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Join the ranks of bootstrap entrepreneurs Title: Join the ranks of bootstrap entrepreneurs
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Filed in archive Bootstrapper Profile by Shawn Hessinger on May 31, 2007

Cara O'Callaghan, Santa Barbara, CA, created her own line of maternity T's using $4,000 and a bare bones e-commerce site Montana entrepreneur Andrew S. Field turned revenue from a successful ...

 

BootStrapMe needs you! Title: BootStrapMe needs you!
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Filed in archive Bootstrapper Profile by Shawn Hessinger on May 31, 2007

So, how about you? Do you have a bootstrap business that we can profile here at BootStrapMe.com. If so, don't keep it a secret. Let us tell the world. Drop us an e-mail and we'll tell your ...

 

College bootstrapper recommends business Title: College bootstrapper recommends business
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Filed in archive Bootstrapper Profile by Shawn Hessinger on May 31, 2007

CONTINUED FROM PREVIOUS POST Despite the initial risks of his endeavor, Dennis bootstrapped all the way in other parts of his business spending just $110 to host his site and $30 for a website design...

 

Success! Title: Success!
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Filed in archive Bootstrapper Profile by Shawn Hessinger on May 31, 2007

CONTINUED FROM PREVIOUS POST Today, 1 Greek Store is flourishing. On Pro Money Blog, his own little corner of cyberspace, the now graduated Dennis claims: In addition to our original goal, my compan...

 

Sweat equity key to bootstrap business Title: Sweat equity key to bootstrap business
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Filed in archive Bootstrapper Profile by Shawn Hessinger on May 31, 2007

CONTINUED FROM PREVIOUS POST The three partners in 1 Greek Store traded not only borrowed money but also plenty of time and sweat equity to make their venture a success. When they began during the s...

 

1 Greek Store finds niche Title: 1 Greek Store finds niche
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Filed in archive Bootstrapper Profile by Shawn Hessinger on May 29, 2007

CONTINUED FROM PREVIOUS POST In identifying a niche, the partners of 1 Greek Store zeroed in on a market that most might have ignored or simply not been aware of but one with which they were intimate...

 

Bootstrapping with credit requires consideration Title: Bootstrapping with credit requires consideration
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Filed in archive Bootstrapper Profile by Shawn Hessinger on May 28, 2007

CONTINUED FROM PREVIOUS POST In the case of 1 Greek Store those factors included: 1. Money saved from a recent internship that made it possible to pay the debt down easily if something went wrong 2...

 

Outsourcing vs. other business factors Title: Outsourcing vs. other business factors
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Filed in archive Bootstrapper Profile by Shawn Hessinger on May 28, 2007

CONTINUED FROM PREVIOUS POST But Dennis insists ultimately that the decision to internalize production was a business one having to do with quality and fulfillment control. "We actually wanted ...

 

When should you outsource? Title: When should you outsource?
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Filed in archive Bootstrapper Profile by Shawn Hessinger on May 28, 2007

CONTINUED FROM PREVIOUS POST While Atlanta consultant scott Bukett encourages offshoring---outsourcing of some aspects of you business overseas---as one possible strategy when bootstrapping a startup...

 

Bootstrappers decide to (in)source Title: Bootstrappers decide to (in)source
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Filed in archive Bootstrapper Profile by Shawn Hessinger on May 27, 2007

CONTINUED FROM PREVIOUS POST But what may have been most unusual about the path taken by Dennis and his partners in starting One Greek Store, a business marketing custom apparel for the minority frat...

 

Funding your business with credit (Part 3) Title: Funding your business with credit (Part 3)
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Filed in archive Bootstrapper Profile by Shawn Hessinger on May 27, 2007

CONTINUED FROM PREVIOUS POST For example, in a 1998 article the magazine maintained funding with plastic was fine so long as the entrepreneur is careful to: • Keep business and personal cards separa...

 

Funding your business with credit (Part 2) Title: Funding your business with credit (Part 2)
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Filed in archive Bootstrapper Profile by Shawn Hessinger on May 27, 2007

CONTINUED FROM PREVIOUS POST However, Braendgaard cautions: Having an extra $1000 more burn rate monthly as you might get if you hit the cards, makes it so much more difficult to hit break even. Thi...

 

Funding your business with credit (Part 1) Title: Funding your business with credit (Part 1)
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Filed in archive Bootstrapper Profile by Shawn Hessinger on May 27, 2007

CONTINUED FROM PREVIOUS POST Nothing so unusual there. Many entrepreneurs have used credit in part or completely to start a fledgling enterprise. In fact, as I believe I have mentioned before on thi...

 

College students used credit card bootstrap Title: College students used credit card bootstrap
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Filed in archive Bootstrapper Profile by Shawn Hessinger on May 26, 2007

It started with a piece of plastic and a dream. When fellow college students Tony Tran, Nick Leung and Dennis Ngin decided to get into the custom fraternity apparel business they didn't exactly t...

 

Balance especially important for part-time entrepreneurs Title: Balance especially important for part-time entrepreneurs
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Filed in archive Entrepreneurship by Shawn Hessinger on May 22, 2007

Personal and professional coach David B. Bohl challenged fellow bloggers to participate in a Workplace Survival Dialog earlier this month, and realizing today is the deadline, I wanted to get my contr...

