Startup Professionals Musings

JANUARY 22, 2021

How do you convince investors that your business model will really work, before you have a revenue stream that exceeds your expenses? Even if you are bootstrapping your business, and you are the only investor, you should be asking yourself the same question. Plan for a real revenue model.

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Business Model Angel Investor Bootstrapping Revenue 414

YoungUpstarts

FEBRUARY 9, 2016

Bootstrap was term coined from the computer lingo ‘booting’ which means starting a computer or starting a chain of processes which eventually starts up the operating system. In the startup world, bootstrapping essentially means funding your own venture and not being too dependent on external sources. Spend Wisely. Experiment.

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Bootstrapping Cofounder Startup Sales Cycle 100

ReadWriteStart

JUNE 16, 2011

During today's roundtable, we had four Microsoft BizSpark Startup India Challenge grant finalists present. They charge $9, $29 and $59 per agent per month and I am eager to see bootstrapped, scrappy Freshdesk morph their pricing structure to aggressively compete with them. RightNow's per agent price starts at $110 per agent per month.

India 123

India Bootstrapping Non-Compete Entrepreneur 123

Hearpreneur

AUGUST 11, 2021

With a simple 30 second video posted on social media, business owners have the opportunity to build major traffic and revenue from their sites. In practice, entrepreneurship and innovation will not present themselves in the same way in future economic systems. 17- Saturated with bootstrapped businesses.

Entrepreneur 126

Entrepreneur Technical Review Social Media Bootstrapping 126

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. They need to believe your valuation, based on current revenue and intellectual property, and feel the equity offered gives them a real return for the risk.

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Intellectual Property Equity Bootstrapping Valuation 352

Duct Tape Marketing

AUGUST 23, 2023

He is the co-founder of Boast.ai, where he leveraged the Community-Led Growth model to bootstrap the company. where he leveraged a community-led growth model to bootstrap the company. Then another time was when we were bootstrapping both. I asked their chief revenue officer, how do you do attribution on this community?

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Community Kuwait Cofounder Bootstrapping 53

Startup Professionals Musings

SEPTEMBER 7, 2016

I recently found the classic sales training book “ Bootstrap Selling The Sandler Way ,” by Bill Morrison, who has 20 years in sales leadership roles, and I was amazed at how many of his sales lessons are great lessons for new entrepreneurs as well. With the best solutions, the customer gets value which exceeds your revenue.

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Bootstrapping Sales Technical Review Social Media 120

www.readwriteweb.com

OCTOBER 7, 2007

This is typically called “bootstrapping&# and it is fraught with potential pitfalls and dangers. What is bootstrapping? So, what does it mean to bootstrap a company? Bootstrapping involves launching a business on a low budget. Why bootstrap? Either way, bootstrapping is a viable model.

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Bootstrapping Offshore Startup EC2 41

Spencer Fry

APRIL 17, 2017

Days before the conference started, I was asked (and felt honored) to lead two workshops on bootstrapping vs. raising money. Having started and sold 3 successful bootstrapped businesses, and am now running 1 venture capital backed business ( Coach ), this is a topic I know a thing or two about. What's “good” about bootstrapping.

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Bootstrapping Cap Table Liquidation Preference Cofounder 63

Startup Professionals Musings

SEPTEMBER 11, 2015

I recently finished a new sales training book “ Bootstrap Selling The Sandler Way ,” by Bill Morrison, who has 20 years in sales leadership roles, and I was amazed at how many of his sales lessons are great lessons for new entrepreneurs as well. With the best solutions, the customer gets value which exceeds your revenue.

Sales 120

Sales Entrepreneur Bootstrapping Technical Review 120

ReadWriteStart

NOVEMBER 3, 2011

In How To Defend Your Dream Against All Odds , Alex and I explore the company's journey to $200 Million in revenue, while their VCs wrote them off. Zoho is already over $100 million in revenue and is seeing tremendous traction. Having turned down all overtures for investment, Zoho continues merrily on in its bootstrapping path.

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North Carolina San Diego Entrepreneur Balance Sheet 116

ReadWriteStart

SEPTEMBER 23, 2010

First up was Brad Barrett presenting GrillGrate , a grill accessory with which Brad has built a year-to-date revenue of $400,000. Then Jeanne Chinn with JCLABoutique.com presented an upcoming e-commerce company that is planning to sell $210 tote bags for carrying pets. GrillGrate. JCLABoutique.com.

