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. Customer support is more than handling exceptions.

Business Model 120

Business Model Angel Investor Startup Bootstrapping 120

Startup Professionals Musings

JULY 18, 2020

When I heard a friend and business mentor say, “Your startup won’t fail if you don’t quit,” I realized that every entrepreneur should adopt “never give up” as their mantra. Rather than quitting, there are always alternatives, like pivoting the business model or merging with new partners for support.

Entrepreneur 304

Entrepreneur Bootstrapping Business Model Social Media 304

Startup Professionals Musings

JULY 22, 2020

Government grants and industry partners are you best bet here, but Angel investors might give you $250,000 to $1 million, if you have the right business case and credentials. You are now entering the rollout stage , with money required for marketing, hiring a full-time team, and a production process. Congratulations!

Angel Investor 370

Angel Investor Intellectual Property Investment Bankers Private Equity 370

ReadWriteStart

JUNE 29, 2020

In other words, you must start bootstrapping an online startup , because the future of the global business world is online. The companies that have the greatest chance of surviving the global economic shutdown are the ones that have pivoted their business processes from the brick-and-mortar model to an online model.

Bootstrapping 85

Bootstrapping Global Startup Hungary 85

Hearpreneur

SEPTEMBER 15, 2019

Poor performance in business doesn’t always imply the failure of a business. It can be an improving point for a business or mark its upward trajectory. She found her audience and her business model and focused on scaling her concept and she made it work. She is the ultimate turnaround success story for me!

Entrepreneur 73

Entrepreneur Bankruptcy Bootstrapping B2B 73

The Next Web

AUGUST 26, 2013

Today, in steps 10-12 I want to discuss with you raising your first round of money, hiring to develop and maintain your company culture, as well as defining your role in the management of your startup. Raise your first round of money, or bootstrap. There are two ways to start a tech business.

Management 120

Management Cofounder Startup Bootstrapping 120

ReadWriteStart

NOVEMBER 19, 2010

And in 1M/1M, we're trying to short circuit their process of learning and maturing into successful, seasoned entrepreneurs by teaching them things that they need to know, and augmenting their rolodex (or lack thereof) by putting ours to work on their behalf to help recruit customers, channel partners, and investors. Rangrut.com.

Silicon Valley 114

Silicon Valley Technical Review Startup Early Stage 114

Startup Professionals Musings

AUGUST 15, 2018

When I heard a friend and business mentor say, “Your startup won’t fail if you don’t quit,” I realized that every entrepreneur should adopt “never give up” as their mantra. Rather than quitting, there are always alternatives, like pivoting the business model or merging with new partners for support.

Bootstrapping 141

Bootstrapping Business Model Social Media Partner 141

Startup Professionals Musings

MAY 10, 2014

When I heard a friend and business mentor say, “Your startup won’t fail if you don’t quit,” I realized that every entrepreneur should adopt “never give up” as their mantra. Rather than quitting, there are always alternatives, like pivoting the business model or merging with new partners for support.

Startup 275

Startup Bootstrapping Business Model Social Media 275

David Teten

AUGUST 19, 2019

I’ve been a traditional equity VC for 8 years, and I’m now researching new business models in venture capital. In 2019 we partnered with several revenue-based lending providers, effectively creating a marketplace. “. Our wheelhouse is bootstrapped (or lightly capitalized) SMB SaaS. Bigfoot Capital.

Revenue 60

Revenue Technical Review Software Review Equity 60

Duct Tape Marketing

APRIL 6, 2022

Steve is the CEO of Founders Space, one of the world’s leading startup accelerators with over 50 partners in 22 countries. Steve is also the author of Surviving a Startup: Practical Strategies for Starting a Business, Overcoming Obstacles, and Coming Out on Top. You know, could you look at my business plan?

San Francisco 97

San Francisco Technical Review Incubator Silicon Valley 97

Startup Professionals Musings

NOVEMBER 9, 2015

Bootstrapping not only reduces cash needs, but increases commitment. The need to hire staff immediately. Hitting a broad market initially with multiple fully-featured products and a huge marketing campaign is a recipe for disaster that bootstrapped startups never try.

Bootstrapping 120

Bootstrapping Cofounder Equity Agile 120

Startup Professionals Musings

AUGUST 19, 2018

Government grants and industry partners are you best bet here, but Angel investors might give you $250,000 to $1 million, if you have the right business case and credentials. You are now entering the rollout stage , with money required for marketing, hiring a full-time team, and a production process. Congratulations!

