. As it would turn out when you factor in all these costs, $200k actually doesn’t go far. 7) Ok, so there’s no money.

Salary 48
article thumbnail

Soundbites from the Future – 2013

Start Up Blog

And while we feel a bit uncomfortable, we still engage because the cost of non participation is currently higher than the price of privacy. A local example was the Greenhouse pop up restaurant in Melbourne by Joost Baker – Which included vertical gardens and large amounts of material re-purposing. This might just change.

Uruguay 123