YoungUpstarts

AUGUST 25, 2016

Determining if your product can be bootstrapped. Business decisions must be made carefully at a bootstrapped company. Each hire is tremendously important to the lifeblood of the organization, and I made sure to have a year’s worth of salary in the bank before bringing a new co-worker on board. Learning by doing.

Bootstrapping 100

Bootstrapping San Francisco New York City Software Developers 100

Startup Professionals Musings

NOVEMBER 13, 2012

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. Maybe that’s why bootstrapped startups are the norm, rather than externally funded ones. Need expensive resources up front.

Sweat Equity 239

Sweat Equity Technical Review Bootstrapping Equity 239

Startup Professionals Musings

SEPTEMBER 22, 2011

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. Maybe that’s why bootstrapped startups are the norm, rather than externally funded ones. Need expensive resources up front.

Sweat Equity 255

Sweat Equity Technical Review Entrepreneur Bootstrapping 255

YoungUpstarts

AUGUST 11, 2011

If you can’t, you either won’t sell, or will need to hire someone to write for you. Master the art of bootstrapping: aim to “bootstrap” first. As more people get lazy with their writing, being able to write becomes more and more powerful as a competitive advantage. If you can write good copy, you can sell anything online.

Entrepreneur 221

Entrepreneur Bootstrapping Cofounder SMS 221

SoCal CTO

MARCH 12, 2012

Hire a Product Design Lead First Nailing that elusive technical co-founder Why you can('t) recruit a technical cofounder AskBob: Where do I find developer cofounder? Things to Avoid When Recruiting Co-founders Finding Technical Cofounders Is Hard Need a Technical Co-founder?

Technical Cofounder 211

Technical Cofounder Cofounder CTO Hire Los Angeles 211

Startup Professionals Musings

NOVEMBER 4, 2022

The rest can come from early hires (with stock options to assure commitment), equity investors, or even strategic partners. Or you can always bootstrap the idea yourself, get some traction, and build your first startup organically. Outsourcing any of these critical roles is very expensive, and usually not very effective.

Technical Cofounder 309

Technical Cofounder Cofounder Advisory Board Startup 309

Startup Professionals Musings

FEBRUARY 9, 2020

The rest can come from early hires (with stock options to assure commitment), equity investors, or even strategic partners. Or you can always bootstrap the idea yourself, get some traction, and build your first startup organically. Outsourcing any of these critical roles is very expensive, and usually not very effective.

Technical Cofounder 308

Technical Cofounder Cofounder Advisory Board Stock Options 308

blog.alinelerner.com

JUNE 21, 2013

Lessons from a year’s worth of hiring data. While interviewing such a wide cross section of people, I realized that I had a golden opportunity to test some of the prevalent folk wisdom about hiring. As soon as you get someone who’s never been an engineer making hiring decisions, you need to set up proxies for aptitude.

CTO Hire 98

CTO Hire Hiring Software Review Technical Review 98

ReadWriteStart

DECEMBER 15, 2022

It also helps bootstrap new startup businesses. Being able to hire talented professionals remains a difficult proposition in the current job market, especially when sourcing experienced developers, designers, and project managers. This outside work provides a valuable source of revenue able to be used to fund operations.

Incubator 188

Incubator Startup Software Development Software Developers 188

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., Also, it’s made so many things, like hiring and other decisions, significantly simpler for us, because we can always look to our mission for help.”. Hire great people… then get out of their way.

Cofounder 164

Cofounder Founder Startup Bootstrapping 164

A Smart Bear: Startups and Marketing for Geeks

APRIL 25, 2011

Maybe that means a big new advertising campaign, or hiring another WordPress expert for our staff.

Java 311

Java Software Review Technical Review Salary 311

The Startup Magazine

JUNE 13, 2024

Bootstrapping is one option through which you can raise money for your venture. But if bootstrapping isn’t a choice, explore fundraising options. Always hire people who are passionate, motivated, and adaptable. Building a winning team doesn’t end with hiring a bunch of talented people. Next, evaluate your funding options.

United States 141

United States Bootstrapping Social Media Angel Investor 141

YoungUpstarts

OCTOBER 21, 2012

Bootstrap, bootstrap, bootstrap. His point is really that sales is so critical to the survival of the business that the sales process should be accelerated – hiring the right sales people with the right attitudes, leveraging existing customers, and employing technology to support the sales process. His advice?

Technical Review 184

Technical Review Entrepreneur Bootstrapping Sales 184

Gust

APRIL 27, 2014

Unless you are bootstrapping everything, you need to have a clear plan on what networking and documents are required to get to friends and family, Angel investors, and institutional investors. At this stage, you should start recruiting, hiring, paying, and training others to help you run your business. Funding process.

