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The Entrepreneur’s Essentials #8: Bootstrap or VC?

Austin Startup

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.

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25 Entrepreneurs Share Their Thoughts on the Future of Entrepreneurship

Hearpreneur

There will be less employees and more solopreneurs. After the huge impact Covid had on businesses and the global economy in general, I strongly believe entrepreneurship will become the younger generation's first and most viable option rather than a forward-looking and hard-to-reach goal as it’s seen nowadays. 10- Diverse and digital.

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Pricing determines your business

A Smart Bear: Startups and Marketing for Geeks

Even outliers like WhatsApp (sold for $19b with 55 employees) and Instagram (sold for $1b with 13 employees) raised lots of venture funds. Even bootstrapped businesses can make this work (e.g. This is often B2C because the value is in quantity of customers, and there’s 100x more consumers than businesses. $1/mo

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A New Era For Entrepreneurs And Startups Has Begun

Startup Professionals Musings

Thus a record number of entrepreneurs (and employees) are getting rich. No wonder 90% of the successful startups still bootstrap. Entrepreneurs now can think globally about the opportunity, from day one but start locally. A year from now that’s projected to go as high as 100. Cost of entry for a startup is at an all-time low.

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7 Personal Decisions That Delineate Your Best Startup

Startup Professionals Musings

Bootstrapping is always a great alternative, since you can retain full ownership and make all your own decisions. Would I prefer a local business or global enterprise? For example, TOMS shoes agreed to donate a pair of shoes to the needy for every pair sold. The return was far greater than the cost of donated shoes.

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10 Reasons For Joining The New Startup Wave Now

Startup Professionals Musings

Thus a record number of entrepreneurs (and employees) are getting rich. No wonder 90% of the successful startups still bootstrap. Entrepreneurs now can think globally about the opportunity, from day one but start locally. Two of these, Uber and Xiaomi, are already above $40 billion.

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IT Management Company InvGate Just Got a Huge Cash Injection

ReadWriteStart

InvGate’s products are made to simplify IT management for businesses with 50-50,000 employees. Products offered by the business consist of a help desk for employees, security compliance tools, and budgeting software. Gesto decided to scale InvGate after bootstrapping for the past 14 years.