Startup Professionals Musings

JANUARY 12, 2018

The problem is that professional investors (angels and venture capital) want a proven business model before they invest, ready to scale, rather than early projections and product development. Self-funding or bootstrapping is still the most common and safest approach for startups Keep your day job until real revenue flows.

Intellectual Property 134

Intellectual Property Technical Review Startup Incubator 134

Startup Professionals Musings

JULY 1, 2017

Self-funding or bootstrapping is still the most common and safest approach for startups Keep your day job until revenue starts to flow. After bootstrapping, friends and family are the most common funding sources for early-stage startups. It always reduces risk to plan your business first. Set expectations accordingly.

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Product Development Cost Developer Product 177

Startup Professionals Musings

JULY 8, 2015

According to a classic Gompers and Lerner study, the challenge is very real, with a majority of new ventures that don't attract investors failing within the first three years. Self-funding or bootstrapping is still the most common and safest approach for startups Keep your day job until real revenue flows.

Entrepreneur 120

Entrepreneur Intellectual Property Technical Review Incubator 120

ReadWriteStart

JUNE 1, 2020

Bootstrapping. I always recommend that you start with bootstrapping. Bootstrapping is when you put your own money or borrow from friends and family to set up your business. Bootstrapping inculcates the entrepreneurial discipline and financial responsibility to run a lean business. ? Sources of funding. ?

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Startup Entrepreneur Elevator Pitch Seed Stage 150

Up and Running

MAY 28, 2015

We recently had Tim Berry, Palo Alto Software founder and business planning expert, present our Bplans audience with his latest advice on lean business planning. Start your lean business plan today: Download our Free Lean Plan Template one-page-pitch-download.pdf. I’m going to start with what’s a lean business plan.

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Lean Business Plan Video Software Review 60

Both Sides of the Table

SEPTEMBER 10, 2021

how on Earth could the venture capital market stand still? One of the most common questions I’m asked by people intrigued by but also scared by venture capital and technology markets is some variant of, “Aren’t technology markets way overvalued? What Does this Mean for a Venture Capital Firm?

Pre-Money Valuation 471

Pre-Money Valuation Valuation Venture Capital Early Stage 471

SoCal CTO

MARCH 1, 2010

My experiments in lean pricing - Venture Hacks , February 16, 2010 Ash Maurya, a lean entrepreneur who runs a bootstrapped startup called CloudFire, discusses pricing issues for first versions (Minimum Viable Product – MVP). This post looks at the implementation details of HTML 5 video. How Unique Is A Unique Visitor? -

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Acquisition Cofounder Technical Cofounder Cost 150

ReadWriteStart

JUNE 29, 2020

In other words, you must start bootstrapping an online startup , because the future of the global business world is online. Before we look at ways to bootstrap a startup, let’s consider a comprehensive definition of what a startup is. Ways to bootstrap a startup. Implement the “lean startup” philosophy. What is a startup?

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Bootstrapping Global Startup Hungary 85

Startup Lessons Learned

APRIL 18, 2010

Lessons Learned by Eric Ries Sunday, April 18, 2010 Four myths about the Lean Startup Myth: Lean means cheap. Lean startups try to spend as little money as possible. Truth: The Lean Startup method is not about cost, it is about speed. Myth: The Lean Startup methodology is only for Web 2.0/internet/consumer

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Lean San Francisco Continuous Deployment Startup 167

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. For this reason, many small business owners lean on their personal credit to fund their business. And self-financing puts the emphasis on business credit.

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CPA Startup LLC Bootstrapping 126

Up and Running

JULY 28, 2020

Venture Capital and Angel Investment. Venture capital or angel investments are individuals or firms that are willing to pump funds into startups. Bootstrapping. Bootstrapping is really something every business owner should do to help feel out the early stages of understanding how much funding you need to operate.

Small Business 118

Small Business SBA Bootstrapping Venture Capital 118

Steve Blank

SEPTEMBER 25, 2014

Larry had the DNA I’ve seen common with all the successful entrepreneurs I’ve backed in my 25 years of Venture Capital work—only he had a more exaggerated case than most. Pragmatic and Lean. Larry was loathe to sell any of the company stock; he generally took a dim view of VCs and preferred to bootstrap. What a gift!

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Technical Review Venture Capital Software Review Database 333

Up and Running

MAY 7, 2018

In his popular book “ The Lean Startup ,” Eric Ries tells fledgling business to fail fast. It wasn’t enough to bootstrap GoPro, though, so he turned to family and friends who together raised a further $65,000. Online dating site Plenty of Fish is another famous bootstrapped company.

