Remove Angel Investor Remove Bootstrapping Remove Lean Remove Product Development
article thumbnail

10 Keys To Surviving Startup Cash Flow Requirements

Startup Professionals Musings

The problem is that professional investors (angels and venture capital) want a proven business model before they invest, ready to scale, rather than early projections and product development. After bootstrapping, friends and family are the most common funding sources for early-stage startups.

article thumbnail

10 Strategies To Cover New Product Development Costs

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. It always reduces risk to plan your business first. Set expectations accordingly.

Insiders

Sign Up for our Newsletter

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

article thumbnail

10 Financing Alternatives For Your Next New Venture

Startup Professionals Musings

The problem is that professional investors (angels and venture capital) want a proven business model before they invest, ready to scale, rather than early projections and product development. After bootstrapping, friends and family are the most common funding sources for early-stage startups.

Finance 320
article thumbnail

10 Startup Strategies To Minimize Cash Flow Disasters

Startup Professionals Musings

The problem is that professional investors (angels and venture capital) want a proven business model before they invest, ready to scale, rather than early projections and product development. After bootstrapping, friends and family are the most common funding sources for early-stage startups.

article thumbnail

Watching Larry Ellison become Larry Ellison — The DNA of a Winner

Steve Blank

It wasn’t always perfect, but it was way more right than wrong, It informed our product development to a great degree and kept us working on more or less the right stuff. Pragmatic and Lean. Larry was loathe to sell any of the company stock; he generally took a dim view of VCs and preferred to bootstrap. What a gift!

article thumbnail

Raising Money Using Customer Development

Steve Blank

It should go without saying that this post is not advice, nor is it recommendation of what you should do, it’s simply my observation of how companies using Customer Development positioned themselves to successfully raise money from venture investors. Is there a profitable business model? Can it scale?” Great post!

article thumbnail

The Ultimate Guide to Starting a Software Company

Up and Running

Step 1: Start with a lean plan. It’s the fastest way to get your idea onto paper, and it’s the very first step in the lean planning process, which is much easier and more iterative than traditional business planning methods. Introducing Lean Planning: How to Plan Less and Grow Faster. How to Write a Traditional Business Plan.