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The Smartest Entrepreneurs Bootstrap Their Startup

Startup Professionals Musings

There is so much written these days about how to attract investors that most entrepreneurs “assume” they need funding, and don’t even consider a plan for “bootstrapping,” or self-financing their startup. Maybe that’s why bootstrapped startups are the norm, rather than externally funded ones. bootstrap business entrepreneur startup'

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The Smartest Entrepreneurs Bootstrap Their Startup

Gust

There is so much written these days about how to attract investors that most entrepreneurs “assume” they need funding, and don’t even consider a plan for “bootstrapping,” or self-financing their startup. Maybe that’s why bootstrapped startups are the norm, rather than externally funded ones. Image via niaje.com and www.yec.co.

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5 Strategies Recommended For Successful Bootstrapping

Startup Professionals Musings

I have to explain that if you really want to exercise total control of a new venture, they you need to do it without external investors, bootstrapping your way with your own resources. With bootstrapping, you don’t have other people’s money to spend, and probably not as much of it. Update board members and key employees regularly.

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6 Realistic Tactics For Funding Charitable Businesses

Startup Professionals Musings

For a nonprofit, bootstrapping is self-funding from donations and fund-raising. Personal loans from individuals, employees and board members. As in any company, they can lead to employee problems, or messy legal issues. This could work to get you legal or accounting services, but won’t get you cash to pay employee salaries.

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5 Ways to Bootstrap Your Startup

ReadWriteStart

But bootstrapping a startup is not easy, requiring discipline and fortitude, as well as ingenuity. Serial entrepreneur Rachel Blankstein is bootstrapping her latest startup, Comparz , the largest independent user review site for businesses seeking Web-based software. But she insists there are benefits to bootstrapping.

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When Should a Small Business Hire an Executive Team?

Up and Running

If you’re in startup mode and have limited working capital to cover your operating expenses , you may be bootstrapping your way through the early days. Think of it as an investment in your company — you’re dedicating resources (compensation) to highly skilled employees who will hopefully bring your business to the next level.

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The Entrepreneur’s Essentials #8: Bootstrap or VC?

Austin Startup

Although bootstrapping is still an approach in Austin, a lot has changed since I wrote my original challenge to the Bootstrap Austin group back in 2005. Bootstrap Austin, started by Bijoy Goswami. The original Bootstrap Austin was truly special and Bijoy did an amazing job bringing together some terrific entrepreneurs.