Startup Professionals Musings

DECEMBER 6, 2019

My first advice for new entrepreneurs is to pick a domain, such as online web sites and smart phone apps, that doesn’t have the sky-high up-front development costs. That includes estimating the money required to get to the revenue stage, and saving money to cover costs before you jump off the cliff.

Finance 320

Finance Intellectual Property Technical Review Incubator 320

VC Cafe

JANUARY 22, 2021

A few months ago, VC Cafe launched a series on startup engagement and outreach programs of large tech companies. Amazon Corporate Development – Notable acquisitions include Whole Foods ($13.7B), smart doorbell system Ring ($1.2B, 2018) and autonomous mobility technology Zoox ($1.2bn). AI startups in the Alexa Fund portfolio.

Technical Review 174

Technical Review Startup Venture Capital Incubator 174

Gust

DECEMBER 15, 2013

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. Invested Interests bootstrapping entrepreneur investor startup'

Bootstrapping 183

Bootstrapping Sweat Equity Entrepreneur Technical Review 183

YoungUpstarts

DECEMBER 2, 2019

Not only does the outsourcing business model improve performance and reduce a company’s overall costs – a significant appeal to bootstrapped startups – but it also gives you access to a worldwide talent pool that would otherwise be beyond your range. Inefficiencies can often cost businesses between 20-30% of their annual revenue.

Technical Review 147

Technical Review Due Diligence Technical Support Bootstrapping 147

Startup Professionals Musings

JUNE 30, 2019

My first advice for new entrepreneurs is to pick a domain that doesn’t have the sky-high up-front development costs, like online web sites and smart phone apps. That includes estimating the money required to get to the revenue stage, and saving money to cover costs before you jump off the cliff. Set expectations accordingly.

Intellectual Property 219

Intellectual Property Technical Review Startup Incubator 219

Startup Professionals Musings

FEBRUARY 25, 2023

Of course, if you are able to bootstrap your startup, and don’t anticipate the need for outside investors, you can technically ignore the first two points. You probably will do that job poorly, unless you plan your exit early, to move on to your next startup role, to do that better the next time.

Exit Strategy 264

Exit Strategy Private Equity Equity Technical Review 264

The Startup Magazine

OCTOBER 9, 2019

All tech startups begin as a concept. The most important difference between a tech startup and a traditional new business is the core objective that drives each. Tech startups are, in contrast, focused on rapid growth, potential, and top-end revenue. Nine out of ten startups fail solely due to improper cash flow management.

Technical Review 112

Technical Review Bootstrapping Startup Finance 112

Startup Professionals Musings

FEBRUARY 29, 2020

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.

Bootstrapping 310

Bootstrapping Advisory Board Venture Capital Startup 310

Startup Professionals Musings

MAY 25, 2020

Of course, if you are able to bootstrap your startup, and don’t anticipate the need for outside investors, you can technically ignore the first two points. You probably will do that job poorly, unless you plan your exit early, to move on to your next startup role, to do that better the next time.

Exit Strategy 376

Exit Strategy Startup Private Equity Equity 376

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. Things such as driver-less cars and new medicines are far more than a technology challenge. New drugs usually fall in this category, due to side-effect testing.

New York City 246

New York City Silicon Valley Bootstrapping Technical Review 246

YoungUpstarts

AUGUST 24, 2015

By bootstrapping, bartering, reducing overheads (rental and manpower), and leveraging technology (especially the web), one can start one’s own business almost on a dime without being beholden to creditors or venture capitalists. Software Developer: From “App developer” to “We provide technology solutions to take your headaches away”.

Technical Review 100

Technical Review Software Review South Carolina Startup 100

Startup Professionals Musings

JULY 14, 2014

My first advice for new entrepreneurs is to pick a domain that doesn’t have the sky-high up-front development costs, like online web sites and smart phone apps. That includes estimating the money required to get to the revenue stage, and saving money to cover costs before you jump off the cliff. Set expectations accordingly.

Entrepreneur 283

Entrepreneur Intellectual Property Technical Review Incubator 283

Startup Professionals Musings

SEPTEMBER 17, 2021

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. Push marketing doesn’t work well today, in the age of interactive networking and peer reviews.

