Gust

DECEMBER 7, 2014

Based on the Startup Environment Index from the Kauffman Foundation and LegalZoom a while back, personal money, or bootstrapping, continues to be the primary startup funding source. At least wait until later, when you ready to scale, and have some “leverage” based on a proven business model, some real customers, and real revenue.

Bootstrapping 191

Bootstrapping Entrepreneur Startup Burn Rate 191

The Next Web

SEPTEMBER 22, 2013

While you are working away on your business plan, looking for ways to raise capital, finding the right people to hire, etc., Bootstrapping can be fun, you get to iterate quickly, turn on dimes, invent new features on the fly. We should have slowed down just a tad to plan a few steps further out when naming things.

Cofounder 164

Cofounder Founder Startup Bootstrapping 164

Tim Keane

MARCH 9, 2011

How to prepare a sales forecast for a business plan » March 09, 2011. Can you bootstrap your way to positive cash flow?   If the answer is relatively soon, then bootstrapping is a very serious consideration.  In other words, the need for acceleration isn’t in conflict with bootstrapping – it is step two. 

Finance 83

Finance Bootstrapping Startup Equity 83

Startup Professionals Musings

SEPTEMBER 5, 2016

The media tends to highlight experienced entrepreneurs who succeed with early new venture funding, like Uber’s Garrett Camp , but fail to point out the more common bootstrapping successes. A limited budget makes for a better business plan. Flaws in a business plan are often masked by money, but ultimately will kill any startup.

Bootstrapping 120

Bootstrapping Entrepreneur Startup Exit Strategy 120

Startup Professionals Musings

AUGUST 19, 2018

For example, if you have a proven product, real revenue, a big potential market, and are ready to scale up the business, every investor will be interested. At this point, most Angel investors and a few early-stage VCs will be happy to talk, assuming you have the business model validated, and a large opportunity.

Angel Investor 184

Angel Investor Intellectual Property Investment Bankers Private Equity 184

Startup Professionals Musings

MAY 4, 2014

Use a simple accounting tool like QuickBooks, get away from co-mingled funds, and you have the first business process you need. Develop your business plan. Write down the key elements of your business plan very early, and keep it current as things evolve. Billing and revenue collection. Funding process.

Startup 268

Startup Institutional Investors Angel Investor Bootstrapping 268

YoungUpstarts

AUGUST 25, 2016

The steps focus you on developing your business model. But they only require “the back of an envelope” to figure out how you are going to make money, how much it is going to cost to run your business, and how soon you will generate a profit and reach breakeven. Calculate revenue per quarter and revenue per year.

Bootstrapping 100

Bootstrapping LLC Equity Revenue 100

David Teten

JANUARY 21, 2021

This essay is part of a series on alternative VC: I: Revenue-Based Investing: a new option for founders who care about control. II: Who are the major Revenue-Based Investing VCs? III: Why are Revenue-Based VCs investing in so many women and underrepresented founders? IV: Should your new VC fund use Revenue-Based Investing?

Equity 78

Equity Revenue Cofounder Colorado 78

Startup Professionals Musings

JULY 4, 2014

For example, if you have a proven product, real revenue, a big potential market, and are ready to scale up the business, every investor will be interested. At this point, most Angel investors and a few early-stage VCs will be happy to talk, assuming you have the business model validated, and a large opportunity.

Angel Investor 232

Angel Investor Intellectual Property Investment Bankers Private Equity 232

Startup Professionals Musings

APRIL 25, 2016

Poorly written or missing business plan. If you recently sold your last startup for $800 million, you probably don’t need a business plan at all to get money for your next startup. Revenue and profit projections are not credible. It costs very little to file a provisional patent to begin your protection.

Intellectual Property 120

Intellectual Property Accredited Investor Angel Investor Reputation 120

Up and Running

DECEMBER 23, 2019

One of the most important decisions a new business owner can make is how they’re going to finance their venture. . Bootstrapping, saving funds over years, borrowing from friends and family, taking out a bank loan and pitching investors are all viable options, but some will work better than others for your specific business. .

Finance 92

Finance Sweat Equity Bootstrapping Entrepreneur 92

Startup Professionals Musings

OCTOBER 23, 2013

Success means the entrepreneur must be laser focused on driving the business, passionate about a product, and passionate about a specific set of customers. If the business plan reads like a smorgasbord of offerings, there are probably not enough resources to do any well, and customers will be confused.

