I gave a quick 15 minute presentation about getting funding for an internet business at BarCamp Chicago a couple of days ago. There was a nice long Q&A session afterward. A lot of the questions people asked me were more about starting out with a business. Specifically, people were interested in 'booststrapping' . I wrote about this before, but I thought it might be a good series topic. So over the next 4 or 5 weeks, I'm going to write about bootstrapping an internet business. Here are the topics I'm thinking about:
Create a product somebody is willing to pay for
Make the First Sale
Sell it a bunch of times
Secrecy is for sucks
Disciplined Spending
Full time vs Part time
Perfection is the enemy of growth
In a pack vs lone wolf
Surround yourself with good advice
Hiring First employees
Hire Slow
Bootstrapping Effect #1: Investment and Valuation
Bootstrapping Effect #2: Competition
Bootstrapping Effect #3: Attachment
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