Startup 187

Startup Institutional Investors Angel Investor Bootstrapping 187

Startup Professionals Musings

JUNE 11, 2014

The rest can come from early hires (with stock options to assure commitment), equity investors, or even strategic partners. Or you can always bootstrap the idea yourself, get some traction, and build your first startup organically. Outsourcing any of these critical roles is very expensive, and usually not very effective.

Technical Cofounder 245

Technical Cofounder Cofounder Advisory Board Startup 245

Startup Professionals Musings

NOVEMBER 3, 2014

When someone asks me for the best way to fund a startup, I always say bootstrap it, meaning fund it yourself and grow organically. Bootstrapping avoids all the cost, pain, and distractions of finding angels or VCs, and allows you to keep control and all your hard-earned equity for yourself. Hire experts, not help.

Bootstrapping 278

Bootstrapping Startup Merger Salary 278

YoungUpstarts

DECEMBER 19, 2013

Castrina, author of “ 8 Unbreakable Rules For Business Start-Up Success “ If you’re bootstrapping your own business, you know all about doing more with less. Now, I’m adamant about hiring a third-party bookkeeper who reports to me directly. It’s happened to me and to many other small business owners.

Bootstrapping 209

Bootstrapping Employee Small Business Salary 209

The Next Web

DECEMBER 30, 2012

Startup Hiring : How to attract, hire and retain the best people. How to Bootstrap Your Startup : Everything you need to start your business – how to take an idea on paper and bring it to life. Learn how to raise capital from angel investors and venture capitalists (and how to decide who you should target).

Artificial Inteligence 156

Artificial Inteligence Founder Private Equity Ruby 156

YoungUpstarts

MAY 8, 2014

Refusing to hire people who are smarter than you. Of course I shouldn’t hire people who are smarter than me , you might think. The best advice I got when I became the CEO of RME was to hire people who were better and smarter than I was. The best news is, getting personal doesn’t have to be time consuming or expensive.

Technical Review 254

Technical Review Entrepreneur Florida Cofounder 254

Startup Professionals Musings

SEPTEMBER 26, 2010

When someone asks me for the best way to fund a startup, I always say bootstrap it, meaning fund it yourself and grow organically. Bootstrapping avoids all the cost, pain, and distractions of finding angels or VCs, and allows you to keep control and all your hard-earned equity for yourself. Hire experts, not help.

Bootstrapping 240

Bootstrapping Merger Salary .Net 240

ReadWriteStart

MAY 30, 2022

In this article, you’ll learn how bootstrapping makes you a better business – a leaner, smarter, more agile company that can roll with the punches. Hire a bunch of new staff? . Bootstrapping Minimizes the Number of People Cashing in on Your Success. Bootstrapped founders don’t have these concerns. I turned them down.

Bootstrapping 147

Bootstrapping Startup Equity Silicon Valley 147

YoungUpstarts

DECEMBER 2, 2019

Not only does the outsourcing business model improve performance and reduce a company’s overall costs – a significant appeal to bootstrapped startups – but it also gives you access to a worldwide talent pool that would otherwise be beyond your range. is the single biggest outsourcing country globally. They help filter communication.

Technical Review 147

Technical Review Due Diligence Technical Support Bootstrapping 147

YoungUpstarts

AUGUST 16, 2016

Myself and the other founders managed to develop our company and generate more than 200,000,000 visits, hire 22 people, get 3,000+ customers, and promote products for the likes of Creative Labs, Polaroid, and Sony. The capital earned in the agency was used to bootstrap the progression of the key business we wanted to launch.

Greece 100

Greece United Kingdom Ukraine Philippines 100

ReadWriteStart

OCTOBER 7, 2010

Sub-$2 million pre-money, it is better to bootstrap. Rajan Chandi then discussed HirePlug.com , a Facebook application to help large employers manage referral hiring. As a thumb rule, try to get enough validation so that you can get to at least a $2 million pre-money valuation before raising equity capital. Igor did not have an answer.

Valuation 119

Valuation Silicon Valley Pre-Money Valuation Bootstrapping 119

crowdSPRING Blog

MARCH 16, 2012

Competitive Differentiation that Matters – [link] 7 Rules for Bootstrapping a Business – [link]. Hiring of Kevin Rose by Google sends all the wrong signals to Silicon Valley – [link]. 7 Rules for Bootstrapping a Business – [link]. Manufacturers Are Hurting Themselves by the Way They Hire – [link].

