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Editor2018-10-18 03:03:522018-10-18 03:03:52Sink or swim why bootstrapping will make you a better entrepreneur
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Editor2018-10-18 03:03:522018-10-18 03:03:52Sink or swim why bootstrapping will make you a better entrepreneur
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Editor2018-10-12 08:03:462018-10-12 08:03:468 Tips for Setting Up a Killer Invoicing System That Always Gets You Paid
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Editor2018-10-11 02:03:512018-10-11 02:03:51The Epic Guide to Bootstrapping a SaaS Startup from Scratch — By Yourself (Part 1)
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Editor2018-10-10 12:03:552018-10-10 12:03:55How to Start a Business With (Almost) No Money
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Editor2018-10-10 02:05:002018-10-10 02:05:004 Money-Management Tips To Help You Bootstrap Your Business
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Editor2018-10-09 14:03:372018-10-09 14:03:37BOOTSTRAPPING: 12 Tested Ways to Generate Cash Without a Product Yet
How To Choose The Best High-Risk Credit Card Gateway For Your Business
Photo by Meriç Dağlı on Unsplash A high-risk business is one that is considered to operate in a high-risk industry or one with a high risk of financial failure. Such business includes online gambling business, online dating, CBD business, medical marijuana business, online pharmacies and drugs stores and many others. Source: How To Choose The Best High-Risk Credit […]
How To Avoid The Number One Cause of Business Closure
Photo by Jesus In Taiwan on Unsplash Around the world, the top reason for closing a business is lack of profits, according to the Global Entrepreneurship Monitor. And turning a profit starts with generating enough revenue—the kind that keeps on flowing and consistently covers your overhead. For many one-person service businesses, attracting this revenue is elusive. It’s not necessarily […]
This Chicago Startup Sold Its Protein Bar Company for $600 Million to Kellogg’s
The story of Peter Rahal, co-founder of RXBAR. “I remember distinctly early in my business when I was asking my dad about all the investor money I needed to fulfill my vision for RXBAR. He told me very directly, ‘You need to shut up and sell 1,000 bars.’.” That’s all Peter needed to hear. He […]
How To Bootstrap Your Startup By Selling Services
There’s a big change that I think needs to happen in the way we build businesses. It’s a change I can see coming, not for everyone, but for some few people who see a business as their life’s work, not their payday. Can a business be more than just something you build to flip to […]
5 Ways to Bootstrap Your Vision Into Reality Without Outside Funding
Photo by Robin Benzrihem on Unsplash Investment in SEO will eventually pay off. In this post, I use a few examples from the summit of founders building different products and services to show you what I found to be the five common strategies that helped those entrepreneurs go from idea to first paying customer and scaling sales significantly under […]
Not Enough Money to Start a Business? Here’s How to Get It
Every entrepreneur’s nightmare is trying to start or build their business and running out of cash. In fact, most entrepreneurs start and build their business on a shoestring budget. The SBA estimates that the average startup costs about $30,000, but most people don’t have that kind of cash lying around–even if they have a great idea […]
How to Secure Small-Business Loans With Bad Credit in 2018
One of the most common questions I get from entrepreneurs is whether they can get a small business loan if they have bad credit. A poor credit rating does not mean it is impossible to secure a business loan. However, the options available and the cost of capital are much higher than for someone who has good credit. […]
How we bootstrapped a startup
Photo by Oscar Nilsson on Unsplash The absolute truth is that each and every one of us can build a business that can support us. We don’t need to build a million dollar business to survive. We just need a regular paycheck. Just like the paycheck that we already get working for someone else, except it’s a paycheck […]
Top Bad Credit Small Business Loans in 2018 | LendEDU
In many cases, particularly in the first few years of starting a business, small business owners need access to affordable capital to help with expansion, inventory, overhead expenses, and equipment. Getting a traditional loan through a bank or credit union requires strong credit and revenue, and many business owners simply don’t make the cut. The […]
It Takes Money to Make Money — Or is There Something Else You Should be Looking For?
