Startup Professionals Musings

JUNE 30, 2019

The “valley of death” is a common term in the startup world, referring to the difficulty of covering the negative cash flow in the early stages of a startup, before their new product or service is bringing in revenue from real customers. Join a startup incubator. Solicit funds from friends and family. Use crowd funding.

Intellectual Property 219

Intellectual Property Technical Review Startup Incubator 219

YoungUpstarts

APRIL 8, 2021

Every product and business sector are different, and some are a better fit for bootstrapping than others. Shalin Jain, Founder & CEO of HappyFox shares his bootstrapping experience. The post To Bootstrap Or Not to Bootstrap (And Other Advice For Startup Entrepreneurs) appeared first on Young Upstarts.

Bootstrapping 221

Bootstrapping Entrepreneur Startup Founder 221

Startup Professionals Musings

JULY 1, 2017

The “valley of death” is a common term in the startup world, referring to the difficulty of covering the negative cash flow in the early stages of a startup, before their new product or service is bringing in revenue from real customers. Join a startup incubator. Solicit funds from friends and family. Use crowd funding.

Product Development 177

Product Development Cost Developer Product 177

Startup Professionals Musings

SEPTEMBER 7, 2020

Yet everyone has limits, and every investor implicitly has similar limits on what makes a startup investable, or one to avoid at all costs. Here is my perspective on the highest risk elements, from my years of working with investors and watching startups come and go: All the co-founders are first-time entrepreneurs.

New York City 315

New York City Silicon Valley Startup Bootstrapping 315

YoungUpstarts

AUGUST 25, 2016

It started as a simple, limited product that functioned as a shortcut for developers so that they could create forms without needing to code. I had a hunch, which I learned the hard way while coding forms, that this was a practical product that was needed and desired by many people. Determining if your product can be bootstrapped.

Bootstrapping 100

Bootstrapping San Francisco New York City Software Developers 100

Startup Professionals Musings

DECEMBER 6, 2019

The “valley of death” is a common term in the startup world, referring to the difficulty of covering the negative cash flow in the early stages of a startup, before their new product or service is bringing in revenue from real customers. Join a startup incubator. Only one-third make it past their tenth anniversary.

Finance 320

Finance Intellectual Property Technical Review Incubator 320

ReadWriteStart

MAY 3, 2012

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.

Bootstrapping 137

Bootstrapping Software Review Startup Equity 137

ReadWriteStart

JUNE 1, 2020

I have often been asked about Startup Funding by entrepreneurs. Many myths surround the subject of startup funding. Here is Startup Funding, a Comprehensive Guide for Entrepreneurs. You must have a prototype or a minimum viable product (MVP). This kind of funding is only applicable if the product is unique and innovative.

Startup 150

Startup Entrepreneur Elevator Pitch Seed Stage 150

Startup Professionals Musings

JANUARY 12, 2018

The “valley of death” is a common term in the startup world, referring to the difficulty of covering the negative cash flow in the early stages of a startup, before their new product or service is bringing in revenue from real customers. Join a startup incubator. Only one-third make it past their tenth anniversary.

Intellectual Property 134

Intellectual Property Technical Review Startup Incubator 134

Startup Professionals Musings

FEBRUARY 19, 2013

The “valley of death” is a common term in the startup world, referring to the difficulty of covering the negative cash flow in the early stages of a startup, before their new product or service is bringing in revenue from real customers. Join a startup incubator. Solicit funds from friends and family. Use crowd funding.

Intellectual Property 309

Intellectual Property Technical Review Venture Capital Startup 309

The Startup Magazine

NOVEMBER 28, 2018

The Startup Magazine recently featured two of the FUND Conference Top 3 Exhibitor winners, Happenstance , and Digs. The top startup at this year’s FUND Conference in Chicago, Illinois was Balodana , a fashion purchasing platform disrupting the women’s e-commerce fashion industry. We’ve saved the best for last.

Technical Review 157

Technical Review Software Review Illinois Due Diligence 157

NZ Entrepreneur

SEPTEMBER 28, 2023

Matt Miller, founder of BrakeAce , made a Reel for his startup that got 1M+ views in ten days. He shares his learnings for startup founders here. If you’re a busy startup like us, it’ll be impossible to keep short form creativity elevated long term. So given you need some headspace, maybe it does take a lot of time?

