I came across the Kwiqq blog this morning and a post on how young entrepreneurs in the technology sector can bootstrap their business to success. Finding capital is always one of the biggest challenges new business owners face and I thought it was an interesting list to share. The top 7 tips are:

1. Be Stingy: From university and partying every other day I went to no partying and cooking at home.
2. Incentives your team: Give them other incentives, I used food.
3. Team: You need experts in different fields.
4. Friends are gold dust: While you have just jumped into this amazing experience of entrepreneurship you need a support group.
5. Work like no tomorrow: For the last 1.5 years I’ve put in around 12-15 hours a day working.
6. Learn, learn, learn: The best thing which happened to me was learning from courses, seminars and simply talking to people.
7. Share with people: Don’t be possessive about your business.

You can read the full details of the post here.

Evan Carmichael

Meet YoungEntrepreneur.com co-founder Adam Toren at this year's BlogWorld 2008!

Evan Carmichael
YoungEntrepreneur.com Blog Manager

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