Startup Professionals Musings

JANUARY 8, 2020

As an advisor to entrepreneurs, I often hear the desire to run their own company, to avoid having someone else telling them how to run the business. 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.

Bootstrapping 313

Bootstrapping Employee Metrics Demand 313

ReadWriteStart

JUNE 1, 2020

I have often been asked about Startup Funding by entrepreneurs. Here is Startup Funding, a Comprehensive Guide for Entrepreneurs. Bootstrapping. I always recommend that you start with bootstrapping. Bootstrapping is when you put your own money or borrow from friends and family to set up your business. Seed stage.

Startup 150

Startup Entrepreneur Elevator Pitch Seed Stage 150

Hearpreneur

JANUARY 25, 2023

We asked entrepreneurs and business owners about the companies they’re starting in 2023 and here are the responses. #1- This presents a great opportunity for entrepreneurs to launch their own businesses and capitalize on the latest technology. Thanks to Michelle Wintersteen, MKW Creative Co. ! #3- Thanks to Jaden Oh, TRAFFV ! #9-

Software Review 117

Software Review Technical Review Artificial Inteligence Entrepreneur 117

Startup Professionals Musings

JUNE 30, 2019

My first advice for new entrepreneurs is to pick a domain that doesn’t have the sky-high up-front development costs, like online web sites and smart phone apps. Self-funding or bootstrapping is still the most common and safest approach for startups Keep your day job until revenue starts to flow. Set expectations accordingly.

Intellectual Property 219

Intellectual Property Technical Review Startup Incubator 219

Hearpreneur

AUGUST 28, 2022

In our societies and business, there’re entrepreneurs who have demonstrated exceptional personalities and demeanor to pull it through business. Here are the entrepreneurs and business owners, other entrepreneurs considered to be successful. #1- Jessica Livingston is one of the most successful entrepreneurs on the planet.

Entrepreneur 118

Entrepreneur Green Cofounder Trinidad 118

Startup Professionals Musings

SEPTEMBER 22, 2011

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. In fact, most of the rich entrepreneurs you know actively turned away early equity proposals. Need to spread the risk.

Sweat Equity 255

Sweat Equity Technical Review Entrepreneur Bootstrapping 255

Startup Professionals Musings

JULY 8, 2015

My first advice for new entrepreneurs is to pick a domain, such as online web sites and smart phone apps, that doesn’t have the sky-high up-front development costs. Self-funding or bootstrapping is still the most common and safest approach for startups Keep your day job until real revenue flows. Set expectations accordingly.

Entrepreneur 120

Entrepreneur Intellectual Property Technical Review Incubator 120

Up and Running

SEPTEMBER 29, 2022

Not to mention the mental and emotional impact of being an entrepreneur. While you may be enamored with becoming an entrepreneur and bootstrapping your business, don’t quit your day job. According to a report from the Harvard Business Review , entrepreneurs who plan are 16% more likely to achieve viability.

Forecast 154

Forecast Software Review Bootstrapping Finance 154

YoungUpstarts

OCTOBER 21, 2012

The title of the book by Jonathan Moules, “ The Rebel Entrepreneur: Rewriting the Business Rulebook “, initially seemed like a form of tautology. Isn’t every entrepreneur a rebel by nature? Bootstrap, bootstrap, bootstrap. Funding is for fools. His advice? Don’t innovate, imitate.

Technical Review 184

Technical Review Entrepreneur Bootstrapping Acquisition 184

Startup Professionals Musings

SEPTEMBER 8, 2019

Obviously, these companies still need money to get started, or finance growth, just like a for-profit company. For a nonprofit, bootstrapping is self-funding from donations and fund-raising. An example would be getting free office space by agreeing to be the property manager for the owner. That’s a higher calling.

Equity 235

Equity Angel Investor Technical Review Exit Strategy 235

Startup Professionals Musings

DECEMBER 4, 2021

An entrepreneur lifestyle that continues to gain in popularity these days is being a “social entrepreneur.” Think Bill Gates, with his current investments in energy management, or Blake Mycoskie with TOMs Shoes, as opposed to the leaders of the American Cancer Society or Goodwill Industries.

Entrepreneur 345

Entrepreneur Angel Investor Government Bootstrapping 345

Startup Professionals Musings

DECEMBER 15, 2014

Based on the Startup Environment Index from the Kauffman Foundation and LegalZoom a while back, personal money, or bootstrapping, continues to be the primary startup funding source. Eighty percent of new entrepreneurs use this approach, with only six percent using investor funding. Entrepreneurs need to start small and pivot quickly.

