Tag: bootstrapping
Bootstrapping: Accumulating Wealth Instead of Winning it Like a Lottery
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 [...]
Bootstrapping isn’t for Wussies: How to Obtain Profitability & Scalability
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 [...]
Choosing Your Bootstrap Staff
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 [...]
