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Tag: bootstrapping

5 Tips for the Bootstrapped Startup

5 Tips for the Bootstrapped Startup

| February 28, 2014 | 0 Comments

Sometimes, the startup environment feels like a lot of people mimicking Cuba Gooding Jr. in Jerry Maguire. That is, itching for someone to show them the money. With the rise of accelerators and incubators, the prestige of seed funding has many entrepreneurs focused on wooing investors, rather than developing their business plan and strategy. Making […]

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Bootstrapping Design & Development: A Young Entrepreneurs Guide

Bootstrapping Design & Development: A Young Entrepreneurs Guide

| January 23, 2014 | 3 Comments

Have you ever had an idea that you just knew would work, but didn’t have the resources or the technical know-how to bring it to fruition? It’s a frustrating experience most young entrepreneurs face at least one point in their career. I hit that proverbial wall on my first business endeavor, which forced me to […]

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Comic: Penny Pinched Beyond Bootstrapping

Comic: Penny Pinched Beyond Bootstrapping

| June 15, 2013 | 0 Comments

Time to pull up your socks and start bootstrapping.  Got a great idea but it’s still in your head? Not sure if any customers would give your idea a second look?  Still trying to figure out the startup game? Bootstrapping is great way to give you and your idea some validation and a jumpstart.  It […]

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7 Lessons From Bootstrapping a $15M Lifestyle Business

7 Lessons From Bootstrapping a $15M Lifestyle Business

| February 4, 2013 | 8 Comments

Since we started Mindvalley, we’ve blossomed to over 100 employees and revenues past $15 million a year (50 million in Malaysian Ringgit). We’ve become one of the biggest sellers of educational content online (mostly in meditation and personal growth, but we’re expanding fast into other fields). We just hit 1.3 million subscribers and our 200,000th paying student. […]

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Bootstrapped Budget? 5 things to know if you outsource

Bootstrapped Budget? 5 things to know if you outsource

| November 22, 2012 | 3 Comments

When we had the idea of creating PrepLounge, my business partner and I knew that we could not afford it alone. Had we had a national (German) software company develop our website, we would definitely have needed additional seed-funding. We knew, however, that bringing investors onboard at a later stage would cost us a lot […]

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Bootstrapping: Accumulating Wealth Instead of Winning it Like a Lottery

Bootstrapping: Accumulating Wealth Instead of Winning it Like a Lottery

| May 30, 2011 | 3 Comments

We’ve all heard “cash is king” for businesses, but is this really true? If you are an entrepreneur, you understand how delicate startups are. They are growing entities that should be handled with extreme caution and care. The obvious goal of this growth is to work towards profitability, but caution, growth is something you shouldn’t […]

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Bootstrapping isn’t for Wussies: How to Obtain Profitability & Scalability

Bootstrapping isn’t for Wussies: How to Obtain Profitability & Scalability

| January 13, 2011 | 5 Comments

When an entrepreneur starts their business, chances are, especially if they are bootstrapping, there is a continual focus on getting started and grinding through the first year or two. This is when most small businesses fold – more than 50% in year one and 95% within five years. The first goal with any business, as […]

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Choosing Your Bootstrap Staff

Choosing Your Bootstrap Staff

| November 6, 2009 | 5 Comments

When I founded CyberSynchs in June 2008, I was challenging myself to move in a new direction.  I was a recording artist with a valuable tech idea and I needed to assemble a team of professionals to craft that idea into a reality. One of my first tasks was to sit down with a few […]

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