India 114

India Silicon Valley Incubator Bootstrapping 114

The Next Web

DECEMBER 30, 2012

Diversifying revenue streams at Wave. Wave is monetizing in a few different ways, but our core value proposition has always been based on a 100 percent free accounting application for small businesses with an offer-based revenue model. In other words, advertisers pay to present special offers to our customers.

Business Model 133

Business Model Technical Review Advertising B2C 133

ReadWriteStart

OCTOBER 7, 2010

Sub-$2 million pre-money, it is better to bootstrap. Next Igor Protsenko presented Profitero , an enterprise software product for helping retailers with price comparison and optimization. As a thumb rule, try to get enough validation so that you can get to at least a $2 million pre-money valuation before raising equity capital.

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Valuation Silicon Valley Pre-Money Valuation Bootstrapping 119

ReadWriteStart

DECEMBER 2, 2010

Well, 1M/1M is focused on helping businesses generate $1M in annual revenue, whatever be the nature of the business. But our goal is to make sure that these businesses are sustainable, have customers, revenues, and profits. We do not and will not have any particular focus on non profits that are dependent upon funding from charities.

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India Green Silicon Valley Massachusetts 116

ConversionXL

NOVEMBER 25, 2020

We’re a bootstrapped company that started with more time than money. At the eight minute mark, YouTube allows for creators to put extra ads in the content so they’ve got an incentive to show those longer videos and generate more ad revenue. This drives multi-million dollars of revenue for us.

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Channel Metrics Algorithm Video 129

ReadWriteStart

SEPTEMBER 10, 2010

They already have several customers including some telcos, and are at about $350,000 in revenues. Because customer financing equals revenue, not equity. That's why, I advised Gio to keep going with further execution on his business and build more revenue traction. In 1M/1M, our preferred financing strategy is customers.

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Cloud Silicon Valley Incubator Finance 115

ReadWriteStart

SEPTEMBER 16, 2010

s roundtable, I started with a presentation on blue sky opportunities in cloud computing based on our Thought Leaders In Cloud Computing (TLCC) research. I pointed Zubair to a couple of case studies of bootstrapping using services to get more of his core product built; in parallel, I will help him pursue institutional funding.

Cloud 117

Cloud Fractional CTO Entrepreneur Bandwidth 117

ReadWriteStart

JULY 12, 2023

Gesto decided to scale InvGate after bootstrapping for the past 14 years. Companies can increase their revenue potential and access new customer bases by expanding into new markets. A: International expansion allows companies to increase revenue potential, access new customer bases, and stay competitive.

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United States Management Mexico Artificial Inteligence 121

Gust

JUNE 19, 2012

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. And if you’re a startup CFO, finance lead, bean counter, or presentation slide deck preparer, then you should read this book. June 17th, 2012. Power Pitches.

Startup 180

Startup Forecast Angel Investor Software 180

Startup Lessons Learned

APRIL 14, 2009

Lessons Learned by Eric Ries Tuesday, April 14, 2009 Validated learning about customers Would you rather have $30,000 or $1 million in revenues for your startup? All things being equal, of course, you’d rather have more revenue rather than less. And yet revenue alone is not a sufficient goal. More on that in a moment.

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Customer San Francisco Lean Hockey Stick 167

ReadWriteStart

OCTOBER 21, 2010

At today's roundtable, we had some very interesting discussions on creative bootstrapping. Then Aaron Dormer presented Social Affect , an Australian company trying to help retailers provide e-commerce solutions. Read Creative Bootstrapping to a $350 Million Exit. Today, I think gaming is still in its infancy. Social Affect.

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Bootstrapping IP India Silicon Valley 113

ConversionXL

MARCH 31, 2021

Cash flow is a matter of life or death when bootstrapped and pre-funding. When presenting different formats in your content strategy document, try and include an example of what that format looks like, for example: Thought Leadership: Strategic in nature, thought leadership aims to challenge existing beliefs or present a new way of thinking.

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Audience Non-Compete Distribution Channel 127

ReadWriteStart

JULY 18, 2011

My notes from his very informative presentation are below. Clavier began his presentation at the beginning of a company's lifecycle, asking how many co-founders a startup ought to have. Every company has a forecast for how it will get to an arbitrary $100 million in revenue and they all hit it on year five.

Investment Bankers 153

Investment Bankers Technical Review Cofounder Due Diligence 153

Austin Startup

AUGUST 3, 2017

If your answers starts with, “We have multiple revenue streams…” that’s a bad thing. What I really hear is, “ We have no idea what the most significant revenue driver will be. “ If it doesn’t require much capital to get started and make money then it might be a better idea to bootstrap it.