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Bootstrapping Jordan Venture Capital Lean 88

Up and Running

MAY 23, 2016

Step 1: Start with a lean plan. It’s the fastest way to get your idea onto paper, and it’s the very first step in the lean planning process, which is much easier and more iterative than traditional business planning methods. Introducing Lean Planning: How to Plan Less and Grow Faster. How to Write a Traditional Business Plan.

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Software Review Software Delaware Forecast 74

Up and Running

DECEMBER 4, 2014

This is true whether you’re a bootstrapped startup that’s funded with credit cards and loans from friends and family, or the next darling of Silicon Valley that’s sitting on a war chest of millions in venture capital funding. Starting a Business business idea business validation lean planning new business startup'

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Forecast Elevator Pitch Lean Silicon Valley 152

Start Up Blog

AUGUST 23, 2013

He went on to tell me that he’s been working on his startup for 8 years… and only started selling the cars this year… and that he had invested several million dollars through venture capital and personal funding. I was totally blown away. After this he said: “Am I a Startup?”

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Silicon Valley Startup Australia Advisory Board 115

Up and Running

APRIL 1, 2015

The startup takes off, raising venture capital funds faster than you can say “storybook ending.”. million in venture capital —and they continue to grow, with plans for a mobile app and potential overseas expansion. An unlikely combination: Poker winnings and venture capital. See Also Market Research.

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Venture Capital Startup Cofounder Chicago 60

Steve Blank

NOVEMBER 7, 2013

In 2012 I got together with Alexander Osterwalder , Henry Chesbrough and Andre Marquis to think about the Lean and the future of corporate innovation. It didn’t take us very long to connect the dots between exponential growth, business model innovation and the “Lean Startup” movement.

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Lean Nepal Cofounder Customer Development 326

online.wsj.com

SEPTEMBER 23, 2012

SIGNIFICANCE PROMINENT. --> The Venture Capital Secret: 3 Out of 4 Start-Ups Fail. An entrepreneur with a hot technology and venture-capital funding becomes a billionaire in his 20s. The National Venture Capital Association estimates that 25% to 30% of venture-backed businesses fail. NAME David Cowan.

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Venture Capital Software Review Rhode Island North Dakota 107

Up and Running

MARCH 15, 2016

If you’re not seeking bank or investor funding, you can probably get away with a lean business plan. When starting a clothing company, you’ll likely be dealing with either bank loans, investment from friends, family, or your own savings, crowdfunding, and generally bootstrapping your business. Your best bet?

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Intellectual Property Bootstrapping LLC Naming 60

Venture Chronicles

MARCH 3, 2011

But they don’t focus enough on building a solid product that can command loyalty and payment from consumers, and instead try to gain profitability through advertising and turning to outside venture capital. Seek Money from Customers, not VCs.

Silicon Valley 40

Silicon Valley Bootstrapping Venture Capital Valuation 40

Rob Go

OCTOBER 2, 2012

We were in many ways, the lean-start of venture capital funds. Not only did my partners and I not pay ourselves for over a year, but we deployed our own capital into a handful of companies that we ultimately sold to the fund at cost (despite some increases in valuation). Here they are below.

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New York Boston Valuation Later Stage 61

Steve Blank

NOVEMBER 5, 2009

Your presentation doesn’t have a single word about Lean Startups or Customer Development. Hopefully this will get more bootstrapping entrepreneurs focusing on making money instead of raising money. They will realize that you have built a startup that’s agile, resilient and customer-centric.

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Customer Development Developer Customer Silicon Valley 262

www.readwriteweb.com

OCTOBER 18, 2010

He should then bootstrap his product development by using the consulting fees. Again, referring back to the Finisar case study I often teach on this topic , bootstrapping using services is a very effective way to build companies. Yes, I am sure Davids venture is eminently fundable within a few months.

Marketing 52

Marketing Bootstrapping Incubator Angel Investor 52

www.readwriteweb.com

OCTOBER 18, 2010

He should then bootstrap his product development by using the consulting fees. Again, referring back to the Finisar case study I often teach on this topic , bootstrapping using services is a very effective way to build companies. Yes, I am sure Davids venture is eminently fundable within a few months.

Marketing 52

Marketing Bootstrapping Incubator Angel Investor 52

A Smart Bear: Startups and Marketing for Geeks

MARCH 11, 2014

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. I think another thing you wanted to talk about was the whole keep bootstrapping or raise money question. For venture capital, right? Jason: Exactly.

