More Related Content Similar to The Beauty of Bootstrapping - Doing it Anyway (13) More from Chris Schultz (20) The Beauty of Bootstrapping - Doing it Anyway1. the
Beauty of
Bootstrapping
DOING IT ANYWAY
Thursday, February 12, 2009
2. IMPOSTOR
SYNDROME
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12. 1999 2009
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14. # of startups
Cost of starting
a startup
1999 2009
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15. $1mil revenue
$500k
$50k
time
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16. $1mil revenue
$500k
Ramen
Soup
$50k
time
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17. $1mil revenue
Bootstrapping
$500k
$50k
time
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18. $1mil Growth
Capital
revenue
$500k
$50k
time
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29. DAVE
MULLEN
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33. C A S H F L OW =
SUSTAINABILITY
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34. H O W D O YO U
MAKE MONEY?
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38. I have
not
failed
1,000 times.
I HAVE SUCCESSFULLY DISCOVERED 1,000
WAYS TO NOT MAKE A LIGHT BULB.
- Thomas Edison
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Editor's Notes
Customer #1
Customer #1
Bootstrapping a business forces you to focus on making money.
Cashflow is king.
Bootstrapping a business forces you to focus on making money.
Cashflow is king.
Rising tide lifts all boats.
BBO story about Las Vegas.
The action that is happening in NOLA right now.
Failure
- connector - networker
- social capital
- add value
- help people out