article thumbnail

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. General startup expenses are beyond your means. bootstrap business entrepreneur startup' Marty Zwilling.

article thumbnail

When Should a Small Business Hire an Executive Team?

Up and Running

As you find your footing and begin to scale, you might feel ready to hire a formal executive team. What’s right for one company may not make sense for another, but the goal is always the same — to hire talent that will ultimately help the business thrive. When is the right time to hire an executive team?

CTO Hire 163
Insiders

Sign Up for our Newsletter

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

article thumbnail

6 Key Leaders Every Technical Startup Needs To Thrive

Startup Professionals Musings

In my years of advising startups and occasional investing, I’ve seen many great ideas start and fail, but the right team always seems to make good things happen, even without the ultimate idea. You need to have a technical genius on the team to get your startup product off the ground. Outsourcing your core competency does not work.

article thumbnail

Build Predictable Startup Models by Forming an Agency

ReadWriteStart

Startup studios continue to grow in popularity as incubators for new businesses. Rather than simply launching one startup, the startup studio model creates an organization whose business is launching startups. These can then be repeated and improved on with each successive startup.

Incubator 188
article thumbnail

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. General startup expenses are beyond your means. Invested Interests bootstrapping entrepreneur investor startup'

article thumbnail

5 Ways to Bootstrap Your Startup

ReadWriteStart

The conflicting (frequently unsolicited) advice startup entrepreneurs too often hear is enough to make you tune it all out. But bootstrapping a startup is not easy, requiring discipline and fortitude, as well as ingenuity. But she insists there are benefits to bootstrapping. Bootstrap 1. Bootstrap 2.

article thumbnail

Your Startup Probably Doesn’t Need Funding – and Here’s Why

ReadWriteStart

The Proud Owners of a Startup. Today, as the proud owner of a startup, you’re probably much better at managing your money. It might take the experience of growing and exiting two or even three startups before you know how to do that. . Let’s take a deeper look at why your startup probably doesn’t need funding.