Sales 348

Sales Startup Bootstrapping Technical Review 348

Startup Professionals Musings

FEBRUARY 19, 2013

My first advice for new entrepreneurs is to pick a domain that doesn’t have the sky-high up-front development costs, like online web sites and smart phone apps. That includes estimating the money required to get to the revenue stage, and saving money to cover costs before you jump off the cliff. Set expectations accordingly.

Intellectual Property 309

Intellectual Property Technical Review Venture Capital Startup 309

Startup Professionals Musings

JANUARY 12, 2018

My first advice for new entrepreneurs is to pick a domain, such as online web sites and smart phone apps, that doesn’t have the sky-high up-front development costs. That includes estimating the money required to get to the revenue stage, and saving money to cover costs before you jump off the cliff.

Intellectual Property 134

Intellectual Property Technical Review Startup Incubator 134

YoungUpstarts

OCTOBER 21, 2012

Bootstrap, bootstrap, bootstrap. Moules points out that entrepreneurs need to think of their pricing strategy beyond it being the means of covering the costs of running a business. His advice? Don’t innovate, imitate. The high price of success. You cannot cut your way to success. Failure is not failure if you learn.

Technical Review 184

Technical Review Entrepreneur Bootstrapping Acquisition 184

Hearpreneur

JANUARY 25, 2023

This presents a great opportunity for entrepreneurs to launch their own businesses and capitalize on the latest technology. If you have a basic understanding of CSS, HTML, and JS and want to create a WordPress theme, you can do it with Bootstrap and then share it on GetBootstrap, even if you don't know much about WordPress.

Software Review 118

Software Review Technical Review Artificial Inteligence Entrepreneur 118

Up and Running

OCTOBER 13, 2022

If you’re in startup mode and have limited working capital to cover your operating expenses , you may be bootstrapping your way through the early days. That often involves working long hours and keeping your costs lean. The answer depends on what your current operations look like. What if I can’t afford to expand yet?

CTO Hire 163

CTO Hire Fractional CTO CTO Hiring 163

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. Things such as driver-less cars and new medicines are far more than a technology challenge. New drugs usually fall in this category, due to side-effect testing.

New York City 315

New York City Silicon Valley Startup Bootstrapping 315

Hearpreneur

AUGUST 11, 2021

Every waking day, we are having tremendous changes in regulations and technology which greatly affects the way businesses operate. The cost of starting a start-up is getting more affordable day by day and hence there will be a significant increase in start-ups. Even non-tech companies will transition to a digital space.

Entrepreneur 126

Entrepreneur Technical Review Social Media Bootstrapping 126

Startup Professionals Musings

OCTOBER 19, 2015

I usually envision a 50-50 ownership split for their efforts, but every engineer believes the technology side deserves the majority share. If you consider yourself a technologist, you probably believe and may be propagating one of the following myths: The first priority for funding should be to develop the technology.

Technical Review 120

Technical Review Intellectual Property Cofounder Bootstrapping 120

Startup Professionals Musings

NOVEMBER 13, 2012

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. Need expensive resources up front. You need a prototype. Marty Zwilling.

Sweat Equity 239

Sweat Equity Technical Review Bootstrapping Equity 239

ReadWriteStart

JANUARY 23, 2023

One of the best ways to reduce your operating expenses is to reduce or eliminate office costs. If you take your lean startup remote, forgoing a physical office space entirely, you can cut multiple different costs simultaneously. You may be able to bring your rent costs down just by asking. But experience also comes with a cost.

Lean 158

Lean Technical Review Startup Acquisition 158

Startup Professionals Musings

JULY 8, 2015

My first advice for new entrepreneurs is to pick a domain, such as online web sites and smart phone apps, that doesn’t have the sky-high up-front development costs. That includes estimating the money required to get to the revenue stage, and saving money to cover costs before you jump off the cliff.

Entrepreneur 120

Entrepreneur Intellectual Property Technical Review Incubator 120

Startup Professionals Musings

JUNE 25, 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. Following is my prioritized larger list of sources, with some “rules of thumb” which may save you a lot of time and energy: Bootstrapping. Friends and family.