Technical Review 69

Technical Review Startup Texas Email 69

ReadWriteStart

MARCH 17, 2011

First up, Adrian Montero from Belen, Heredia, Costa Rica, presented FinqIt. He needs to bootstrap it to a certain level, and following the 1M/1M methodology would be a good start. Adarsh Patil from Bangalore, India, presented ResortHunt. Ten people paying $37.50 ResortHunt.

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Costa Rica America Silicon Valley Entrepreneur 114

ReadWriteStart

JANUARY 27, 2011

I have discussed at length why revenue sharing channel deals may serve as perfectly fine alternatives to raising equity (or even complements) because of their non-dilutive nature. It certainly will be a better way to bootstrap the company. million in revenue. SOCO Games. Brainscape. The business is already profitable with $2.9

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Dilution Revenue Finance Entrepreneur 114

Sophia Perl of Wisdom

NOVEMBER 9, 2010

Some of the finalists were generating revenues already and/or have very promising strategic partnerships lined up. it wasn’t clear that you have buying airtime working today, your presentation made it sound like you had small currency values transferring working today, my vote went here.

CTO Hire 49

CTO Hire Cofounder Fractional CTO San Francisco 49

The Startup Magazine

SEPTEMBER 12, 2019

This is why I made the decision to bootstrap HighRadius. As a founder and CEO, the most important gift that bootstrapping gave me was the ability to slow down, speed up and pivot when and where we knew we needed to. Venture funding isn’t real validation – market traction and continued profitability and revenues are.

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Early Stage Venture Capital Bootstrapping Pre-Money Valuation 85

crowdSPRING Blog

DECEMBER 7, 2012

The Series A Crunch: One More Reason to Bootstrap and Skip Venture Capital | Enterprise Irregulars - [link]. Just 25 Developers Grabbed 50% Of App Revenues On U.S. 40+ Epic Presentation Folder Designs - [link]. Reducing noise … should be a signal to rest of market … YC W13 Will Be Smaller - [link].

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Social Media Small Business Design Media 104

YoungUpstarts

JUNE 15, 2017

Pure bootstraps. This builds a respected perception of the business and brand which may unlock new opportunities in building revenue and growth. Look at how other young startups present themselves in interviews. There’s a romance around the idea of a small startup forming in a garage, mom’s basement, or a dorm room.

Bootstrapping 124

Bootstrapping Social Media Reputation Hosting 124

Sophia Perl of Wisdom

NOVEMBER 9, 2010

Some of the finalists were generating revenues already and/or have very promising strategic partnerships lined up. it wasn’t clear that you have buying airtime working today, your presentation made it sound like you had small currency values transferring working today, my vote went here.

CTO Hire 40

CTO Hire Cofounder Fractional CTO San Francisco 40

OnlyOnce

JULY 9, 2013

Chapter 2: Defining and Testing the Story…Start Out By Admitting You’re Wrong, A Lean Business Plan Template, Problem, Solution, Key Metrics, Unique Value Proposition and Unfair Advantages, Channels, Customer Segments, Cost Structure and Revenue Streams. Chapter 3: Telling the Story to Your Investors…The Business Plan is Dead.

Startup 95

Startup Advisory Board Elevator Pitch Forecast 95

Startup Professionals Musings

APRIL 20, 2015

How do you convince investors that your business model will really work, before you have a revenue stream that exceeds your expenses? Even if you are bootstrapping your business, and you are the only investor, you should be asking yourself the same question. Plan for a real revenue model.

Business Model 120

Business Model Angel Investor Startup Bootstrapping 120

Startup Professionals Musings

FEBRUARY 5, 2012

Funding of $250,000-$1 million is available from angels, if you have credentials and have done the homework of a good business plan, financial model, and executive presentation. At this stage, your startup better be selling a commercial offering, have price and cost validated, with significant customer sales and a real revenue stream.

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Investment Bankers Venture Capital Startup Initial Public Offering 241

The Startup Magazine

MAY 18, 2019

This is because every loan applicant is expected to submit his national ID when presenting his application. You may not be able to get a loan before some form of revenue develops. In most states, you can’t qualify for a loan if you are below the age of 18 years. Some states require you to be at least 21 years.

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Startup Bootstrapping Security Equity 93

Austin Startup

MARCH 20, 2018

Besides, getting into Y Combinator is easy: just be wicked smart, create a beautiful product, get millions of users, and build a revenue stream that grows 20% every month. And once I knew what the the YC founders were looking for, I knew how to present our company. We were already making real newspapers real revenue?—?hard

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Cofounder Texas Video Software Review 48