Viral 103

Viral Startup Bootstrapping Algorithm 103

Startup Professionals Musings

JUNE 2, 2023

Yet everyone has limits, and every investor implicitly has similar limits on what makes a startup investable, or one to avoid at all costs. Here is my perspective on the highest risk elements, from my years of working with investors and watching startups come and go: All the co-founders are first-time entrepreneurs.

New York City 246

New York City Silicon Valley Bootstrapping Technical Review 246

YoungUpstarts

MAY 17, 2017

“You need three things to create a successful startup: to start with good people, to make something customers actually want, and to spend as little money as possible.” – Paul Graham. Have you ever considered working for yourself; ergo, opening your own startup? What is a startup? Funding your startup. Final words.

San Diego 138

San Diego Venture Capital Startup Bootstrapping 138

ReadWriteStart

FEBRUARY 18, 2020

Instead, knowing how to bootstrap your startup might be a better option. How to Bootstrap Your Startup. When you bootstrap your startup, you retain full control of the new business. If bootstrapping is right for your small business, the following tips can help you through the process.

Bootstrapping 145

Bootstrapping Startup Cofounder Angel Investor 145

YoungUpstarts

AUGUST 19, 2019

Legal startups are upsetting the legal industry in a good way. The top companies offering industry-changing products and services comprise: 1. Businesses bootstrapping their approach to progress will discover this service lucrative for: Incorporating. The objective of LawTrades is to fix the broken law firm model. Making wills.

United Kingdom 113

United Kingdom Startup Software Review Bootstrapping 113

Startup Professionals Musings

DECEMBER 15, 2014

In my experience, that’s actually the worst way to start, for reasons I will outline here, and also the least common way, according to an authoritative survey of new startups. Entrepreneurs who plan to complete a business plan the first month, find an investor the second, and roll out a product the third month are just kidding themselves.

Bootstrapping 276

Bootstrapping Entrepreneur Startup Burn Rate 276

YoungUpstarts

AUGUST 24, 2015

With the key themes of freedom and value at its core, “ The $100 Startup ” is a brilliant blueprint assisting “wannapreneurs” keen to heed the rallying call of the microbusiness revolution. Capture our content (text, video, or audio), package the materials into a product, price it appropriately, and publish it. #2

Technical Review 100

Technical Review Software Review South Carolina Startup 100

Startup Professionals Musings

APRIL 14, 2014

Sponsored by VISA Business If you have a unique product or service, and you are not selling it around the world on the Internet, now is the time to start. Here are the key steps for a personal home-based business website selling your consulting service or a few products (as an alternative to eBay): Go online to reserve a website domain name.

Startup 252

Startup eCommerce Hosting Bootstrapping 252

Startup Professionals Musings

SEPTEMBER 12, 2021

As a startup mentor and investor, I am approached regularly by aspiring entrepreneurs who assert that business plans take too much time, are inaccurate, and rarely add value. Tiny bootstrapped teams usually don’t have a business plan, and probably don’t need one. Writing it down promotes both understanding and commitment.

Business Plan 316

Business Plan Technical Review Angel Investor Due Diligence 316

Startup Professionals Musings

JULY 14, 2014

The “valley of death” is a common term in the startup world, referring to the difficulty of covering the negative cash flow in the early stages of a startup, before their new product or service is bringing in revenue from real customers. Join a startup incubator. Solicit funds from friends and family. Use crowd funding.

Entrepreneur 283

Entrepreneur Intellectual Property Technical Review Incubator 283

Startup Professionals Musings

SEPTEMBER 25, 2023

Many first-time entrepreneurs find themselves unable to bootstrap their startups, and also unable to find early funding at the venture capital level or even with angel investors. These are the only people likely to believe in newbies, with only minimal product evidence or business experience.

Sweat Equity 274

Sweat Equity Elevator Pitch Startup Equity 274

Startup Professionals Musings

MARCH 16, 2011

Money to build the business is the number one challenge for most startups. A large percentage of startups never apply to either. You need to explore more common and more productive approaches for getting your startup moving forward. Self-funding is the preferred source of cash for your startup – if you can do it.

