Advantages and Disadvantages of Bootstrapping Your Business
Advantages and Disadvantages of Bootstrapping Your Business - Programming Insider
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To bootstrap a business means digging into your own pockets and trying to bring your idea to life with whatever limited resources you may have. No rapid-fire rounds of funding or hype from VC firms – it’s all on you! Bootstrapping is certainly an old-school approach to business funding, with ple...
“Eighty-three percent of entrepreneurs do not receive venture capital or traditional loans”
Why venture capital investments are booming - Marketplace
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VC deals and dollars raised are on track for another record-breaking year, according to the National Venture Capital Association.
Content Marketing for Bootstrappers | James Chambers
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How to use your strengths as a maker to grow long-term traffic for your SaaS.
Some good insights into how No Code tools provide a means for even more software companies to bootstrap.
No code tools, Crowdfunding and Supporting the AAPI community 💻💲🙏
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Listen to this episode from First Money In Podcast on Spotify. 💸 In this week’s episode of First Money In, the team dives into a special one hour bonanza on the future of building and funding. Tune in to hear how the new code is no code, venture capitalists are having their feet put to the fire...
Great interview focusing on the benefits of bootstrapping a software business
#105 – Charting Your Own Course as a Founder with Jason Fried of Basecamp
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Listen to this episode from Indie Hackers on Spotify. Jason Fried (@jasonfried) doesn't intend to be controversial or to change people's minds, but he seems to end up doing both of these regardless. Since launching Basecamp in 2004, he's grown the business to tens of millions of dollars in annual *p...
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How to go from idea to insane growth with no help as a bootstrapped founder
The Journey of a Bootstrapped Founder - Jim Huffman
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5 examples of bootstrapped founders that turned an idea into a 6 figure business. Includes case studies of Clickminded and Drip email marketing.
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Debunk the most common misconceptions about bootstrapping that fintech founders regret believing
6 Bootstrapping Myths Rookie Fintech Founders Regret Believing - Crazy About Startups
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Financial technology startup founders are bold and independent. They embrace the challenge of forcing arguably the most powerful entities on the planet to
As a thank you to my followers, the Kindle version of Brave Bootstrapping will be free from tomorrow for 4 days 🙂![]()
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www.amazon.com/Brave-Bootstrapping-Global-Business-Without-ebook/dp/B07BD4TL6Z
Brave Bootstrapping: How to Grow a Global Tech Business Without VCs
www.amazon.com
Brave Bootstrapping: How to Grow a Global Tech Business Without VCs
“These boots were made for strapping”
3 reasons why bootstrapping my business was better than relying on VC
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Bootstrapping my business hasn't been easy, but it has definitely been worth it in the long run. And you can always look for investment later.
“In the Valley, a unicorn is not just a numerical value of a billion-dollar business, it’s also a philosophy,” he told Quartz. But “around the world, the best entrepreneurs are taking the opposite approach. They’re saying, ‘I want to have sustainable economics from the get-go, manage costs, and still scale, but scale responsibly. From a risk-adjusted outcomes perspective, you get there more successfully, more often.”
Why Silicon Valley is no longer the global model
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Author Alex Lazarow points instead to "the frontier"—entrepreneur clusters largely in emerging markets that operate with far fewer resources and networks.
“Sustainable growth and keeping control of your company has a much higher likelihood of success for founders.”
It’s time we outgrew our fairytale fascination with tech unicorns
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Becoming a unicorn has been seen as a status of success for the last several years. Should this be a goal for every company?
Great article @aidan_kenealy
Venture Capital Isn’t Good For Us…
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A thought experiment into how Venture Capital could improve wealth equality, but probably won’t.
“Sure, it’s going to be hard. Entrepreneurs need to make better decisions, operate lean and act swiftly — much more so than if they were in the middle of a booming market.”
13 Massive Companies That Started During a Recession
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Why now is as good a time as ever to launch your business
This..
Forget Unicorns. Startups Should Be Camels.
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Startup 'camels' prioritize sustainability by balancing growth with cash flow.
COVID-19 will Kill a Ton of Startups:![]()
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“At this point, every VC is deciding which of their investments to prop-up with more money, which to let die, and which to fold into another”
COVID-19 will Kill a Ton of Startups (or So it Will Seem) | I, Cringely
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Expect an over-sized VC response to COVID-19. Almost no new venture investments will be made -- and a lot will die -- before the medical outcome is clear.
Inside the Bizarre, Boozy World of a Junior VC in Silicon Valley
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Welcome to an industry filled with 21-year-olds, open bars, and very little business experience
“Perhaps the original mistake of the DTCs wasn’t in their vision, but in their decision to take the venture capital in the first place.”