Angel Investor 184

Angel Investor Intellectual Property Investment Bankers Private Equity 184

Tim Keane

SEPTEMBER 28, 2011

Hiring the right folks with broad experience beyond what is immediately called for is a great idea - if you can find them and if they'll work well with the entrepreneurs.    And then the partners come calling.   And then the partners come calling. Bootstrapping.      Search.

Technical Cofounder 68

Technical Cofounder Wisconsin Cofounder IP 68

Startup Professionals Musings

AUGUST 3, 2016

When I heard a friend and business mentor say, “Your startup won’t fail if you don’t quit,” I realized that every entrepreneur should adopt “never give up” as their mantra. Rather than quitting, there are always alternatives, like pivoting the business model or merging with new partners for support.

Bootstrapping 120

Bootstrapping Business Model Social Media Partner 120

Up and Running

DECEMBER 23, 2019

One of the most important decisions a new business owner can make is how they’re going to finance their venture. . Bootstrapping, saving funds over years, borrowing from friends and family, taking out a bank loan and pitching investors are all viable options, but some will work better than others for your specific business. .

Finance 92

Finance Sweat Equity Bootstrapping Entrepreneur 92

Startup Professionals Musings

JANUARY 29, 2013

This suggests you have lost your passion for the current business model, probably because someone suggested you change from your original concept to make it easier, or to make more money. So you made some bad hiring or partner decisions. I don’t have the skills or discipline to run this business.”

Turkey 252

Turkey Startup Bootstrapping Differentiation 252

Startup Professionals Musings

JULY 4, 2014

Government grants and industry partners are you best bet here, but Angel investors might give you $250,000 to $1 million, if you have the right business case and credentials. You are now entering the rollout stage , with money required for marketing, hiring a full-time team, and a production process. Congratulations!

Angel Investor 232

Angel Investor Intellectual Property Investment Bankers Private Equity 232

Startup Professionals Musings

SEPTEMBER 10, 2011

This suggests you have lost your passion for the current business model, probably because someone suggested you change from your original concept to make it easier, or to make more money. So you made some bad hiring or partner decisions. I don’t have the skills or discipline to run this business.”

Turkey 229

Turkey Startup Bootstrapping Differentiation 229

Startup Professionals Musings

AUGUST 19, 2010

This suggests you have lost your passion for the current business model, probably because someone suggested you change from your original concept to make it easier, or to make more money. So you made some bad hiring or partner decisions. I don’t have the skills or discipline to run this business.”

Turkey 239

Turkey Startup Bootstrapping Differentiation 239

Startup Professionals Musings

AUGUST 13, 2016

Government grants and industry partners are you best bet here, but Angel investors might give you $250,000 to $1 million, if you have the right business case and credentials. You are now entering the rollout stage , with money required for marketing, hiring a full-time team, and a production process. Congratulations!

Matching 120

Matching Angel Investor Intellectual Property Investment Bankers 120

thenetsetter.com

OCTOBER 23, 2010

Collis Taeed 16th March Business Models 9 Comments One of the best sources of information on startups is the obscenely talented Paul Graham who has written a wealth of essays on the subject. In most instances they still require some development, but it’s the kind that you can generally easily hire.

Web 40

Web Technical Review Developer Cofounder 40

YoungUpstarts

DECEMBER 2, 2019

In fact, remote work is on the rise – especially in the form of virtual assistants – and it’s one of the primary reasons why more small businesses are opting to outsource work. Here are some benefits of partnering with a virtual assistant: · They help put processes in place. is the single biggest outsourcing country globally.

Technical Review 147

Technical Review Due Diligence Technical Support Bootstrapping 147

blog.captainrecruiter.com

MARCH 8, 2012

Eventually I was able to scrape up a few bucks and hired Sarah to build me a website prototype. That prototype is now something I use everyday to run my recruiting business. Eventually Ill hire a software geek of my own, but right now Im doing just fine without one. Partnering with me at that stage was speculative at best.