Technical Review 233

Technical Review Bootstrapping Startup Venture Capital 233

Startup Professionals Musings

FEBRUARY 15, 2023

It’s more possible to bootstrap today than a few years ago, as the cost of entry continues to go down. The key to successful bootstrapping is to master the do-it-yourself approach, defer compensation or barter services whenever possible and become a frugal minimalist in all things requiring a cash outlay.

Equity 349

Equity Hockey Stick Bootstrapping Sweat Equity 349

Startup Professionals Musings

FEBRUARY 9, 2020

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. The sales professional.

Technical Cofounder 308

Technical Cofounder Cofounder Advisory Board Stock Options 308

YoungUpstarts

MAY 6, 2019

by Arsalan Sajid, startup community manager at Cloudways. Life is not a box of chocolates and startups are not always easy to start. There is a complete process that governs the startup lifecycle including inception to exit. They make money by starting a product from scratch and then selling it in thousands of dollars.

Startup 113

Startup Technical Cofounder Merger Early Stage 113

Startup Professionals Musings

FEBRUARY 18, 2018

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. The sales professional.

Technical Cofounder 144

Technical Cofounder Cofounder Advisory Board Startup 144

Startup Professionals Musings

JUNE 11, 2014

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. dream team entrepreneur startup technical'

Technical Cofounder 245

Technical Cofounder Cofounder Advisory Board Startup 245

ReadWriteStart

JANUARY 23, 2023

Every year, new startup entrepreneurs attempt to launch a business on the leanest budget possible. Whatever the case, you’ll need to make some big sacrifices and strategic managerial decisions if you want this lean startup budget to work — and it’s definitely possible. Consider a hybrid workplace. Focus on versatile picks.

Lean 158

Lean Technical Review Startup Acquisition 158

Gust

APRIL 27, 2014

Even when your startup is a one-man show and lots of fun, a “business” needs some discipline and controls to keep it from being defined as a hobby by investors, and assure some financial return. Here are eight key business tasks that relate to almost every startup, generally prioritized by criticality. Product development process.

Startup 187

Startup Institutional Investors Angel Investor Bootstrapping 187

YoungUpstarts

JULY 16, 2019

New product or service development. No matter how fantastic your innovations are or excellent your new ideas appear to be, you will always need capital to bootstrap any business innovations you might have. This is another unique way in which debt appears important to a business startup. Taking advantage of the tax code.

Software Review 113

Software Review Startup Equity Bootstrapping 113

Startup Professionals Musings

MAY 8, 2022

Most entrepreneurs struggle with many startup founders quandaries in building their business, and these key dilemmas are probably the biggest source of pain and failure for the entrepreneur lifestyle. No one wants to put in money until you have a product, and you need money to build the product. The founder succession dilemma.

Founder 325

Founder Hockey Stick Cofounder Liquidity Event 325

The Next Web

SEPTEMBER 22, 2013

But have you ever had the opportunity to pick the brains of founders who created amazingly successful startups and companies like Envato , Backblaze , Simple , or Treehouse ? Starting a startup isn’t easy and there will always be people who tell you that something is impossible. Gleb Budman , CEO of Backblaze. Nothing is impossible.

Cofounder 164

Cofounder Founder Startup Bootstrapping 164

Startup Professionals Musings

AUGUST 23, 2021

Thus, in my role as mentor to young entrepreneurs, I always recommend that you first take a hard look at your own values and priorities, before jumping into any new startup, as the founder, or even as a side hustle. Timing is critical for every startup. Of course, if you wait for the perfect time, you may never start.

Startup 399

Startup Exit Strategy Cofounder Equity 399

Startup Professionals Musings

DECEMBER 9, 2019

To refresh your memory, angel investors are typically high net worth individuals, accredited by the SEC and willing to invest their own money in a high-potential startup for a share of the ownership. Business-to-business products need professional investors. In the real world, most angels are regular business people like you and me.

Non-disclosure Agreement 299

Non-disclosure Agreement Angel Investor Bootstrapping SEC 299

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.

Bootstrapping 100

Bootstrapping Cofounder Startup Sales Cycle 100

Startup Professionals Musings

OCTOBER 9, 2016

Yet everyone has limits, and every investor implicitly has similar limits on what makes a startup investable, or one to avoid at all costs. Here is my perspective on the highest risk elements, from my years of working with investors and watching startups come and go: All the co-founders are first-time entrepreneurs.

New York City 120

New York City Silicon Valley Startup Bootstrapping 120