Founder 270

Founder Cofounder Bootstrapping Entrepreneur 270

Startup Professionals Musings

JANUARY 31, 2013

Use a simple accounting tool like QuickBooks, get away from co-mingled funds, and you have the first business process you need. Develop your business plan. Write down the key elements of your business plan very early, and keep it current as things evolve. Billing and revenue collection. Funding process.

Institutional Investors 230

Institutional Investors Angel Investor Bootstrapping Database 230

Startup Professionals Musings

SEPTEMBER 7, 2011

Use a simple accounting tool like QuickBooks, get away from co-mingled funds, and you have the first business process you need. Develop your business plan. Write down the key elements of your business plan very early, and keep it current as things evolve. Billing and revenue collection. Funding process.

Startup 255

Startup Institutional Investors Angel Investor Bootstrapping 255

Startup Professionals Musings

JUNE 20, 2011

Success means the entrepreneur must be laser focused on driving the business, passionate about a product, and passionate about a specific set of customers. If the business plan reads like a smorgasbord of offerings, there are probably not enough resources to do any well, and customers will be confused.

Entrepreneur 268

Entrepreneur Bootstrapping Cofounder Business Plan 268

Startup Professionals Musings

AUGUST 13, 2016

For example, if you have a proven product, real revenue, a big potential market, and are ready to scale up the business, every investor will be interested. At this point, most Angel investors and a few early-stage VCs will be happy to talk, assuming you have the business model validated, and a large opportunity.

Matching 120

Matching Angel Investor Intellectual Property Investment Bankers 120

Startup Professionals Musings

SEPTEMBER 12, 2012

Success means the entrepreneur must be laser focused on driving the business, passionate about a product, and passionate about a specific set of customers. If the business plan reads like a smorgasbord of offerings, there are probably not enough resources to do any well, and customers will be confused.

Entrepreneur 242

Entrepreneur Bootstrapping Cofounder Restful 242

Startup Professionals Musings

JUNE 28, 2013

Based on the latest Startup Environment Index from the Kauffman Foundation and LegalZoom, personal money, or bootstrapping, continued to be the primary startup funding in 2012. Entrepreneurs who plan to complete a business plan the first month, find an investor the second, and roll out a product the third month are just kidding themselves.

Startup 264

Startup Burn Rate Bootstrapping Valuation 264

Startup Professionals Musings

MAY 25, 2010

Success means the entrepreneur must be laser focused on driving the business, passionate about a product, and passionate about a specific set of customers. If the business plan reads like a smorgasbord of offerings, there are probably not enough resources to do any well, and customers will be confused. Marty Zwilling.

Bootstrapping 242

Bootstrapping Cofounder Business Plan Entrepreneur 242

Startup Professionals Musings

AUGUST 1, 2010

Use a simple accounting tool like QuickBooks, get away from co-mingled funds, and you have the first business process you need. Develop your business plan. Write down the key elements of your business plan very early, and keep it current as things evolve. Billing and revenue collection. Funding process.

Startup 239

Startup Institutional Investors Angel Investor Bootstrapping 239

Tim Keane

JUNE 21, 2011

How to prepare a sales forecast for a business plan. First develop a business model.   If you've been through a plan review with someone like a potential investor, think for a moment about the questions you get asked. How to prepare a sales forecast for a business plan. Bootstrapping.

Forecast 68

Forecast Business Plan Sales Wisconsin 68

Tim Keane

OCTOBER 19, 2006

Of course, everyone understands that somewhere in the equation theres revenue, whether directly or indirectly. Of course, everyone understands that somewhere in the equation theres revenue, whether directly or indirectly. Bootstrapping. John Mullins: Getting to Plan B: Breaking Through to a Better Business Model.

Software Review 60

Software Review Wisconsin Technical Review Angel Investor 60

Tim Keane

OCTOBER 2, 2007

Is Business Model Analysis Important To You? Investors love entrepreneurs who understand their business model, and can describe it accurately. In my mind, a "business model" reveals the structure of the profit engine that underlies the venture. Is Business Model Analysis Important To You?

Business Model 60

Business Model Wisconsin Angel Investor Bootstrapping 60

YoungUpstarts

AUGUST 24, 2017

Subscription business models have been around for a pretty long time, but thanks to modern technology, this model has evolved from milk or newspapers delivery to a versatile eCommerce experience. As a starting entrepreneur, you might wonder: why on earth would I want to start a subscription (box) business? Conclusion.

Churn Rate 149

Churn Rate eCommerce Business Model Bootstrapping 149

Startup Lessons Learned

JUNE 5, 2009

And so the spreadsheet is built with conservative assumptions, including a final revenue target. No matter how low we make the revenue projections for this new product, it’s extremely unlikely that they are achievable. That’s because the model is based on assumptions about customers that are totally unproven.