 

Looks can be deceiving Title: Looks can be deceiving
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Filed in archive Entrepreneurship by Shawn Hessinger on May 21, 2007

CONTINUED FROM PREVIOUS POST In a comment on a previous post about starting that new business venture at home sans office, sans employees, sans all, James Chen, senior advisor for CXO Ventures, Sacra...

 

Keep it cheap Title: Keep it cheap
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Filed in archive Entrepreneurship by Shawn Hessinger on May 21, 2007

CONTINUED FROM PREVIOUS POST Finally, Harry Golburg again carps about a chintzy plan not to blow money on a business phone immediately, arguing that this and other decisions motivated by thrift may d...

 

All in the family Title: All in the family
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Filed in archive Entrepreneurship by Shawn Hessinger on May 21, 2007

CONTINUED FROM PREVIOUS POST Audrey Fox also took umbrage at a suggestion not to spend time telling family and friends about your great business idea. Though Dane's reason for saying this was s...

 

Beware the mighty Amazon Title: Beware the mighty Amazon
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Filed in archive Entrepreneurship by Shawn Hessinger on May 21, 2007

CONTINUED FROM PREVIOUS POST In a previous comment, Harry, one skeptical reader, also mentions Amazon.com. In fact, those worried about the percentage fees charged by PayPal should know that one of...

 

Response to critics also draws fire Title: Response to critics also draws fire
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Filed in archive Entrepreneurship by Shawn Hessinger on May 21, 2007

CONTINUED FROM PREVIOUS POST To date, before my response to the critics from the previous series of posts is even completed, it too is drawing fire from some of the same quarters. (Check the comment ...

 

PayPal vs. VISA (Part 2) Title: PayPal vs. VISA (Part 2)
PermaLink: http://www.bootstrapme.com/50226711/paypal_vs_visa_part_2.php

Filed in archive Entrepreneurship by Shawn Hessinger on May 14, 2007

CONTINUED FROM PREVIOUS POST Though I adore Harry for referring to me as "young", a call to a local merchant bank that is also a VISA "acquirer" two weeks ago demonstrated part of...

 

PayPal vs. VISA (Part 1) Title: PayPal vs. VISA (Part 1)
PermaLink: http://www.bootstrapme.com/50226711/paypal_vs_visa_part_1.php

Filed in archive Entrepreneurship by Shawn Hessinger on May 14, 2007

CONTINUED FROM PREVIOUS POST Harry Goldburg also had this to say about my advice on Visa and Master Card: I have to disagree once again. Yes, Paypal is a service that is capable of handling all type...

 

Office supplies and attorneys Title: Office supplies and attorneys
PermaLink: http://www.bootstrapme.com/50226711/office_supplies_and_attorneys.php

Filed in archive Entrepreneurship by Shawn Hessinger on May 13, 2007

CONTINUED FROM PREVIOUS POST Link: Bad advice? • office supplies. When a firm I still work for opened a bureau office in 1999 they supplied it with a box of 500 pens all prominently decorated with c...

 

Patents Title: Patents
PermaLink: http://www.bootstrapme.com/50226711/patents.php

Filed in archive Entrepreneurship by Shawn Hessinger on May 13, 2007

CONTINUED NEXT POST This issue was also covered by Harry Goldburg, another commenter who was convinced both Dane and I were off our collective rockers. More on Harry's other great feedback later....

 

Incorporation Title: Incorporation
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Filed in archive Entrepreneurship by Shawn Hessinger on May 13, 2007

CONTINUED FROM PREVIOUS POST This is more of a consideration for those who practice bootstrap entrepreneurship by choice like Greg Gianforte who made enough on the sale of his first venture Brightwor...

 

Bank Accounts Title: Bank Accounts
PermaLink: http://www.bootstrapme.com/50226711/bank_accounts.php

Filed in archive Entrepreneurship by Shawn Hessinger on May 13, 2007

CONTINUED FROM PREVIOUS POST Dave mentions GAP accounting laws as a reason to start a business bank account right off the bat. He's referring, I believe, to General Accepted Accounting Principles...

 

Accounting Title: Accounting
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Filed in archive Entrepreneurship by Shawn Hessinger on May 13, 2007

CONTINUED FROM PREVIOUS POST Before you've sold your first product to your first customer on what exactly will you seek advice from the accountant you retain? The revenues projected in a well tho...

 

Bad advice? Title: Bad advice?
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Filed in archive Entrepreneurship by Shawn Hessinger on May 11, 2007

CONTINUED FROM PREVIOUS POST This sort of cart-before-the-horse thinking is best expressed in a series of comments on everything from company organization to professional services and right down to t...

 

Missing the point completely Title: Missing the point completely
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Filed in archive Entrepreneurship by Shawn Hessinger on May 11, 2007

CONTINUED FROM PREVIOUS POST Amazingly, most commenters ignored the point of the posts completely which was, of course, small business startup. This means sitting in your living room or in front of ...

 

Responding to the critics Title: Responding to the critics
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Filed in archive Entrepreneurship by Shawn Hessinger on May 6, 2007

Last week's series of posts on Ten (X 2) Commandments when starting your bootstrap business venture inspired by Dane Carlson's "20 things not to do before starting a business" ignite...


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