Browsing Tag

bootstrap your business

13 posts
raising capital
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6 Successful Dealmakers Provide Top Tips on Raising Capital

Bootstrapping will only take your startup so far. Many businesses underestimate how much money they really need to keep going and growing, and they run out of runway. When raising capital, these investor-entrepreneurs and members of The Oracles share their best secrets, tips and strategies. 1. Soul-search For me, it’s all about enthusiasm. You need to show...
bootstrap your side hustle
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How to Bootstrap Your Side Hustle into a 6-Figure Business

How do you successfully bootstrap a side hustle into a six-figure business? Building a wildly profitable business is simpler than you might think. With the right business model and strategy, you can build a successful side hustle that doesn’t require any external funding and turn it into your full-time job.  Here’s how I did it...
Agnieszka Wilk
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The 7 Business Lessons We’ve Learned in 7 Years

Fewer than 50 percent of businesses make it to their fifth year. That means that half of all companies have a short lifespan, despite their efforts to build something successful long-term. The interior design space is particularly competitive: predictions state that by 2026, the market will be worth $270,410 million, and in turn, a whole...
creative financing
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7 Creative Financing Options for New Businesses and Startups

It takes money to make money. But financing isn't always easy — especially if you're the proud founder of a brand new business. Traditional banks and financial institutions set a high bar for borrowers. They want to see years in business, consistent revenue and excellent credit scores, and those are things that most new businesses...
linktree
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Bootstrapped and Global from Day One: The Story of Linktree

Linktree was created somewhat by accident in 2016, as a side project by myself, my brother, Anthony Zaccaria, and our friend, Nick Humphreys, to solve a problem we thought to be uniquely our own. At that point, we’d worked in the digital space for many years and were running Instagram accounts for the bands and...
alternative funding
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4 Alternative Funding Options for Your New Business

It's hard to secure funding from venture capitalists. There's a good reason for that: it should be hard. Raising venture capital for the wrong kind of business is a recipe for startup failure. The media, such as HBO's "Silicon Valley," and the general glorification of VC-backed startups have led many entrepreneurs to believe that venture capital is...
funding
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7 Alternatives to VC Funding That Women Entrepreneurs Need to Know About

News, television and other media have pushed venture capital from specialized financing vehicle to the mainstream. It would be easy to assume, then, that venture capital is a good fit for every startup, but that’s not the case at all. In particular, venture capital is often not a good fit for startups. Taking venture capital...
law firm
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How This Law Firm Bootstrapped its Way to Success

John Pascoe is the founder of the Pascoe Law Firm, a dual-practice law firm in the Houston area that specializes in car, truck, and motorcycle accidents. Instead of keeping up with the “Joneses” of other large local law firms, Pascoe focuses on providing excellent customer service rather than outspending competitors. Starting out Why did you...
bootstrapping
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The Art of Bootstrapping: How to Start a Business with Little to No Money

Bootstrapping is a term that has long been applied to entrepreneurs and the entrepreneurial process. According to Dictionary.com, when used as a verb, bootstrapping means to “help oneself without the aid of others.” In the business world, it’s often a reference to the financial end of starting up a business with very little capital, little...
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How This Mom’s Ever-Growing Laundry Pile Inspired a Business

Any parent of young children can relate to the constant struggle of staying on top of laundry. Angelyn Myers, founder of My "Buddy" Towel, is no different. The mom of six was especially frustrated when one of her children insisted on using three towels to keep warm after bath time, adding significantly to the laundry...
scaling
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4 Lessons I Learned From Scaling a Startup to an SME

You started a business because you have goals, and where you began probably isn’t where you want to end up. Scaling a startup to a small to medium enterprise (or SME) is part of growing and expanding, but it’s not without its risks. After all, 75 percent of VC-backed startups fail. I started my company...
cash flow
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7 Practical Ways to Manage Cash Flow So Your Business Never Goes Broke

Probably the biggest killer of any business is that it runs out of money. Often, it's not even for lack of a good product, but lack of cash flow. It takes years of experience for an entrepreneur to understand how to manage cash flow well. Money masters and members of The Oracles share their top techniques for...
bootstrapping
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Bootstrapping 201: How to Save Money on Basic Business Necessities

When it comes to starting a business, we don’t hear as much in the media about bootstrapping. After all, venture capital is more interesting, right? That’s where unicorns get created. That’s where sales might increase 1,000 percent in a quarter. In the entirety of 2017, there were about 11,000 total VC investments made worldwide, according...