Posts Tagged ‘Bootstrapping’
10 Ways for Entrepreneurs to Meet Cash Flow Peaks
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. I often get asked about the real alternatives to bridge this valley, and…
Read MoreCan You Bootstrap a Franchise Business?
The expression started out as “pulling yourself up by your bootstraps”—an impossible thing to do, so in the 19th century it meant a tall tale or an impossible claim.
Read More 3 Ways to Successfully Bootstrap a Product-Based Business
Bootstrapping any business is tough, but establishing a consumer product-based business versus a service-based or tech-based startup creates some very specific challenges.
Read More 10 Incentives for Entrepreneurs to Bootstrap Their Startup
I’ve always wondered who started the urban myth that the best way to start a company is to come up with a great idea, and then find some professional investors to give you a pot of money to build a company.
Read More Let Me Count the Ways Entrepreneurs Fund Startups
One of the most frequent questions I get as a mentor to entrepreneurs is “How do I find the money to start my business?” I always answer that there isn’t any magic, and contrary to the popular myth, nobody is waiting in the wings to throw money at you, just because you have a new and exciting business idea.
Read More 5 Things I Wish I’d Known Before Bootstrapping My Startup
If you’ve ever been through the process, you know that launching a startup is a struggle. Trying to bootstrap your business can be even harder.
Read More 3 Benefits to Bootstrapping Your Company
Recently, the St. Louis Business Journal described 2013 as the year “St. Louis tech took the money and ran,” profiling just how much money our city’s tech startups raised last year. The number is pretty impressive: $56M+ from just our top five startups.
Read More Realistic Options for Financing Your Startup
One of the first challenges new entrepreneurs face is finding a way to finance their businesses. You have a great business idea but little money to implement it; and, like every entrepreneur before you, you try to scrounge enough money to launch your startup—your dream.
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