Startup Professionals Musings

JULY 1, 2017

The “valley of death” is a common term in the startup world, referring to the difficulty of covering the negative cash flow in the early stages of a startup, before their new product or service is bringing in revenue from real customers. After bootstrapping, friends and family are the most common funding sources for early-stage startups.

Product Development 177

Product Development Cost Developer Product 177

A Smart Bear: Startups and Marketing for Geeks

JULY 19, 2010

You don't have an "edge" just because you're passionate, hard-working, or "lean.". I'm a great example of someone who wasn't an authority on anything , but built that authority over time to the point where now my company (Smart Bear) is untouchable as the leader in both revenue and ideas in the area of peer code review. Like what??

Software Review 325

Software Review Technical Review Development Team Review Bolivia 325

ReadWriteStart

DECEMBER 15, 2022

Client work serves as an additional source of revenue to form new startups. This outside work provides a valuable source of revenue able to be used to fund operations. It also helps bootstrap new startup businesses. Over time, this revenue reduces the dependency on outside venture capital sources.

Incubator 188

Incubator Startup Software Development Software Developers 188

Steve Blank

NOVEMBER 5, 2009

A Progress Graph on the right visually shows how far you’ve come (in whatever units of goodness you’re tracking – revenue, units, users, etc.) Your presentation doesn’t have a single word about Lean Startups or Customer Development. This is a radical departure from a traditional VC pitch. Get back up and running.

Customer Development 270

Customer Development Developer Customer Silicon Valley 270

The Next Web

SEPTEMBER 22, 2013

Bootstrapping can be fun, you get to iterate quickly, turn on dimes, invent new features on the fly. Dribbble is what I like to call a “boot up,” or “organic startup” – a company that lives and breathes on revenue. […] For us, getting cash flowing in sooner than later was critical to give us resources to respond to the site’s rapid growth.

Cofounder 164

Cofounder Founder Startup Bootstrapping 164

Startup Professionals Musings

JANUARY 12, 2018

The “valley of death” is a common term in the startup world, referring to the difficulty of covering the negative cash flow in the early stages of a startup, before their new product or service is bringing in revenue from real customers. After bootstrapping, friends and family are the most common funding sources for early-stage startups.

Intellectual Property 134

Intellectual Property Technical Review Startup Incubator 134

Startup Lessons Learned

APRIL 14, 2009

Lessons Learned by Eric Ries Tuesday, April 14, 2009 Validated learning about customers Would you rather have $30,000 or $1 million in revenues for your startup? All things being equal, of course, you’d rather have more revenue rather than less. And yet revenue alone is not a sufficient goal. More on that in a moment.

Customer 167

Customer San Francisco Lean Hockey Stick 167

Startup Professionals Musings

JULY 8, 2015

The “valley of death” is a common term in the startup world, referring to the difficulty of covering the negative cash flow in the early stages of a startup, before their new product or service is bringing in revenue from real customers. After bootstrapping, friends and family are the most common funding sources for early-stage startups.

Entrepreneur 120

Entrepreneur Intellectual Property Technical Review Incubator 120

YoungUpstarts

AUGUST 24, 2017

Subscription business brings recurring revenue. This allows you to enjoy a constant source of incoming revenue, as long as you’re keeping the subscribers satisfied (that is of course essential). Through customer acquisition, you’ll work to grow the revenue and then, use that revenue to cover operational costs.

Churn Rate 149

Churn Rate eCommerce Business Model Bootstrapping 149

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? -

Acquisition 150

Acquisition Cofounder Technical Cofounder Cost 150

YoungUpstarts

JANUARY 31, 2018

Here are some tips for bootstrapping your business. Lean Marketing. Write down every penny you have to invest and calculate both your expenses and expected revenue for the next six months. Based on this information, come up with contingency plans you can follow if revenue falls short. Work in a Spare Room.

Software Review 187

Software Review Cloud Social Media Bootstrapping 187

ReadWriteStart

JUNE 1, 2020

The primary source of your funds should be your paying customers, i.e., your business should generate enough revenues and profits to fund the growth and expansion. Bootstrapping. I always recommend that you start with bootstrapping. These usually play a role in the very early stage of your business, primarily pre-revenue.

Startup 150

Startup Entrepreneur Elevator Pitch Seed Stage 150

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. Bootstrapping Minimizes the Number of People Cashing in on Your Success. Bootstrapped founders don’t have these concerns. Secondly, just how badly do you need that funding?

Bootstrapping 147

Bootstrapping Startup Equity Silicon Valley 147

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. This spanned the following areas: #1 Generate Higher Revenue. Growth & Sustenance Strategies.

Technical Review 100

Technical Review Software Review South Carolina Startup 100

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

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.

Lean 60

Lean Business Plan Video Software Review 60

A Smart Bear: Startups and Marketing for Geeks

JULY 24, 2012

I bootstrapped it on my own. You’ve bootstrapped a company, so you can see all those things, and you’re skeptical of the VC side. Dan: Jason, we’re certainly leaning more towards what you said. Trying to figure out how the Silicon Valley… again, my last venture was not built here. Let me say this to you.

Silicon Valley 204

Silicon Valley Software Review Internet Technical Review 204

Startup Professionals Musings

DECEMBER 15, 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 276

Bootstrapping Entrepreneur Startup Burn Rate 276

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. What CEOs, management teams and shareholders care about is growth —revenue growth, greater user adoption, increased market share, bigger margins, etc.