Photo by Glen . on Unsplash Money doesn’t matter when it comes to the success of your startup. What’s more important is your ability to stay on your toes and be nimble. If you’ve been in the startup world for over a month, you’ve probably heard the terms “iterate” and “pivot” tossed around liberally. Are they more than […]
6 Business and Financial Terms Every New Entrepreneur Needs to Know
If you want to make money, you’ll need to understand some basic concepts and metrics regarding money, customers… and even personal performance and health. Source: 6 Business and Financial Terms Every New Entrepreneur Needs to Know | Inc.com
3 Big Reasons to Bootstrap Your Business
It may be difficult, but bootstrapping forces you to learn valuable lessons about running a business. Not all startups can be bootstrapped, but if your business has low capital needs at the beginning then bootstrapping might be your best option. Source: 3 Big Reasons to Bootstrap Your Business | Entrepreneur.com
Here’s Why You Shouldn’t Bootstrap Your Startup
Photo by Teemu Paananen on Unsplash When you begin the journey of building your own business, you’re often told that you have a couple of options: You can either find investors and raise money, or you can bootstrap. “The reality is, for a “startup” (not a small business), you really only have one option. And it isn’t bootstrapping.” […]
The Internet’s Gateway Drug
Ever since the birth of the internet and eCommerce, there’s been the rise of a new drug. It’s called passive income, otherwise known as making money online. Source: The Internet’s Gateway Drug — Passive Income (#Money) Photo by Thought Catalog on Unsplash
Why You Don’t Actually Need Money to Make Money
Photo by Two Paddles Axe and Leatherwork on Unsplash “It takes money to make money. “It’s a very frustrating phrase. Where am I supposed to get the money I need to make the money I need? Is there some sort of vault I am unaware of? While I have incredible, hard-working, get-er-done parents, a trust fund or “gift to […]
The rise of giant consumer startups that said no to investor money
Photo by Jacky Chiu on Unsplash A new breed of entrepreneurs is creating huge consumer brands — like MVMT and Tuft & Needle — without venture capital, and laughing all the way to the bank. “In Silicon Valley, it’s often embarrassing when you haven’t raised money,” Ali told Recode recently. “When I’d go to parties or dinners, entrepreneurs would talk about […]
4 Things You Need to Know Before Applying for Your First Business Loan
Photo by Stoica Ionela on Unsplash You had an idea and you turned that idea into a new business. Congratulations! But as you work to get your dream off the ground or grow in new areas, you find yourself in need of valuable capital.This is where a business loan comes in. And if you need funding, you’re not […]
What Could You Build with Just $10,000?
Photo by James Pond on Unsplash What could you build with just $10,000? While collecting the stories of more than 50 startups that got big before they raised venture capital, it was surprising to learn how many founders claimed to get their business off the ground with just $5,000-$10,000. In a world where companies that have raised more […]
Bad Credit? Even an Entrepreneur in Your Shoes Can Score a Loan. Here Are 3 Options.
Photo by Isaac Benhesed on Unsplash Most business owners struggling to overcome poor credit have a notoriously hard time qualifying for the financing they need to grow their businesses. In fact, just 10 years ago, these entrepreneurs might not have had any small business financing options on the table. Thankfully, though, times have changed in the world of […]
The Number One Rule for Startups
Photo by Maarten van den Heuvel on Unsplash “Whatever you do, don’t screw this up.” There are many traits needed for a startup team to grow and scale, but the NUMBER ONE rule for any startup cannot be stressed enough: “Never ever run out of money” It is as basic as the human need for oxygen. Maybe this should […]
The 8 best small business credit cards to open in 2018
/in Bootstrapped /by EditorPhoto by Ryan Born on Unsplash If you own a small business — whether it’s a personal side gig or something with multiple employees — it’s important to keep your business and personal expenses separate from each other. Here are some of the best small business credit cards of 2018. Whether you’re a freelancer, someone with a side-gig, […]