The Next Web

JULY 13, 2012

In the startup world, venture capital is often viewed as the penultimate goal, yet for many startups bootstrapping is often the reality. Your CPA can advise you on the best legal structure for your particular situation, as your choice in entity can have some pretty significant implications on your taxes.

CPA 126

CPA Startup LLC Bootstrapping 126

Austin Startup

APRIL 10, 2017

Seriously, this is not an exaggeration I think people throw around the word “bootstrapped” too casually. I hate to break it to you, but raising 500K from a friends and family round is not being a bootstrapped startup. I got my taxes done by a CPA while I helped him redo his website.

Bootstrapping 54

Bootstrapping CPA Cofounder PR 54

Startup Lessons Learned

JUNE 5, 2009

Luckily, we also discovered that certain other metrics, like LTV and CPA were much better than we initially projected. This model of joint accountability is at the heart of the lean startup, and is just as applicable to venture-backed, bootstrapped, and enterprise startups.

San Francisco 102

San Francisco Lean Continuous Deployment Startup 102

Up and Running

FEBRUARY 9, 2015

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. You got to be strategic especially with your time, with the partners that you align yourself with and even with the hires that you make. You are your own secretary.

Social Media 60

Social Media Small Business Software Review Technical Review 60

Up and Running

MAY 28, 2015

When do we hire that new person? You don’t need a CPA. I strongly endorse bootstrapping, and I will tell you I speak from experience. We had three mortgages and $65,000 in credit card debt at one point doing this bootstrapping. Another thing really important in concrete specifics is just the way humans work.

Lean 60

Lean Business Plan Video Software Review 60

Software By Rob

JULY 21, 2011

If you’re bootstrapping, use bottom-up.). If you can convert 1% of your visitors to customers this means you need 100 clicks for each purchase, making your cost per acquisition (CPA) $400. your CPA jumps to $800. 40, your CPA will be $40. Hint: if you’re looking for funding, use top-down. If you convert 0.5%

CPA 73

CPA Churn Rate Customer Acquisition 73

Hearpreneur

SEPTEMBER 16, 2015

We were bootstrapping the company’s funding, so we could not afford to hire a firm to help us come up with a company name. This might sound stupid, but I simply named my company a combination of my name and my job description: “Micah Fraim, CPA”. He hired my new firm to get more media attention. Image Credit: Ron Johnsey.

Naming 48

Naming Entrepreneur Haiti Nigeria 48