Bootstrapping 276

Bootstrapping Entrepreneur Startup Burn Rate 276

Startup Professionals Musings

JULY 1, 2017

My first advice for new entrepreneurs is to pick a domain that doesn’t have the sky-high up-front development costs, like online web sites and smart phone apps. Self-funding or bootstrapping is still the most common and safest approach for startups Keep your day job until revenue starts to flow. Set expectations accordingly.

Product Development 177

Product Development Cost Developer Product 177

Startup Professionals Musings

NOVEMBER 13, 2012

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. In fact, most of the rich entrepreneurs you know actively turned away early equity proposals. Need to spread the risk.

Sweat Equity 239

Sweat Equity Technical Review Bootstrapping Equity 239

Startup Professionals Musings

FEBRUARY 19, 2013

My first advice for new entrepreneurs is to pick a domain that doesn’t have the sky-high up-front development costs, like online web sites and smart phone apps. Self-funding or bootstrapping is still the most common and safest approach for startups Keep your day job until revenue starts to flow. Set expectations accordingly.

Intellectual Property 309

Intellectual Property Technical Review Venture Capital Startup 309

The Startup Magazine

OCTOBER 9, 2019

The vast majority of startups fail because the founders that drive them fail to recognize the importance of critical factors such as accounting, cash flow management, and business structure. . Practice Effective Cash Flow Management. Nine out of ten startups fail solely due to improper cash flow management.

Technical Review 112

Technical Review Bootstrapping Startup Finance 112

Startup Professionals Musings

JANUARY 12, 2018

My first advice for new entrepreneurs is to pick a domain, such as online web sites and smart phone apps, that doesn’t have the sky-high up-front development costs. Self-funding or bootstrapping is still the most common and safest approach for startups Keep your day job until real revenue flows. Set expectations accordingly.

Intellectual Property 134

Intellectual Property Technical Review Startup Incubator 134

Startup Professionals Musings

MARCH 22, 2020

In their passion to succeed, too many entrepreneurs treat friends and family investments as “low-hanging” fruit, only to find out later, after a stumble, that the pain of lost relationships is greater than the loss of their beloved startup. In these cases both the entrepreneur and the friends are the fools. Don’t be one or create one.

Management 308

Management Cram Down Angel Investor Equity 308

YoungUpstarts

JULY 21, 2019

Small businesses and young entrepreneurs are in a difficult position in the market. Capital can be hard to come by when you’re a starting young entrepreneur. You don’t have to worry at all about the space, as the operator will manage it. If you haven’t been able to save up for your capital, consider bootstrapping your business.

Software Review 191

Software Review Entrepreneur Cost Cofounder 191

Tim Keane

MARCH 9, 2011

How should I finance my new venture? It’s a deceptively simple question:  what is the optimal way to finance a new startup? But, what constitutes success for the parties involved – investors, entrepreneurs, employees, and customers – can vary dramatically. Can you bootstrap your way to positive cash flow?

Finance 83

Finance Bootstrapping Startup Equity 83

Hearpreneur

MARCH 21, 2021

We asked some entrepreneurs and business owners, why they started their businesses: #1- To do it for myself. 2- To help entrepreneurs become financially independent. From that acquisition, I knew I needed to let out the entrepreneur spirit that was trapped in me. Each story is different though the reasons may be the same.

Entrepreneur 142

Entrepreneur Technical Review Acquisition Software Review 142

YoungUpstarts

JULY 16, 2019

There are few words that strike as much fear – into the minds of entrepreneurs and business owners – as the idea of debt. Many business people, including Millennial entrepreneurs, are scared of the idea of getting into debts, and their worries are not unfounded. by Uday Tank. Let’s now take a look at some of these situations and facts.

Software Review 113

Software Review Startup Equity Bootstrapping 113

ReadWriteStart

JUNE 16, 2011

Small and medium size business owners can set up online customer support platforms that combine the backend help desk system used by agents (ticketing, knowledge management) with an online customer portal (self service, forums, idea management, voting, etc) on the front end. To learn more, you can check out some of the videos here.

India 123

India Bootstrapping Non-Compete Entrepreneur 123

Startup Professionals Musings

SEPTEMBER 20, 2017

Obviously, these companies still need money to get started, or finance growth, just like a for-profit company. For a nonprofit, bootstrapping is self-funding from donations and fund-raising. An example would be getting free office space by agreeing to be the property manager for the owner. That’s a higher calling.

Angel Investor 132

Angel Investor Equity Technical Review Exit Strategy 132

Gust

DECEMBER 7, 2014

Based on the Startup Environment Index from the Kauffman Foundation and LegalZoom a while back, personal money, or bootstrapping, continues to be the primary startup funding source. Eighty percent of new entrepreneurs use this approach, with only six percent using investor funding. Entrepreneurs need to start small and pivot quickly.

