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The Smartest Entrepreneurs Bootstrap Their Startup

Startup Professionals Musings

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. In fact, most of the rich entrepreneurs you know actively turned away early equity proposals. Need to spread the risk.

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10 Keys To Surviving Startup Cash Flow Requirements

Startup Professionals Musings

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. Self-funding or bootstrapping is still the most common and safest approach for startups Keep your day job until real revenue flows. Solicit funds from friends and family.

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Some Good Startups Don’t Qualify For Equity Investors

Startup Professionals Musings

Angel investors and venture capitalists don’t make equity investments in nonprofit good causes. What options do they have available to them, since they can’t sell a share of the company (no equity investment)? For a nonprofit, bootstrapping is self-funding from donations and fund-raising. That’s a higher calling.

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The Smartest Entrepreneurs Bootstrap Their Startup

Gust

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. In fact, most of the rich entrepreneurs you know actively turned away early equity proposals. Need to spread the risk.

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10 Tips For A New Venture To Survive The Early Years

Startup Professionals Musings

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. Self-funding or bootstrapping is still the most common and safest approach for startups Keep your day job until revenue starts to flow. Set expectations accordingly.

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8 Keys To Starting A Venture With Minimal Equity Loss

Startup Professionals Musings

It’s more possible to bootstrap today than a few years ago, as the cost of entry continues to go down. With one of the many new tools , and a dose of sweat equity, you can create a website for almost nothing -- and you are on your way to success with ecommerce, your latest invention or personal services.

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7 Startup Costs That You Assume With Outside Funding

Startup Professionals Musings

One of the myths I often hear as an advisor to many entrepreneurs is that their lifestyle would somehow be better if they could more easily find other people’s money to build their startup. Most entrepreneurs never forget for a moment that having investors means owing money, even if they can legally argue that equity is not debt.

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