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10 Keys To Surviving Startup Cash Flow Requirements

Startup Professionals Musings

Self-funding or bootstrapping is still the most common and safest approach for startups Keep your day job until real revenue flows. After bootstrapping, friends and family are the most common funding sources for early-stage startups. Bartering technically means exchanging goods or services as a substitute for money.

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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. Of course, every company needs these, in due time. bootstrap business entrepreneur startup' You need a prototype.

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Non-Technical Entrepreneurs Need the Right Partner

Startup Professionals Musings

I often hear the qualms of business-smart but non-technical entrepreneurs, wondering if they really have a chance in this high-technology marketplace. I tell them that if their idea or solution is technology intensive, they clearly need technology strength on the team. Outsource your technical requirements.

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Dual Founders Manage Technology Startups Better

Startup Professionals Musings

I often hear the qualms of business-smart but non-technical entrepreneurs, wondering if they really have a chance in this high-technology marketplace. I tell them that if their idea or solution is technology intensive, they clearly need technology strength on the team. Outsource your technical requirements.

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10 Tips For A New Venture To Survive The Early Years

Startup Professionals Musings

Self-funding or bootstrapping is still the most common and safest approach for startups Keep your day job until revenue starts to flow. After bootstrapping, friends and family are the most common funding sources for early-stage startups. Bartering technically means exchanging goods or services as a substitute for money.

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7 Startup Costs That You Assume With Outside Funding

Startup Professionals Musings

They don’t realize that according to many experts , more than 90 percent of satisfied entrepreneurs use bootstrapping, since other people’s money always comes with strings, most of them negative. Bootstrapping gives you the flexibility to explore creative alternatives. You left your corporate job to get away from budgets.

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7 Scenarios Where A Business Plan Is Still An Asset

Startup Professionals Musings

Tiny bootstrapped teams usually don’t have a business plan, and probably don’t need one. Although the major crowd funding sites today, including Kickstarter and Indiegogo , don’t technically require a business plan, they do demand essentially the same information in a project format. You need money, and plan to do crowdfunding.