When someone asks me for the best way to fund a startup, I always say bootstrap it, meaning fund it yourself and grow organically. Bootstrapping avoids all the cost, pain, and distractions of finding angels or VCs, and allows you to keep control and all your hard-earned equity for yourself.
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Martinzwilling voted on the following stories on BizSugar
Eight Tips To Successfully Bootstrap Your Business
Posted by martinzwilling under StartupsFrom http://blog.startupprofessionals.com 4983 days ago
Made Hot by: BusinessBloggerPro on October 2, 2010 12:28 pm
Publish Your Website Or Customers Won’t Find You
Posted by martinzwilling under StartupsFrom http://blog.startupprofessionals.com 4984 days ago
These days, if your startup does not have an Internet web site up and running, you are not ready for business or potential investors. Customers go there to check on the details of your offerings, investors look there to check out your management and sales approach, partners go there to see how they
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Six Tips for Turning Business Ideas Into Action
Posted by martinzwilling under StartupsFrom http://blog.startupprofessionals.com 4985 days ago
Made Hot by: Entrepreneurosaurus on September 29, 2010 7:43 pm
Successful startups are all about turning ideas into action. These actions must be the hard part, since entrepreneurs always seem to come to me with ideas, and ask me for help on the actions. That has always seemed strange to me, since the magic is supposed to be in the ideas, and the actions are t
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Top Ten Action Items For Angel Funding Success
Posted by martinzwilling under StartupsFrom http://blog.startupprofessionals.com 4986 days ago
Every new startup I know dreams of being funded by an angel investor. Yet according to the latest data from AngelSoft, only about 3 out of 100 companies who initiate the formal request process actually get funded.
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Business Writing Style is as Important as Content
Posted by martinzwilling under StartupsFrom http://blog.startupprofessionals.com 4987 days ago
In the world of business, you only get one chance for a great first impression. The stakes are high – you are asking an investor for money, a customer for an order, or another executive for a partnership. Badly written letters, long rambling or emotional emails, or an obvious lack of spell checking
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Ten of the Best Reasons to Start a Business Now
Posted by martinzwilling under StartupsFrom http://blog.startupprofessionals.com 4988 days ago
A couple of weeks ago I wrote about “Ten of the Worst Reasons for Starting a Business,” so naturally a reader challenged me to turn that around and talk about the right reasons for starting a business. That’s a fair challenge, and probably more productive than the negative approach for all the peop
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Products vs Services – Critical Success Factors
Posted by martinzwilling under StartupsFrom http://blog.startupprofessionals.com 4989 days ago
Many writers have outlined the critical success factors for product companies, like sell every unit at a profit, patent the design, and continuous product improvement. But recently I was asked about success factors for services startups, and I quickly realized that there is very little published to
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You Don’t Need Delaware to Start Your Company
Posted by martinzwilling under StartupsFrom http://blog.startupprofessionals.com 4990 days ago
It used to be true that “everyone” incorporated in Delaware due to its more favorable terms, but many of these terms simply don’t apply to startups, or the differences don’t exist anymore. Most business professionals now recommend that your first choice should be your home state, or the state where
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Business Plan Writers - Know Your Audience
Posted by martinzwilling under StartupsFrom http://blog.startupprofessionals.com 4991 days ago
Writing a business plan can be a difficult process. Even if you know your product/service suite down cold, understand the strengths/weaknesses of the competition, and have built pro forma financials that are sane ... you still have to write the plan for a particular audience. What does that mean? A
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Entrepreneurs Can Learn To Enjoy Solving Problems
Posted by martinzwilling under StartupsFrom http://blog.startupprofessionals.com 4992 days ago
If you can’t solve problems and enjoy it, you won’t make it as an entrepreneur. By definition, an entrepreneur is the first to undertake a given business, and firsts never happen without problems and people frustrations. The toughest problems are people problems, like personnel issues, but there ar
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