Startup Professionals Musings

NOVEMBER 4, 2022

In my years of advising startups and occasional investing, I’ve seen many great ideas start and fail, but the right team always seems to make good things happen, even without the ultimate idea. You need to have a technical genius on the team to get your startup product off the ground. Outsourcing your core competency does not work.

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Technical Cofounder Cofounder Advisory Board Startup 309

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.

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Bootstrapping Bankruptcy Lean Finance 138

ReadWriteStart

DECEMBER 15, 2022

Startup studios continue to grow in popularity as incubators for new businesses. Rather than simply launching one startup, the startup studio model creates an organization whose business is launching startups. These can then be repeated and improved on with each successive startup.

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Incubator Startup Software Developers Software Development 188

Startup Professionals Musings

SEPTEMBER 17, 2021

I recently found the classic sales training book “ Bootstrap Selling The Sandler Way ,” by Bill Morrison, who has 20 years in sales leadership roles, and I was amazed at how many of his sales lessons are great lessons for new entrepreneurs as well. That mentality has to be part of the culture of every startup team member from the start.

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Sales Startup Bootstrapping Technical Review 348

YoungUpstarts

APRIL 8, 2021

Every product and business sector are different, and some are a better fit for bootstrapping than others. Shalin Jain, Founder & CEO of HappyFox shares his bootstrapping experience. The post To Bootstrap Or Not to Bootstrap (And Other Advice For Startup Entrepreneurs) appeared first on Young Upstarts.

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Bootstrapping Entrepreneur Startup Founder 221

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.

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Exit Strategy Startup Private Equity Equity 376

Startup Professionals Musings

JUNE 30, 2019

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.

Intellectual Property 219

Intellectual Property Technical Review Startup Incubator 219

YoungUpstarts

MAY 30, 2016

Image credit: Bootstrapping from Shutterstock. Looking at the startup scene through the lens of TechCrunch or VentureBeat, one may not be faulted for assuming that securing VC capital is the default way to raise a business. Either way, you are not alone if you are bootstrapping your business. You are in the vast majority.

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Startup Professionals Musings

SEPTEMBER 7, 2020

Yet everyone has limits, and every investor implicitly has similar limits on what makes a startup investable, or one to avoid at all costs. Here is my perspective on the highest risk elements, from my years of working with investors and watching startups come and go: All the co-founders are first-time entrepreneurs.

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New York City Silicon Valley Startup Bootstrapping 315

ReadWriteStart

MAY 3, 2012

The conflicting (frequently unsolicited) advice startup entrepreneurs too often hear is enough to make you tune it all out. But bootstrapping a startup is not easy, requiring discipline and fortitude, as well as ingenuity. But she insists there are benefits to bootstrapping. Bootstrap 1. Bootstrap 2.

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Bootstrapping Software Review Startup Equity 137

Startup Professionals Musings

APRIL 4, 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. Solicit funds from friends and family. Use crowd funding.

Intellectual Property 261

Intellectual Property Technical Review Incubator Bootstrapping 261

YoungUpstarts

AUGUST 25, 2016

Determining if your product can be bootstrapped. Business decisions must be made carefully at a bootstrapped company. In order to scale while continuing to be a profitable bootstrapped company, we focus on tasks that will provide the most value first. Learning by doing.

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Bootstrapping San Francisco New York City Software Developers 100

Startup Professionals Musings

JANUARY 8, 2020

I have to explain that if you really want to exercise total control of a new venture, they you need to do it without external investors, bootstrapping your way with your own resources. Sure, this may limit the type and scope of your startup, but it’s the only way to get the control and freedom you want.

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Bootstrapping Employee Metrics Demand 313

ReadWriteStart

MAY 30, 2022

The Proud Owners of a Startup. Today, as the proud owner of a startup, you’re probably much better at managing your money. It might take the experience of growing and exiting two or even three startups before you know how to do that. . Let’s take a deeper look at why your startup probably doesn’t need funding.

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Bootstrapping Startup Equity Silicon Valley 147

ReadWriteStart

JUNE 1, 2020

I have often been asked about Startup Funding by entrepreneurs. Many myths surround the subject of startup funding. Here is Startup Funding, a Comprehensive Guide for Entrepreneurs. You must have seen a lot of startups giving out promotions, discounts, and incentives at the early phase of their business. Bootstrapping.

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Startup Entrepreneur Elevator Pitch Seed Stage 150

Startup Professionals Musings

DECEMBER 6, 2019

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.

Finance 320

Finance Intellectual Property Technical Review Incubator 320

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. Join a startup incubator. Use crowd funding to build reserves.

Intellectual Property 134

Intellectual Property Technical Review Startup Incubator 134

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.

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Intellectual Property Technical Review Venture Capital Startup 309

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. Reinvest gross profit. Marty Zwilling.

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Bootstrapping Startup Merger Salary 278

YoungUpstarts

MAY 17, 2017

“You need three things to create a successful startup: to start with good people, to make something customers actually want, and to spend as little money as possible.” – Paul Graham. Have you ever considered working for yourself; ergo, opening your own startup? What is a startup? Funding your startup. Final words.

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San Diego Venture Capital Startup Bootstrapping 138

Startup Professionals Musings

FEBRUARY 25, 2023

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.