Technical Cofounder 220

Technical Cofounder Cofounder Software Review Management 220

A Smart Bear: Startups and Marketing for Geeks

JULY 24, 2012

Trying to figure out how the Silicon Valley… again, my last venture was not built here. I bootstrapped it on my own. of companies should never raise venture capital. Venture capital, it’s a very particular industry. Dan: Jason, we’re certainly leaning more towards what you said.

Silicon Valley 204

Silicon Valley Software Review Internet Technical Review 204

Up and Running

OCTOBER 21, 2014

Given the number of funding resources available today, you shouldn’t have too much of a problem getting that initial start-up cash, especially if you focus on a lean business model or MVP route to market. You could also use personal earnings and do a bit of bootstrapping as well. Angel investment/venture capital funds.

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Elevator Pitch Software Review SBA Business Plan 166

Austin Startup

JUNE 26, 2019

and * on a bootstrapped budget* : We first engaged in customer surveys and validated a huge problem?—?several As a boot-strapped founder aka our biggest investor, one of the things I leaned into uncovering was the unknown. Lean into it. Because we were not outfitted for this venture*. *If Bootstrapping is AMAZING!

Silicon Valley 54

Silicon Valley Startup B2C Sweat Equity 54

Startup Professionals Musings

DECEMBER 30, 2013

Fundraising is stressful and difficult, which is why 90% of successful entrepreneurs do bootstrapping. In fact, it’s more like being single, since founders usually have no one to lean on, no one to make decisions for them, no one to blame, and no vision to follow but their own. Do you have a viable plan?

Entrepreneur 254

Entrepreneur Angel Investor Bootstrapping Venture Capital 254

Startup Professionals Musings

NOVEMBER 16, 2012

In fact, it’s more like being single, since founders usually have no one to lean on, no one to make decisions for them, no one to blame, and no vision to follow but their own. Fundraising is extremely difficult, which is why most entrepreneurs do bootstrapping. Do you have a passion for your idea and business opportunity?

Angel Investor 240

Angel Investor Bootstrapping Venture Capital Lean 240

Startup Professionals Musings

SEPTEMBER 24, 2011

In fact, it’s more like being single, since founders usually have no one to lean on, no one to make decisions for them, no one to blame, and no vision to follow but their own. Fundraising is extremely difficult, which is why most entrepreneurs do bootstrapping. Do you have a passion for your idea and business opportunity?

Entrepreneur 258

Entrepreneur Angel Investor Bootstrapping Venture Capital 258

Gust

DECEMBER 22, 2013

Fundraising is stressful and difficult, which is why 90% of successful entrepreneurs do bootstrapping. In fact, it’s more like being single, since founders usually have no one to lean on, no one to make decisions for them, no one to blame, and no vision to follow but their own. Do you have a viable plan?

Entrepreneur 184

Entrepreneur Angel Investor Bootstrapping Venture Capital 184

Steve Blank

MAY 26, 2009

Bootstrap for years! You can bootstrap without VC money. Yeah, I said. You kids have to learn to do it the old fashioned way they did it before they new economy and Silicon Valley. Reply David Locke , on June 8, 2009 at 8:48 am Said: In economics, there is an industry stack. Vertical markets are a risk and cost reduction strategy.

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Vertical Silicon Valley Intellectual Property RSS 149

Startup Professionals Musings

AUGUST 30, 2010

In fact, it’s more like being single, since founders usually have no one to lean on, no one to make decisions for them, no one to blame, and no vision to follow but their own. Fundraising is extremely difficult, which is why most entrepreneurs do bootstrapping. Do you have a passion for your idea and business opportunity?

Angel Investor 210

Angel Investor Bootstrapping Venture Capital Founder 210

Up and Running

JULY 12, 2012

One possible answer to that tough question is that women still remain less likely to get venture capital funding than men, who receive 95% of all VC funding. Bootstrapping. Lean, hungry companies can muscle their way to the top, unencumbered by the administrative infrastructure that sinks so many new ventures.

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Bootstrapping Entrepreneur Angel Investor Lean 110

Duct Tape Marketing

MARCH 1, 2018

So you’re essentially going live with it, and then you see what happens, and by doing it in this lean way hopefully you’re not spending exorbitant amounts of money or time or energy because what you want to do is you just want to put it out there and see what happens and test it out and see maybe what the business model can be.

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Lean Social Media Bootstrapping Business Model 64