Lean 331

Lean Nepal Cofounder Customer Development 331

Steve Blank

MAY 26, 2009

All teams raised their hands and screamed: we hundreds of angels and dozens of VCs, all of them say they will only fund deals with prototypes, beta customers, first revenue and executive teams all in place, and they say it will be 2 years from now because their coffers are out of cash and LPs in default. Bootstrap for years!

Vertical 159

Vertical Silicon Valley Intellectual Property RSS 159

Startup Professionals Musings

FEBRUARY 15, 2023

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.

Equity 349

Equity Hockey Stick Bootstrapping Sweat Equity 349

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. In a startup context, numbers like gross revenue are actually vanity metrics, not actionable metrics.

San Francisco 102

San Francisco Lean Continuous Deployment Startup 102

The Startup Magazine

AUGUST 15, 2024

One of the most popular techniques for financing a business when you are starting out is bootstrapping. Business bootstrapping is the strategy where you start and grow a business using your own money or revenue from a business that you already have. Image source: Pexels Understand the landscape of business bootstrapping.

Bootstrapping 142

Bootstrapping Bankruptcy Lean Finance 142

The Startup Magazine

OCTOBER 9, 2019

Tech startups are, in contrast, focused on rapid growth, potential, and top-end revenue. Goal setting is essential to the success of any business, and is critical to the growth of a tech startup in the bootstrapping stage. Small businesses are, in most cases, driven by stable long-term growth, value, and profitability.

Technical Review 82

Technical Review Bootstrapping Startup Finance 82

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. At this stage, simply list your primary revenue streams and your key expenses. Subscription Business Trends and Predictions for 2016.

Software Review 74

Software Review Software Delaware Forecast 74

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. Jason: That’s called bootstrapping, right.

Technical Cofounder 220

Technical Cofounder Cofounder Software Review Management 220

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

Up and Running

MAY 15, 2019

Friends and family are the most common backers, and many startups bootstrap. Within any model, there are things breweries can focus on to stand out and increase revenue. It helps you plan, helps you get a return, and ultimately helps you generate revenue.”. Managing your own distribution is ideal. Metrics: Know your numbers.

Oregon 24

Oregon Jordan Software Review Distribution 24

ConversionXL

NOVEMBER 25, 2020

We’re a bootstrapped company that started with more time than money. I lean on these YouTube channels for info on the YouTube algorithm: Little Monster Media Co ; Derral Eves ; Roberto Blake ; Tim Schmoyer. As a bootstrapped company, profitability is one of the highest priorities for our paid marketing.

Channel 129

Channel Metrics Algorithm Video 129

Up and Running

JUNE 4, 2018

It’s easier to bootstrap. Bootstrapping your business , which involves self-funding everything as you go along, without resorting to raising money from anywhere else, keeps you in complete control of your company. These include: 1.

Bootstrapping 66

Bootstrapping Colorado Internet Software Review 66

OnlyOnce

JULY 9, 2013

The book has been described by a few CEOs who read it and commented early for me along the lines of “The Lean Startup movement is great, but this book starts where most of those books end and takes you through the ‘so you have a product that works in-market – now what?’ questions”.

Startup 95

Startup Advisory Board Elevator Pitch Forecast 95

Up and Running

JULY 10, 2017

Solving the equation of value and revenue for your SaaS product is not easy. If you are a bootstrapped DIY solopreneur, you should estimate your chances and think twice before choosing your VC-funded, 200-employees-strong competitor’s pricing strategy. It works well for the products where customers can clearly see the value.

Startup 110

Startup Non-Compete Viral Software Review 110

Startup Professionals Musings

APRIL 6, 2016

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.

Bootstrapping 120

Bootstrapping Hockey Stick Sweat Equity Intellectual Property 120

ConversionXL

JANUARY 29, 2014

Customer loyalty expert Fred Reichheld also reports in his book “ The Ultimate Question ” that businesses saw an average of 2x revenue growth by simply increasing their overall brand advocacy by only 12%. …it seems that a higher ROI may lean in the favor of word-of-mouth advertising. when influencing purchasing decisions.

Software Review 126

Software Review Stock Video Advertising 126

A Smart Bear: Startups and Marketing for Geeks

MAY 1, 2012

Sacha demonstrated the benefits of selling many copies of an eBook at a low price, while Jarrod pointed out the advantages of higher prices, bringing in more revenue with 1/6th the number of units sold. In that case, A can’t keep growing forever, so its revenue is limited, which is a bad spot. maximizing per-unit profitability).

Customer 320

Customer Revenue Acquisition Cofounder 320

Startup Professionals Musings

JUNE 18, 2012

Founders now routinely use their home to operate their startup until they are well into the revenue phase. See my interview a couple of years ago with parallel entrepreneur Rich Christiansen , who has started 28 businesses with a target bootstrap investment of $5K each. Facilities and staff.

Cost 255

Cost Burn Rate SEM Startup 255

Startup Professionals Musings

FEBRUARY 15, 2011

Founders now routinely use their home to operate their startup until they are well into the revenue phase. See my interview a while back with parallel entrepreneur Rich Christiansen , who has started 28 businesses with a target bootstrap investment of $5K each. Facilities and staff. Of course, a word of caution is also in order here.

Entrepreneur 235

Entrepreneur Burn Rate SEM Social Network 235