Why All the Warby Parker Clones Are Now Imploding
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How venture capital became the most dangerous thing to happen to now-troubled DTCs like Outdoor Voices, Harry’s, and Casper
“VC funding exists to add value, not be a lifeline”
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InterviewsUK-Startups “VC funding exists to add value, not be a lifeline”: Interview with Laundryheap’s Founder Deyan By Charlotte Tucker - February 7, 2020 Share on Facebook Tweet on Twitter There’s nothing more delightful than when someone fixes your everyday problem with a convenient solu...
We need to start celebrating the bootstrap buff.ly/3bpKRCb![]()
Bootstrappers may not be doing headline-grabbing, multi million funding rounds every 18 months, but they will be the companies that create long-term employment and fuel economic growth. And it’s these companies who should be earning a little more fanfare.
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AutoX is a rare company that bootstrapped through its early years, making it an outlier in an ecosystem dominated by the likes of Uber, Intel, and Google
Scrappy company leapfrogs the pack with functioning robot taxis | ZDNet
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The hectic streets of China demand a special kind of driving intelligence. Will this upstart company pass the bar in safety?
7 things you must do if you’re going to successfuly bootstrap
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Perry Oostdam of Recruitee shares the key components to self-fund your venture.
buff.ly/2n0W0nZ "0.05% of all entrepreneurs and even fewer founders of color actually secure venture capital."
Decoding the secret language of VCs
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John Henry, a founder of color, had to break through multiple barriers to succeed as an entrepreneur. Now an investor, he shares the inside scoop on getting funded.
Lots of nuggets of wisdom. Here are some favourites:![]()
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“Viewers of “Shark Tank”—the reality show on which entrepreneurs pitch to regal investors dressed in midlife-crisis clothes—could be forgiven for coming away with the impression, shared by many startup founders, that getting funded is itself proof of value. The public markets often disagree. “![]()
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“Subtract venture capital from the landscape of late-twentieth-century innovation, and we would have reached the new millennium with roughly the same technological capacities.”![]()
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“For a young startup, getting bigger faster is not always the best directive...undesirable treatment of employees, who may find themselves overworked, underpaid, or verbally abused. You’re unlikely to be a great boss if the people who invested millions in your company are pressuring you to grow, grow, grow or deliver ever-greater efficiencies—or be fired yourself.”![]()
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“Startups hoping to be acquired have less incentive to plan for a lifetime as healthy businesses; like the playboy burning through his savings on fast living and gorgeous suits, they have to keep it appealingly together only long enough to seduce a prosperous spouse-patron.”![]()
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“For all its swagger about finding diamonds in the rough, the industry has always been largely about whom you know and what narrative you fit, with firms notoriously favoring socially maladapted young white men.”![]()
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“Making the planet a better place gets a lot of discussion in Venture World, but it is sometimes as simple as constructing a company that is useful and sustainable, and that treats its employees well.”
Is Venture Capital Worth the Risk?
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The industry shaped the past decade. It could destroy the next.
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8 Startup Funding Statistics to Know![]()
77% of small businesses rely on personal savings for their initial funds.![]()
A third of small businesses start with less than $5,000.![]()
The average small business requires about $10,000 of startup capital.![]()
Only 0.05% of startups raise venture capital.![]()
The average seed round is $2.2 million.![]()
The median company running a seed funding round is 3 years old.![]()
Of startups that raised seed rounds, 1% reached unicorn status of $1B+ valuation.![]()
Startups with two co-founders rather than one raise 30% more capital.
Fundera: Compare Your Best Small Business Loan and Credit Card Options
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Discover the financial options you never knew you had and make your best business decisions yet. It's easy, free, and won't affect your credit.
buff.ly/2sgesvJ Bootstrap vs Venture Capital
Bootstrap vs Venture Capital: How to Play the Startup Game
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When you’re determined to be your own boss, you need to start a business. Is it a business that makes outerwear from natural materials? A firm that specializes in white label SEO programs? A restaurant that caters to niche appetites?
buff.ly/2OiaVFR Examples of successful bootstrapped founders who started with side gigs
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These women got creative with their side gigs, doing everything from voice-overs for commercials to selling old jewelry from boyfriends.
buff.ly/2pOoN0w Five companies that bootstrapped from Day 0, and achieved massive scale and profitability.![]()
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These 5 startups are bootstrapped yet profitable, without having to seek venture capital
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While scaling a business with venture money is convenient and gives quicker returns on investment for both founders and investors alike, there are those square pegs in round holes who take the other way around.
“10 years from now people will be embarrassed to say unicorn.”
Why I Fucking Hate Unicorns and the Culture They Breed
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Something is rotten in tech startup land. Don’t call me a hater for saying so. It’s not that I’m anti innovation or a disbeliever in disruption or calling it a full-scale bubble or saying every...
The greater fool theory and other common sense points
Why You Should Ignore The Rise Of The Unicorns - Brett J. Fox
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“I hate high-margin businesses,” one of the most famous VCs in Silicon Valley told me during my pitch. I thought to myself, “There’s not a hope in hell this guy’s going to fund us.” I ignored his comment, and I continued on with my presentation. So what did this world-renowned VC mean? I...