Gust

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Don’t Let Investors Conclude Your Startup Is A Hobby

Gust

Software Development Process via Wikipedia. Develop your business plan. Product development process. Unless you are bootstrapping everything, you need to have a clear plan on what networking and documents are required to get to friends and family, Angel investors, and institutional investors. Funding process.

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The 10 Best Sources of Cash to Start Your Business

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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. Following is my prioritized larger list of sources, with some “rules of thumb” which may save you a lot of time and energy: Bootstrapping. Friends and family.

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What Belongs in a Startup’s Pitch Deck?

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So you’ve developed a game-changing product, formed a business with a killer team, quit your job, and are rolling the product out to market. For many founders of high-growth startups, bootstrapping has limits. Your business is the next unicorn, and all is good in the world.

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Gust Blog - Thoughts on startups by investors that fund them

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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. Now, with open source software components, and low-cost development tools, the same job can be done by one good hacker for a few thousand dollars. June 17th, 2012.

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Building a Startup is Navigating an Obstacle Course

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Develop reward systems. Smart entrepreneurs are nimble and flexile, bootstrap to the maximum degree possible, and pivot for emerging opportunities. Common controls include some spending limits, time commitment limits, financial milestones. These guardrails should be closely aligned with your values.

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The right investors for the right stage

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Of course, growth and development are really a continuum. Obviously, if you bootstrap your business, you can avoid all these stages and the investment implications. Funding sources specialize in certain growth stages. Angel investors typically provide early-stage funding, while venture capital firms typically come in at later stages.

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The Cost Equation for a Startup is Better Than Ever

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Now, with open source software components, and low-cost development tools, the same job can be done by one good hacker for a few thousand dollars. See my interview a couple of years ago with parallel entrepreneur Rich Christiansen , who has started 28 businesses with a target bootstrap investment of $5K each.

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