Cofounder 40

Cofounder Technical Cofounder Founder Software Engineering 40

Reid Hoffman

MARCH 19, 2019

What makes this tricky is that markets evolve, and an innovative technology or business model can transform a normal market into a Glengarry Glen Ross market. In it we explicitly state: “The real value creation comes when innovative technology enables innovative products and services with innovative business models….What

Cofounder 28

Cofounder Business Model IPO Non-Compete 28

David Teten

JANUARY 21, 2021

(co-written with Jamie Finney, Founding Partner at Greater Colorado Venture Fund. With a portfolio that includes food, tech, and services, the fund is industry-agnostic and focused on the overlooked and underrepresented with high-margin business models. His work on VC and small communities can be found at greatercolorado.vc/blog.

Equity 78

Equity Revenue Cofounder Colorado 78

Growthink Blog

MAY 23, 2011

An entrepreneur starts a company in classic " bootstrap " fashion - with a combination of sweat equity and their own financial resources. Management has the wrong pedigree, is geographically undesirable, competes in the wrong industry, and/or has a business model that lacks "scalability credibility" with the venture community.

Angel Investor 112

Angel Investor Venture Capital Sweat Equity Cram Down 112

Tim Keane

FEBRUARY 3, 2010

OVP Venture Partners) My own take on this is that a business plan with a bottom up forecast demonstrates an understanding of the potential market that investors love.    If we time these cash flows correctly, we can hire 5 new reps per month.  Bootstrapping. A lot has been written about this. 

Marketing 116

Marketing Wisconsin Startup Angel Investor 116

Up and Running

FEBRUARY 9, 2015

You need to get your personal debt under control and the reason why is because you’re probably going to need to use that credit capacity in the early years of your business. Most people who bootstrap their business do it on their personal credit card and if yours are maxed out from the day you start your business you’re going nowhere fast.

Social Media 60

Social Media Small Business Software Review Technical Review 60

Tim Keane

MARCH 24, 2008

Heres an interesting proposition for a new medical diagnostic business. You (the entrepreneur and founder of this "company") hire a call center to take calls from customers who want an inexpensive medical diagnosis. Heres an interesting proposition for a new medical diagnostic business. Not for an intermediary.

Wisconsin 60

Wisconsin Angel Investor Bootstrapping Startup 60

Bryce Dot VC

FEBRUARY 9, 2016

We’ve provided follow on capital to one of the profitable companies, Fohr Card , to accelerate a few of their hires and anticipate doing the same for others who don’t need, but could benefit from, some additional funding. There was clearly a change in the air as markets cool and fundraising is no longer the durable business model it once was.

Los Angeles 40

Los Angeles LP Bootstrapping Revenue 40

venturebeat.com

MARCH 8, 2011

You can’t answer emails during normal business hours. You can’t afford to hire three developers to add features and bugs. Embrace slow growth – We all have dreams of stratospheric growth, but it’s not a “plan,&# especially not for a business you’re running in your spare time.

Software Review 41

Software Review Startup Technical Review Mobile 41

Tim Keane

JULY 20, 2007

Is Business Model Analysis Important To You? I was in Italy a couple of weeks ago at the request of the US State Department to discuss angel investing with IBAN, the Italian Business Angels Network. We are very careful about our investment partners for this reason. When companies do hire, hire slowly and accurately.

Italy 60

Italy Angel Investor Wisconsin Harvest 60

Tim Keane

JULY 16, 2008

Use your business model to build an early warning system. A business model reveals how the business plans to make money. It incorporates all of the assumptions you are making about your business. If the business model is proven and the input of cash at this level will create real growth, fine.

Wisconsin 60

Wisconsin Startup Angel Investor Business Model 60

Up and Running

MAY 23, 2016

The one-page pitch format is also more suitable for SaaS businesses that are constantly testing new ideas. Your pitch is going to cover your strategy (what you’re going to do), your tactics (how you’re going to do it), your business model (how you will make money), and your schedule (who is doing what and when).

Software Review 74

Software Review Software Delaware Forecast 74

A Smart Bear: Startups and Marketing for Geeks

MARCH 11, 2014

Edwin: Oh sorry, so the business model. Edwin: The business model is that the organizer has to pay. And standing out to a company that got $10 million dollars in funding even before they started Asana is going to be very hard if you bootstrap it with your savings. Jason: That’s called bootstrapping, right.

Technical Cofounder 220

Technical Cofounder Cofounder Software Review Management 220

The Next Web

DECEMBER 30, 2012

How to identify and engage the first customers for your product, and how to gather, evaluate and use their feedback to make your product, marketing and business model far stronger. Startup Hiring : How to attract, hire and retain the best people.

Artificial Inteligence 156

Artificial Inteligence Founder Private Equity Ruby 156