Comments on: Ways To Bootstrap Your Business http://www.youngentrepreneur.com/blog/uncategorized-blog/ways-to-bootstrap-your-business/ A website dedicated to reporting about young entrepreneurs and startups. Find inspiring stories about the next generation of entrepreneurs, as well as tips for how to start up, improve and grow. Mon, 21 May 2012 06:38:25 +0000 hourly 1 http://wordpress.org/?v=3.3.2 By: porady domowe http://www.youngentrepreneur.com/blog/uncategorized-blog/ways-to-bootstrap-your-business/#comment-54143 porady domowe Mon, 14 May 2012 12:27:21 +0000 http://www.youngentrepreneur.com/blog/?p=119#comment-54143 Whats up. Very cool blog!! Man .. Beautiful .. Wonderful .. I’ll bookmark your site and take the feeds additionally…I’m glad to find a lot of helpful info here in the article. Thank you for sharing… Whats up. Very cool blog!! Man .. Beautiful .. Wonderful .. I’ll bookmark your site and take the feeds additionally…I’m glad to find a lot of helpful info here in the article. Thank you for sharing…

]]> By: Abundance Mentality | BootstrapBusiness.org : Blog http://www.youngentrepreneur.com/blog/uncategorized-blog/ways-to-bootstrap-your-business/#comment-480 Abundance Mentality | BootstrapBusiness.org : Blog Mon, 09 Jul 2007 17:26:18 +0000 http://www.youngentrepreneur.com/blog/?p=119#comment-480 [...] This can be a stressful mindset in life, but it’s incredibly dangerous in entrepreneurship. Scarcity mentality means that you’re not going to share, collaborate, take risks, take the next step, or enjoy the process. If that’s the case, save yourself the hassle and just get a job that doesn’t put you through that kind of pain. But there is a way out! There are warning signs and actions that can be taken to take you out of that scarcity mindset and bring you back to abundance mentality. [...] [...] This can be a stressful mindset in life, but it’s incredibly dangerous in entrepreneurship. Scarcity mentality means that you’re not going to share, collaborate, take risks, take the next step, or enjoy the process. If that’s the case, save yourself the hassle and just get a job that doesn’t put you through that kind of pain. But there is a way out! There are warning signs and actions that can be taken to take you out of that scarcity mindset and bring you back to abundance mentality. [...]

]]> By: No Secrets | BootstrapBusiness.org http://www.youngentrepreneur.com/blog/uncategorized-blog/ways-to-bootstrap-your-business/#comment-479 No Secrets | BootstrapBusiness.org Wed, 30 May 2007 21:03:07 +0000 http://www.youngentrepreneur.com/blog/?p=119#comment-479 [...] I seem to write about money a lot.  I’m learning that in order to be successful at maintaining and growing your small business, you have to know where your money is at all times.  Big corporations may have the advantage of having huge budgets and big backers- but they don’t have the flexibility that a small company has in managing it.  Rich and Ron have a system for handling their accounts receivable that I’ve never seen anywhere else.  A couple weeks ago, we updated the “board.”  The AR board is where Rich and Ron list, in detail, the people/companies that owe them money, how much money is owed, and when it’s due.  Right now, by simply turning my head, I can see how much money we’re meant to get and when.  What may be scary about this system is that anyone can know at any time how many accounts the business is handling, if they’re making money or riding on reserves, or if people are reluctant to pay.  On the other hand, I am able to properly handle different types of relationships with supplier/customers as they come in/call, and feel like a part of a team.  The knowledge I’m entrusted with helps me to feel invested and responsible for all aspects of the business, not just my specific jobs of editing and answering phones.  It wouldn’t work in a larger environment- but it’s a perk of being and entrepreneur and a small business owner. [...] [...] I seem to write about money a lot.  I’m learning that in order to be successful at maintaining and growing your small business, you have to know where your money is at all times.  Big corporations may have the advantage of having huge budgets and big backers- but they don’t have the flexibility that a small company has in managing it.  Rich and Ron have a system for handling their accounts receivable that I’ve never seen anywhere else.  A couple weeks ago, we updated the “board.”  The AR board is where Rich and Ron list, in detail, the people/companies that owe them money, how much money is owed, and when it’s due.  Right now, by simply turning my head, I can see how much money we’re meant to get and when.  What may be scary about this system is that anyone can know at any time how many accounts the business is handling, if they’re making money or riding on reserves, or if people are reluctant to pay.  On the other hand, I am able to properly handle different types of relationships with supplier/customers as they come in/call, and feel like a part of a team.  The knowledge I’m entrusted with helps me to feel invested and responsible for all aspects of the business, not just my specific jobs of editing and answering phones.  It wouldn’t work in a larger environment- but it’s a perk of being and entrepreneur and a small business owner. [...]