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Exit Strategy Private Equity Equity Technical Review 264

VC Cafe

JANUARY 22, 2021

A few months ago, VC Cafe launched a series on startup engagement and outreach programs of large tech companies. After covering Google startup outreach and support (from first hand experience), today I’m happy to add Amazon and AWS, by looking into the variety of ways startups can engage with the commerce and cloud giant.

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Technical Review Startup Venture Capital Incubator 174

The Startup Magazine

JUNE 14, 2019

Bootstrapping going by the author of the Ulysses, James Joyce implies forcing your way to the top from the lowest of ranks by the aid of your bootstraps. Bootstrapping is a common way to fund a prospect. Most startups often forget this vital element, which often forces them to use the trader account to meet their personal needs.

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Balance Sheet Limited Liability Company Bootstrapping Startup 127

NZ Entrepreneur

SEPTEMBER 28, 2023

Matt Miller, founder of BrakeAce , made a Reel for his startup that got 1M+ views in ten days. He shares his learnings for startup founders here. If you’re a busy startup like us, it’ll be impossible to keep short form creativity elevated long term. So given you need some headspace, maybe it does take a lot of time?

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Viral Startup Bootstrapping Algorithm 107

Austin Startup

NOVEMBER 25, 2018

As I mentioned at the beginning of this series/ebook, over the years I’ve noticed that I tend to frequently share certain Lucky7 posts with entrepreneurs we’ve backed , team members at data.world, or other startup investors I know. Bootstrap Austin, started by Bijoy Goswami. a never-ending debate about bootstrapping versus VC-backing.

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Bootstrapping Austin Equity Cofounder 48

The Startup Magazine

JUNE 13, 2024

The country has some of the greatest startups to its credit. 2 Brainstorm Startup Ideas Embarking on a journey to entrepreneurship doesn’t mean you should have an out-of-the-box idea. You can launch a successful startup with an existing idea in the market. But if bootstrapping isn’t a choice, explore fundraising options.

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United States Bootstrapping Social Media Angel Investor 99

ReadWriteStart

FEBRUARY 18, 2020

Instead, knowing how to bootstrap your startup might be a better option. How to Bootstrap Your Startup. When you bootstrap your startup, you retain full control of the new business. If bootstrapping is right for your small business, the following tips can help you through the process.

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Bootstrapping Startup Cofounder Angel Investor 145

Startup Professionals Musings

JUNE 2, 2023

Yet everyone has limits, and every investor implicitly has similar limits on what makes a startup investable, or one to avoid at all costs. Here is my perspective on the highest risk elements, from my years of working with investors and watching startups come and go: All the co-founders are first-time entrepreneurs.

New York City 246

New York City Silicon Valley Bootstrapping Technical Review 246

YoungUpstarts

JULY 6, 2017

The romantic ideal of a successful startup includes little more than a good idea, a laptop and plenty of coffee. In reality, most startups require an early capital infusion to successfully transform from a dream into a business. The good news is that it’s easier than ever to find capital for your startup.

Syndication 127

Syndication Syndicate Software Review Angel Investor 127

Startup Professionals Musings

OCTOBER 9, 2023

This dual-leadership approach would have avoided the frustration I felt in a startup a few years ago where beta customers loved our software solution as a free prototype, but we couldn’t sell one in the first few months for a price that seemed reasonable for all our work and innovation. These two jobs need to be done in parallel.

Technical Review 220

Technical Review Advisory Board Software Review Business Model 220

Startup Professionals Musings

JUNE 8, 2016

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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Bootstrapping Advisory Board Startup Venture Capital 120

Startup Professionals Musings

DECEMBER 15, 2014

In my experience, that’s actually the worst way to start, for reasons I will outline here, and also the least common way, according to an authoritative survey of new startups. Show you are committed to your startup, not just involved. A startup idea executed hastily and poorly will be killed more completely than any timing delay.

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Bootstrapping Entrepreneur Startup Burn Rate 276

YoungUpstarts

AUGUST 19, 2019

Legal startups are upsetting the legal industry in a good way. Businesses bootstrapping their approach to progress will discover this service lucrative for: Incorporating. Rocket Lawyer may be too established to be considered a startup now, but the company’s services are a must-know for anybody needing legal services.

United Kingdom 113

United Kingdom Startup Software Review Bootstrapping 113

Startup Professionals Musings

JANUARY 30, 2021

This dual-leadership approach would have avoided the frustration I felt in a startup a few years ago where beta customers loved our software solution as a free prototype, but we couldn’t sell one in the first few months for a price that seemed reasonable for all our work and innovation. These two jobs need to be done in parallel.

Technical Review 399

Technical Review Product Advisory Board Business Model 399

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. 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.

Exit Strategy 289

Exit Strategy Entrepreneur IPO Startup 289

Startup Professionals Musings

SEPTEMBER 8, 2019

For a nonprofit, bootstrapping is self-funding from donations and fund-raising. What options do they have available to them, since they can’t sell a share of the company (no equity investment)? Individual and institutional philanthropy.

Equity 235

Equity Angel Investor Technical Review Exit Strategy 235

YoungUpstarts

AUGUST 24, 2015

With the key themes of freedom and value at its core, “ The $100 Startup ” is a brilliant blueprint assisting “wannapreneurs” keen to heed the rallying call of the microbusiness revolution. From borrowing from family members to Kickstarter to car loans, there are various ways to reduce one’s startup burden.

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Technical Review Software Review South Carolina Startup 100