Social Media 94

Social Media Small Business Design Media 94

YoungUpstarts

JANUARY 31, 2018

Here are some tips for bootstrapping your business. This beats purchasing your own expensive servers and hiring specialists to maintain them. It’s much easier when you don’t require lots of space or expensive equipment. Even so, there are some strategies you can employ to avoid breaking the bank. Work in a Spare Room. Develop a Budget.

Software Review 187

Software Review Cloud Social Media Bootstrapping 187

Up and Running

JANUARY 8, 2018

But until you’ve grown your business enough to cover the cost of hiring someone on full time, you’ll have to roll up your sleeves and do it yourself—but outsourcing can be a good third alternative. When you outsource to a freelancer or agency, another benefit is that you’ll usually be able to hire someone with specific expertise.

Entrepreneur 177

Entrepreneur Algorithm Hiring Web Development 177

Hunter Walker

AUGUST 26, 2024

When hiring into teams in each circumstance how do you assess fit differently? Even more important, the hiring manager and the founder/CEO should ideally be aware of the implications of having an employee base where a large number of people have never been through the experience of being in a startup.

Puerto Rico 143

Puerto Rico Hiring Founder Cofounder 143

YoungUpstarts

AUGUST 24, 2015

By bootstrapping, bartering, reducing overheads (rental and manpower), and leveraging technology (especially the web), one can start one’s own business almost on a dime without being beholden to creditors or venture capitalists. Positioned as a guide for bootstrapping solopreneurs, the book doesn’t dive deeply into any one specific domain.

Technical Review 100

Technical Review Software Review South Carolina Startup 100

YoungUpstarts

JULY 21, 2019

If you haven’t been able to save up for your capital, consider bootstrapping your business. The best way to avoid this is by covering all your legal bases by hiring an attorney. Hire a professional. Be careful when choosing which tasks you have to outsource or hire someone for, though. Don’t want to lose money?

Software Review 191

Software Review Entrepreneur Cost Cofounder 191

Startup Professionals Musings

MAY 18, 2020

It’s more possible to bootstrap today than a few years ago, as the cost of entry continues to go down. The key to successful bootstrapping is to master the do-it-yourself approach, defer compensation or barter services whenever possible and become a frugal minimalist in all things requiring a cash outlay.

Hockey Stick 423

Hockey Stick Bootstrapping Sweat Equity Intellectual Property 423

Both Sides of the Table

MAY 7, 2011

It took Joel awhile to realize that “If you’re hiring very bright people, let them do their damn job&#. Fundraising: Fog Creek was bootstrapped. This left very smart employees feeling very frustrated because their managers would interfere intermittently and at random moments. 15 minutes. WoW and social gaming addiction.

Software Review 285

Software Review Software St. Louis API 285

Up and Running

SEPTEMBER 29, 2022

Diving into the financials, dealing with vendors, the hiring process, or a variety of other tasks—no one is passionate about every facet of business operations. While you may be enamored with becoming an entrepreneur and bootstrapping your business, don’t quit your day job. Be passionate about your business idea.

Forecast 154

Forecast Software Review Bootstrapping Finance 154

The Next Web

OCTOBER 10, 2013

Hire everyone you need as an employee. Since we bootstrapped Backblaze, early on we would have months when the company did not have enough cash from sales to buy the additional servers it needed. The required number of cofounders for success is: “Zero” – You don’t need a cofounder. One” – You have to have a cofounder.

Cofounder 143

Cofounder Technical Cofounder Kenya Dilution 143

The Startup Magazine

NOVEMBER 24, 2024

A skilled and motivated team brings your vision to life while hiring the wrong people can derail your progress and waste valuable resources. Photo by Pixabay Let’s explore some strategies for finding the right staff for your startup, including how to streamline the hiring process.

Startup 156

Startup Bootstrapping Early Stage Hiring 156

Gust

OCTOBER 26, 2014

When someone asks me for the best way to fund a startup, I always say bootstrap it, meaning fund it yourself and grow organically. Bootstrapping avoids all the cost, pain, and distractions of finding angels or VCs, and allows you to keep control and all your hard-earned equity for yourself. Hire experts, not help.

Bootstrapping 176

Bootstrapping Startup Merger Salary 176

Startup Professionals Musings

OCTOBER 30, 2017

Unless you are happy with bootstrapping your new business, I recommend that you ignore conventional funding myths, and first seek investors who share your goals and values. Prepare to spend as much as 80 percent of your time for a couple of months looking for and following up with investors.

Technical Review 220

Technical Review Accredited Investor Due Diligence Equity 220