]]> By: THE SMALL BUSINESS BLOG » Blog Archive » Blogging Roundup - 2007.05.18 http://www.youngentrepreneur.com/blog/uncategorized-blog/ways-to-bootstrap-your-business/#comment-478 THE SMALL BUSINESS BLOG » Blog Archive » Blogging Roundup - 2007.05.18 Sat, 19 May 2007 10:00:50 +0000 http://www.youngentrepreneur.com/blog/?p=119#comment-478 [...] Make yourself look big - great advice for small business. 4 Tips to Choosing a Business Name - again good advice, just make sure you check for trademarks, etc. Ways To Bootstrap Your Business - I have been saying this for years. [...] [...] Make yourself look big – great advice for small business. 4 Tips to Choosing a Business Name – again good advice, just make sure you check for trademarks, etc. Ways To Bootstrap Your Business – I have been saying this for years. [...]

]]> By: Chris Stroud http://www.youngentrepreneur.com/blog/uncategorized-blog/ways-to-bootstrap-your-business/#comment-477 Chris Stroud Sat, 19 May 2007 00:32:36 +0000 http://www.youngentrepreneur.com/blog/?p=119#comment-477 This is great advice. The first year of my business most of my income and new customers came in from word of mouth. Basically I had a mini partner program where if someone referred X amount of dollars they received X amount of free product. Opposed to my banner and PPC campaign, which didn't yield satisfactory results. This is great advice. The first year of my business most of my income and new customers came in from word of mouth. Basically I had a mini partner program where if someone referred X amount of dollars they received X amount of free product. Opposed to my banner and PPC campaign, which didn’t yield satisfactory results.

]]> By: mehnaz http://www.youngentrepreneur.com/blog/uncategorized-blog/ways-to-bootstrap-your-business/#comment-476 mehnaz Mon, 14 May 2007 11:20:59 +0000 http://www.youngentrepreneur.com/blog/?p=119#comment-476 I think your advice makes sense. I have been reading up on Bootstrapping. Sramana Mitra in her piece, http://sramanamitra.com/blog/655 Is Bootstrapping Becoming Sexy Again? has explored the phenomenon that today, companies can be built quickly bootstrapping and bring success. Entrepreneurs are perfectly happy bootstrapping their companies. I think your advice makes sense. I have been reading up on Bootstrapping. Sramana Mitra in her piece, http://sramanamitra.com/blog/655 Is Bootstrapping Becoming Sexy Again? has explored the phenomenon that today, companies can be built quickly bootstrapping and bring success. Entrepreneurs are perfectly happy bootstrapping their companies.

]]> By: Paul http://www.youngentrepreneur.com/blog/uncategorized-blog/ways-to-bootstrap-your-business/#comment-475 Paul Sat, 12 May 2007 17:08:45 +0000 http://www.youngentrepreneur.com/blog/?p=119#comment-475 #1 and #9 were extremely important when I had started up my first business. Great list! #1 and #9 were extremely important when I had started up my first business. Great list!

]]> By: Daniel http://www.youngentrepreneur.com/blog/uncategorized-blog/ways-to-bootstrap-your-business/#comment-474 Daniel Sat, 12 May 2007 00:59:12 +0000 http://www.youngentrepreneur.com/blog/?p=119#comment-474 Great advice, indeed - wish I had had some of that when I started my first company. I made all of the usual mistakes (such as spending on logo-ed apparel....why?). Had I asked myself, "How will this make me money?", I think I could have done much better. Great advice, indeed – wish I had had some of that when I started my first company. I made all of the usual mistakes (such as spending on logo-ed apparel….why?).

Had I asked myself, “How will this make me money?”, I think I could have done much better.

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