Remove Bootstrapping Remove Customer Remove Later Stage Remove Sales
article thumbnail

Need money? Read this!

Berkonomics

Some businesses require very little capital and the founder can self-finance the enterprise and retain 100% of its ownership and control from ignition through liquidity event (startup through sale). Bootstrapping: This term describes your ability to start a business with little investment and grow it using internally generated funds.

article thumbnail

How to Launch Your Own Startup Part 4 (money, culture and becoming a manager)

The Next Web

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. Your first salesperson who brings in your first customer is not likely to be your VP Sales.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Most Investors Bite Only at Specific Startup Stages

Startup Professionals Musings

If your startup is at the wrong stage for the investor you are approaching, fishing for money is a waste of time for both of you. For instance, if your company is only a few weeks old and you have zero customers and your product offering is still in design, don’t expect someone to hand over $10 million to fund your efforts.

article thumbnail

How to Select the Right Investors for Your Startup

Startup Professionals Musings

If your startup is at the wrong stage for the investor you are approaching, the courting is a waste of time for both of you. For instance, if your company is only a few weeks old and you have zero customers and your product offering is still in design, don’t expect someone to hand over $10 million to fund your efforts. Growth stage.

article thumbnail

The right investors for the right stage

Gust

If your startup is at the wrong stage for the investor you are approaching, fishing for money is a waste of time for both of you. For instance, if your company is only a few weeks old and you have zero customers and your product offering is still in design, don’t expect someone to hand over $10 million to fund your efforts.

article thumbnail

Does your business need money? Read this!

Berkonomics

Some businesses require very little capital and the founder can self-finance the enterprise and retain 100% of its ownership and control from ignition through liquidity event (startup through sale). For you who fit that description, nice work. There is a lot to say about retaining control. It’s an option, even though an expensive one.

article thumbnail

Guy Kawasaki’s 10 Questions to Ask Before You Join a Startup

www.mint.com

Go there now » Sign up or log in to mint.com Updates Drop Your Debt to Win 2 comments How To The Top 5 Customer Complaint Letters — And What You Can Learn From Them 5 comments Investing In Graphics: What Is a Stock? I worry about everything: money, sales, engineering, support, and recruiting. Live your life.