San Francisco 102

San Francisco Lean Continuous Deployment Startup 102

Up and Running

APRIL 24, 2018

Your health startup business plan should be a tool to guide your growth. If you’ve never written a business plan before, take a look at these sample medical startup business plans. At first, you need to focus on developing your business model and validating it.

SBIR 73

SBIR Startup Artificial Inteligence Intellectual Property 73

The Entrepreneurial Mind

JANUARY 2, 2012

Taking outside money can also lead to building overhead and creating an infrastructure that can lock you into a specific business model as you attempt to make good on the things you have committed to in your business plan. Bootstrapping your growth allows you to grow at a pace that is comfortable for you," Jorgovan says.

Bootstrapping 76

Bootstrapping Agile LLC Cofounder 76

Up and Running

MAY 15, 2018

Innovative products and business models are the foundations of a promising startup. Creating a scalable business model. Whether you are hoping to expand a small business with a loan or going for a round of venture capital, you will need a scalable business model. Determining how much money to ask for.

SBA 84

SBA Angel Investor Technical Review Startup 84

Up and Running

NOVEMBER 27, 2017

Many people tend toward over thinking things when trying to craft a perfect business plan. So, the planning stage can feel high stakes. To avoid these extremes, there are several questions which we use at Subbly whenever someone is either considering a subscription business model or just getting started.

Curation 68

Curation Business Model SEO Social Media 68

Up and Running

SEPTEMBER 29, 2016

In this article, you’ll learn more about a number of business options you may want to look into—and some are stranger than others. Golf ball diving business anyone? The subscription business model has become increasingly popular in recent years, and it’s no wonder (who doesn’t want recurring revenue?).

Angel Investor 60

Angel Investor Bootstrapping Small Business Business Model 60

The Entrepreneurial Mind

FEBRUARY 18, 2010

Here are highlights of this study with my comments: "Declining revenues brought on by the 2009 recession have put additional pressure on small business cash flow, forcing many firms to make tough decisions around cutbacks." While cautious about the general economy, most small business owners expect their 2010 revenues to grow.

Small Business 40

Small Business Bootstrapping SBA Washington 40

Tim Keane

JANUARY 12, 2010

3]   However, if they are built bottom up, they demonstrate and make explicit a range of business model assumptions the entrepreneur is using to think about his business and its revenue model.   Pre-bubble Siliicon Valley deals were popularly valued at multiples of revenue.

Term Sheet 68

Term Sheet Valuation Dividend Liquidation Preference 68

Up and Running

MAY 23, 2016

In fact, SaaS industry revenue is projected to grow from $49 billion in 2015 to $67 billion in 2018, a compound annual growth rate of approximately eight percent. Step 1: Start with a lean plan. Instead of sitting down to write a 40-page business plan, start with a one-page pitch. The business model.

Software Review 74

Software Review Software Delaware Forecast 74

Steve Blank

NOVEMBER 5, 2009

Chasing funding versus chasing customers and a repeatable and scalable business model, is one reason startups fail. Entrepreneurs put together their funding presentation by extracting the key ideas from their business plan, putting them on PowerPoint/Keynote and pitching the company – until they get funded or exhausted.

Customer Development 270

Customer Development Developer Customer Silicon Valley 270

Tim Keane

JULY 16, 2007

I just talked to a business owner the other day who has grown her startup nicely - 15% a year or so - up to revenue of a bit over $2.5MM. Now, (in the service business,) the venture is at the point where she could accelerate its growth. in new revenue. On revenue of $2.5MM, thats a 24% increase just to pay the bank.).

Wisconsin 60

Wisconsin Angel Investor Bootstrapping Startup 60

Startup Professionals Musings

APRIL 19, 2021

In my experience, here are the most common issues that cause funding requests for potentially viable businesses to be rejected, in priority order: Inadequate business plan. Some investors say half the ideas pitched to them don’t have any plan at all, even though some have great potential. Don’t take this shortcut.

Intellectual Property 429

Intellectual Property Bootstrapping Venture Capital Revenue 429

Tim Keane

JUNE 8, 2009

  An example of that is pre-revenue science start-ups with grant funding.  Posted at 09:23 AM in Bootstrapping | Permalink.   An example of that is pre-revenue science start-ups with grant funding.  Bootstrapping. John Mullins: Getting to Plan B: Breaking Through to a Better Business Model.

Wisconsin 60

Wisconsin Bootstrapping Angel Investor Startup 60