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Stefan Wolpers's List: Bootstrapping
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Jan 12, 12
I met with two 20-something budding entrepreneurs this week, just by chance. I love working with and mentoring these young people. There is so much energy and hope to better themselves and make the world a better place too. And so much they need to learn. I thought I would encapsulate some of my advice that I gave them, and perhaps motivate you to reach out to someone you know who is looking to start their own business and send this post their way too.
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Jan 09, 12
Editor’s note: Contributor Ashkan Karbasfrooshan is the founder and CEO of WatchMojo. Follow him @ashkan.
Entrepreneurship requires balancing unbridled optimism with delusional foolishness. Most entrepreneurs are mocked and misunderstood until they are wildly successful, at which point the chorus changes from “good luck with that ‘business’, pal” to “I always believed in ya, buddy!” -
Nov 14, 11
The more I learn about startups the more I realize that one’s chance of succeeding is a continuum rather than some kind of binary state.
In other words, when you read a blog post that talks about “X Ways to Succeed with Your Startup” what they really mean is “X Ways to Potentially Increase Your Chance of Success With Your Startup. But the second title is too clumsy so we bloggers abbreviate. -
Jun 22, 11
Most entrepreneurs dream of taking an idea and turning it into a successful company, but that takes time and capital investment. Most startups don’t get funded by venture capital or angel investors; the money often comes from your savings, credit cards or friends. Because initial cash flow may be tight, you need to keep your budget realistic in order to stretch every dollar. That’s where bootstrapping comes in.
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