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Dr. Susan Bragg bootstrapped her company by driving customer connections and partnerships. While bootstrapping with revenues, personal funds, and a small loan, she started her technology company and has grown it by penetrating her market via customer interaction.
Running your own business on your own terms can mean freedom in your schedule and business approach. It can also mean slim funding. This serial entrepreneur and cofounder of The Baby Einstein Company sought to avoid entanglement with venture capitalists and discovered doing business on a cash-only basis was the answer for him.
MotiveQuest founder, David Rabjohns, describes how he addressed key challenges in starting and growing his company--via bootstrapping--to number three in the "brand monitoring in social media" industry sector.
How do you deal with things when your business is on the verge of going bust? This author lays out a financial plan for working through lean years to sustain a business. Key tips: stash away cash during good times, downsize quickly if need be, and consider relocating to a lower-cost area of the country.
In the first three years of running her printing solutions company, Wendy Fergerson borrowed roughly $60,000 per month on credit cards without paying any interest. Out of that experience, she recommends credit cards as a way to bootstrap a company as long as you pay attention to the details on each card for which you apply.
There are many ways to read financial statements. This information will add understanding to your own reading of your financial statements.
This article covers the story of TerraCycle, a company that has brought innovation to the fertilizer business. The company's story offers a case study in bootstrapping a business to success.
A veteran media industry executive, Ron Bloom is the visionary CEO and business leader behind the founding of PodShow. Ron is ultimately responsible for PodShow's business units, team building, operations, financing and
hyper-growth. Bloom was the chief strategist in securing PodShow's elite private investors, including venture firms Kleiner Perkins, Sequoia Capital and Sherpalo Ventures. Bloom is often referenced as the author of the media industry's
"5/50" rule and Fart's Law of consumer technology adoption. Ron Bloom is a former Chairman and Chief Executive Office of THINK New Ideas, a company he founded with PodShow co founder Adam Curry. He helped to build the Company to over 500
employees working out of 8 offices in the US and abroad, driving revenues from a start-up to approaching $100 million in less than three years. He led the company through venture rounds, an IPO, multiple acquisitions, a private placement
of public equity, and, eventually the sale of the company for an estimated 350 million dollars. Prior to joining THINK New Ideas, Bloom again partnered with Adam Curry, acting as President and Chief Operating Officer of On Ramp helping it
to become one of FORTUNE Magazine's "Top 25 Emerging Technology Companies of 1995. In recent years, he has worked with a range of companies, helping to develop technologies for the cable industry as well as helping to launch a company that
provides technology solutions for Homeland Security. In his first career, Ron Bloom was a celebrated song writer and recording artist, having collaborated on several Top 10 hits, including Into the Night, which was a hit single twice. His
musical talents and artistic perspective have helped to shape PodShow's products, marketing, services and talent relationships.
To succeed in business, entrepreneurs must understand the language of business, which enables them to evaluate financial reports and make better decisions.
VCs increasingly are leaving the industry to become entrepreneurs, yet despite their experience with funding startups, many of them are realizing just how challenging it can be to launch a successful business. The insights gained in entrepreneurship, in turn, provide them with a perspective on what it means to be on the andquot;other sideandquot; of the funding table.
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