Resources

You’ll find that most posts and guides have downloadable PDFs that provide more details about the topic. What we’ve done is combine all those bonus files in one single e-book that you can download below so that you don’t have to download every PDF at a time.

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Bootstrapped entrepreneur? start and grow with this simple strategy

This guide will show you a simple strategy for: Validating ideas and introducing new products and services through sales or presales. Building a community of people that “love your work”. People who will take the time to share their feedback and buy your products and...

10 Ways To Bootstrap And Validate A Business

Over the past two months, I interviewed close to 100 bootstrapped entrepreneurs as part of the Bootstrapping Summit about the steps they took to validate their ideas and acquire their first paying customer. No matter how many stories you and I have heard about...

Human Capital and Bootstrapping

Most entrepreneurs miss the biggest and most important part of the equation. For most people, Capital = Funding Today, I am going to introduce you to, or remind you of, your most valuable form of capital, your human capital. The truth is, capital =/ funding, Capital =...

Insights About The Performance of Bootstrapped vs Funded Startups

While most startups are bootstrapped, some entrepreneurs self-fund their startups by choice. I think it’s important that founders make data driven decisions about their startup funding options. By hand collecting data about 465 acquired startups obtained from...

How To Bootstrap a SaaS Startup (Guide)

In hardware, you can license your innovation to another brand letting them do all the work from branding to manufacturing, distribution and sales while getting a cut for every unit sold. In software there is a similar licensing deal but in this case, it’s direct to...

What You May Not Know About Bootstrapping (Research Backed)

It isn’t surprising that most startups and small businesses are bootstrapped. After all, while there’s around 28 million small businesses in the U.S., only 5,948 received funding from the $614 billion invested in 2017. Over 99% of ventures are self-funded through...

The 5 Steps For Building Startup Value Before Having A Product

A few months ago, I asked a group of aspiring entrepreneurs, I then randomly selected a sample from the group for a quick follow up interview. In the call, I asked them to elaborate on the top reason that’s stopping them from executing on their ideas. Those who chose...

How to Bootstrap a Startup

There is no doubt that turning an idea into a profitable and scalable venture is a dream come true for many passionate entrepreneurs out there. So what can possibly stop a person from living a dream?

How To 10X Your Wealth With 50% Less Resources

TL;DR: “My partners taught me that in order to create wealth, I need to pair up with people whose strengths compensated for my weaknesses.” -Kevin O’Leary Would you hire someone whose experience consists of barely a year in the space? Chances are, you won’t. After...

You Feel Like You’ve Invested Too Much To Quit Now?

A situation like that is described as involving an escalation of commitment. And it can be very costly. Tell me if you relate to any of these stories: I once spent a month collecting data I knew half way through I won’t be using but I continued by convincing myself,...

How To Invest Resources Wisely As A Bootstrapped Founder

I think you’d agree with me that acquiring resources to fund a startup is a big challenge. The truth is, getting an investment or finding alternative sources to raise startup capital is just one part of the challenge. Knowing how to invest those resources wisely...

46 Lessons First Time Entrepreneurs Must Learn About Startups

This infographic is a summary of the 46 lessons every first-time entrepreneur must learn about startups I outlined and explained in the post. First-time entrepreneurs must first understand the difference between small businesses and startups. Not every company that...

You Will Get Comfortable Bootstrapping (Learn From My Mistakes)

  If you’re bootstrapping today and plan on getting funded eventually or at a more basic level, bootstrap a scalable startup, this story is for you. In one of his Quora answers, Jason Lemkin notes that investors are skeptical to invest in service first startups, those...

Why I Failed To Bootstrap My First Startup (No Matter How Hard I Worked)

Put a genius on Mars with one goal: survive. Do you think she’ll be able to bootstrap her way to life? The truth is, sometimes no matter how hard we work, some things cannot be done without a toolbox. When I was half way through my bachelors, I didn’t have that...

91 Startup Terms Every Entrepreneur Should Know

Chances are you have seen or heard these terms in one way or another. I remember many years ago when reading an article about startups used to take me 10 times what it does today. Back and forth translating every other word was a hassle. One of the prerequisites of...

The Technical Foundation For The Non-Technical Founder

Designed by Freepik We are at times when the Idea Guy is the Hated Guy in the room. Yes, it’s becoming as strong as Hate. Everybody is pointing fingers at the idea guy. It’s that guy with nonsense business logic, I’ll keep pumping out great idea, you guys do the dirty...

How To Bootstrap A Startup

Bootstrapping is the mean by which over 80% of startups are initiated. Because less than 1% of startups are funded, entrepreneurs are left to compete for a small pool of funds. Pitching ideas is no longer the norm. To get a chance at raising a portion of the total...

How To Take Smart Risks As A Bootstrapped Founder

Designed by Unsplash   Investors’ money solves one problem: you have funds to run the business and you’re expected to invest it wisely. When you’re bootstrapped, you have to worry about two things: 1) finding a way to overcome lack of funding so you can run the...

5 Foundational Strategies For Business Bootstrapping

We usually hear statistics about how often startups fail to build a scalable product when the highest failure rates, in my opinion, are way earlier than that. It’s the failure to take the initial steps: the failure to execute on an idea. If lack of funding is the...

Venture Bootstrapping Has Disadvantages Too. Here are 7.

I have long been a proponent of venture bootstrapping. I still am. Some of its benefits include control, caution, customer focus, responsibility and freedom. The irony is that for each one of those benefits there are downsides.

How To Build A Startup On Your Own Budget

According to research findings by Fundable, less than one percent of startup founders get funded by angel and venture capital investors. The numbers are a lot lower for venture capital funding, 0.05% as compared to 0.91 by an

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