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. General startup expenses are beyond your means. bootstrap business entrepreneur startup' Marty Zwilling.
Startup Professionals Musings
SEPTEMBER 13, 2022
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. Join a startup incubator. Use crowd funding to build reserves.
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Startup Professionals Musings
JANUARY 30, 2023
In my own experience with technical startup founders, I still find it hard to name one who was also good, or even interested in financials or business operations. Most aspiring entrepreneurs don’t have the resources alone to “bootstrap” or fund their new business alone. Finding the right investors can make or break you.
Startup Professionals Musings
FEBRUARY 19, 2013
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. Join a startup incubator. Solicit funds from friends and family. Use crowd funding.
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. Usually it pays to move a startup slower rather than risk relationships. Bootstrapping gives you the flexibility to explore creative alternatives.
Startup Professionals Musings
MAY 25, 2020
The last thing a new entrepreneur wants to think about for a new startup is how it will end. Startups with no exit planned will minimize investor returns. Most entrepreneurs like the startup role, but not the big-company role. Yet one of the first things a potential equity investor asks about is your exit strategy.
Startup Professionals Musings
NOVEMBER 26, 2022
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. Usually it pays to move a startup slower rather than risk relationships. Bootstrapping gives you the flexibility to explore creative alternatives.
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