Technical Review 257

Technical Review Bootstrapping Venture Capital Incubator 257

A Smart Bear: Startups and Marketing for Geeks

NOVEMBER 5, 2014

” How many times have you heard someone agree that “it would be great if someone did X,” but when show them someone did do X, but it costs $39.99, they don’t buy? Or seen a review of an iPhone app hung up on pricing trivialities: “It would be pretty good at $0.99, but it’s not worth $1.99.”

Bootstrapping 294

Bootstrapping Technical Review B2C Sales Cycle 294

Startup Professionals Musings

FEBRUARY 7, 2015

Most technical entrepreneurs focus hard on building an innovative product, but forget that an elegant solution doesn’t automatically translate into a successful business. Defining the right business model requires the same diligence as designing the right product, but the approach and skills required are different.

Business Model 120

Business Model Technical Review Advisory Board Software Review 120

Austin Startup

NOVEMBER 25, 2018

Although bootstrapping is still an approach in Austin, a lot has changed since I wrote my original challenge to the Bootstrap Austin group back in 2005. Bootstrap Austin, started by Bijoy Goswami. The original Bootstrap Austin was truly special and Bijoy did an amazing job bringing together some terrific entrepreneurs.

Bootstrapping 48

Bootstrapping Austin Equity Cofounder 48

Startup Professionals Musings

SEPTEMBER 22, 2011

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. Need expensive resources up front. You need a prototype. Marty Zwilling.

Sweat Equity 255

Sweat Equity Technical Review Entrepreneur Bootstrapping 255

YoungUpstarts

AUGUST 19, 2019

The company’s on-demand legal service utilizes mobile messaging to lessen cost and set aside consumers money. Businesses bootstrapping their approach to progress will discover this service lucrative for: Incorporating. A free of cost, a non-obligatory call is offered from any lawyers chosen. Making wills. Trademarks.

United Kingdom 113

United Kingdom Startup Software Review Bootstrapping 113

Startup Professionals Musings

MARCH 16, 2011

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. Following is my prioritized larger list of sources, with some “rules of thumb” which may save you a lot of time and energy: Bootstrapping. Friends and family.

Technical Review 233

Technical Review Bootstrapping Startup Venture Capital 233

Startup Professionals Musings

SEPTEMBER 12, 2014

Of course, if you are able to bootstrap your startup, and don’t anticipate the need for outside investors, you can technically ignore the first two points. You probably will do that job poorly, unless you plan your exit early, to move on to your next startup role, to do that better the next time.

Exit Strategy 289

Exit Strategy Entrepreneur IPO Startup 289

David Teten

AUGUST 19, 2019

Since 2017 we’ve managed $3 million in revenue-based financing, which helps cash-strapped technology companies grow. Our wheelhouse is bootstrapped (or lightly capitalized) SMB SaaS. Investment Criteria: B2B SaaS or tech-enabled services with proven, recurring contracts. Earnest Capital : Earnest is not technically RBI.

Revenue 60

Revenue Technical Review Software Review Equity 60

Startup Professionals Musings

OCTOBER 22, 2018

Yet everyone has limits, and every investor implicitly has similar limits on what makes a startup investable, or one to avoid at all costs. Things such as driver-less cars and new medicines are far more than a technology challenge. New drugs usually fall in this category, due to side-effect testing.

New York City 202

New York City Silicon Valley Bootstrapping Technical Review 202

Startup Professionals Musings

JUNE 8, 2016

They don’t realize that according to statistics , 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.

Bootstrapping 120

Bootstrapping Advisory Board Startup Venture Capital 120

ConversionXL

NOVEMBER 6, 2019

Mike Arsenault and his two co-founders—all with technical backgrounds—built their MVP while working full time for other SaaS companies. “We We also got lucky and qualified for some startup benefits with companies like Rackspace, who covered our infrastructure costs for the first year,” continues Arsenault. “We

Sweat Equity 78

Sweat Equity Software Review Vesting Cofounder 78

Startup Lessons Learned

APRIL 29, 2013

Most commonly, that’s uncertainty about whether you can build the product at all (what MBAs call “technical risk”) or whether anybody will use or buy it (“market risk”). For example, when your company adds ano ther blade to its disposal razors , the product’s technical development, marketing and sales will follow relatively predictable paths.

Lean 165

Lean Technical Review Startup Software Review 165