Startup Professionals Musings
DECEMBER 23, 2013
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.
Startup Professionals Musings
JANUARY 30, 2023
Over my many years of mentoring aspiring entrepreneurs and business professionals, I often hear a desire to start a new business, with a big hesitation while waiting for that perfect idea and perfect alignment of the stars. Most aspiring entrepreneurs don’t have the resources alone to “bootstrap” or fund their new business alone.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Startup Professionals Musings
SEPTEMBER 12, 2014
The last thing a new entrepreneur wants to think about for a new startup is how it will end. If the entrepreneur plans to grow the company into a family business, or keep it private, they will either never be interested in buying out investors, or will certainly not be motivated to provide the 10x return that investors are looking for.
Startup Professionals Musings
FEBRUARY 29, 2020
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.
Startup Professionals Musings
DECEMBER 26, 2013
is already well above the dot.com bubble of 15 years ago, although we have slipped a bit this year from the high point of 320 new entrepreneurs out of 100,000 adults in 2011. Thus a record number of entrepreneurs (and employees) are getting rich. No wonder 90% of the successful startups still bootstrap.
Startup Professionals Musings
JUNE 14, 2013
On a regular basis, I am approached by entrepreneurs who assert that business plans are a waste of time. They cite sources like a recent BusinessWeek story, “ Real Entrepreneurs Don’t Write Business Plans ” and this NY Times article. With bootstrapping, no business plan is expected by anyone. Marty Zwilling.
Startup Professionals Musings
JANUARY 30, 2021
Most technical entrepreneurs focus hard on building an innovative product, but forget that an elegant solution doesn’t automatically translate into a successful business. It’s also valuable to talk to potential investors for their views, even if you are bootstrapping the effort. Plan and execute a pilot or local rollout.
Expert insights. Personalized for you.
252 
Let's personalize your content