Bootstrapping 191

Bootstrapping Entrepreneur Startup Burn Rate 191

ReadWriteStart

SEPTEMBER 16, 2010

An entrepreneur should pick this one up ASAP. Cloud-based legal records management, digitization, archival, retrieval. This is an open opportunity for an entrepreneur to build a custom solution. Sequoia has financed them. I started doing my free Online Strategy Roundtables for entrepreneurs in the fall of 2008.

Cloud 117

Cloud Fractional CTO Entrepreneur Bandwidth 117

Startup Professionals Musings

OCTOBER 13, 2013

Obviously, these companies still need money to get started, or finance growth, just like a for-profit company. For a non-profit, bootstrapping is self-funding from donations and fund-raising. An example would be getting free office space by agreeing to be the property manager for the owner. That’s a higher calling.

Equity 207

Equity Angel Investor Technical Review Exit Strategy 207

Startup Professionals Musings

SEPTEMBER 15, 2012

Obviously, these companies still need money to get started, or finance growth, just like a for-profit company. For a non-profit, bootstrapping is self-funding from donations and fund-raising. An example would be getting free office space by agreeing to be the property manager for the owner. That’s a higher calling.

Angel Investor 218

Angel Investor Technical Review Exit Strategy Equity 218

ReadWriteStart

NOVEMBER 3, 2011

I know that many, many entrepreneurs are feeling dejected because of investor rejections. Having turned down all overtures for investment, Zoho continues merrily on in its bootstrapping path. Parallel6 is already clocking over $1 million in revenue and is looking to enhance its customer acquisition and also raise some financing.

North Carolina 116

North Carolina San Diego Entrepreneur Balance Sheet 116

entrepreMusings

JANUARY 26, 2011

The following is a guest post by Bill Hazelton , Managing Director of Credit Card Assist , a leading credit card resource site for consumers and small business owners and Sell It! For other local bootstrapping resources here in Austin, check out the Bootstrap Austin site. On The Web , an e-commerce and online marketing blog.

Bootstrapping 42

Bootstrapping Small Business Administration SBA Austin 42

Up and Running

NOVEMBER 26, 2018

Most healthy businesses need business financing at some point. Startups have to deal with starting costs and ongoing businesses have to finance growth and working capital. Financing options depend on what kind of business you have. Don’t waste your time looking for the wrong kind of financing. You should.

SBA 161

SBA Venture Capital Angel Investor Technical Review 161

Startup Professionals Musings

SEPTEMBER 22, 2021

Unfortunately, most of us don’t have enough resources to bootstrap our own startups, so we are completely dependent on investors to help turn great ideas into great businesses. Investors love entrepreneurs who come across as constantly on the lookout for new ideas, and able to grasp the larger implications for market change.

Intellectual Property 352

Intellectual Property Equity Bootstrapping Valuation 352

Startup Professionals Musings

JULY 3, 2011

Obviously, these companies still need money to get started, or finance growth, just like a for-profit company. For a non-profit, bootstrapping is self-funding from donations and fund-raising. An example would be getting free office space by agreeing to be the property manager for the owner. That’s a higher calling.

Angel Investor 238

Angel Investor Technical Review Exit Strategy Equity 238

Startup Professionals Musings

FEBRUARY 15, 2015

Obviously, these companies still need money to get started, or finance growth, just like a for-profit company. For a non-profit, bootstrapping is self-funding from donations and fund-raising. An example would be getting free office space by agreeing to be the property manager for the owner. That’s a higher calling.

Angel Investor 120

Angel Investor Equity Technical Review Exit Strategy 120

Startup Professionals Musings

SEPTEMBER 4, 2022

Yet many aspiring entrepreneurs I know approach it as a fun project, get-rich quick scheme, or perhaps an expensive hobby. As an entrepreneur, you need to start early to implement the discipline and business practices that will lead to success. Are you going to bootstrap, or borrow from personal assets?

Early Stage 307

Early Stage Bootstrapping Revenue Framework 307

ReadWriteStart

JUNE 29, 2020

In other words, you must start bootstrapping an online startup , because the future of the global business world is online. Before we look at ways to bootstrap a startup, let’s consider a comprehensive definition of what a startup is. Ways to bootstrap a startup. What is a startup?

Bootstrapping 85

Bootstrapping Global Startup Hungary 85

Growthink Blog

JANUARY 3, 2012

And what I hear is entrepreneurs saying that it's so hard to raise money. That's because when times are good, there are more entrepreneurs seeking funding. When times are bad, funding sources are a little tighter with their money, but fewer entrepreneurs are contacting them. Bootstrap as much as you can.

Bootstrapping 108

Bootstrapping Venture Capital Finance Business Plan 108