Seen that? - 10 shoestring principles for business

Filed in archive Best of on October 2, 2009

10 shoestring principles for business at BootStrapMe

Managing editor Isabel M. Isidro's story entitled 10 lessons for every "shoestring" entrepreneur at PowerHomeBiz.com includes some important points for any business. However, some of the principles followed out of necessity by companies with little or no start-up funding help explain why bootstrap--or as Isidro calls them "shoestring"--entrepreneurs may sometimes have the edge. She writes: Success in entrepreneurship is not necessarily a contest of having the fattest wallets...Successful entrepreneurs know how to [...] Read More


13 articles on bootstrapping success at BootStrapMe

Here's more inspiration for the New Year. 13 great articles on bootstrapping success from Inc.com's "Starting up on a shoestring" compilation. Stories include: 1. Start with nothing. The now well-known story (in bootstrapping circles) of how bootstrapping guru Greg Gianforte founded RightNow Technologies 2. The pita principle. How entrepreneurs Mark and Stacy Andrus (pictured above) turned a sandwich cart business into a snack food empire with their Stacy's brand 3. Net Flix. How Jeff Rix [...] Read More


Top 10 list includes bootstrap principles at BootStrapMe

Notice the points under consultant Cherilyn R. Lester's Top 10 Mistakes Entrepreneurs Make When Starting a Business that have to do with spending too much money on start-up. She recommends that entrepreneurs: · Try to take a do-it-yourself approach to designing their website · Don't spend money on business cards, brochures and fliers · Don't spend money on a yellow pages ad Lester further advises that start-up entrepreneurs take some other basic bootstrapping principals [...] Read More


Principles for Responsible Investment hit $8 trillion at Sox First

Last year, I looked at the rise of the universal owner. These are the institutions and pension funds that have holdings across the entire economy. Because their holdings encompass most sectors, markets and asset classes, their interests are largely the same as the public's, and beyond the performance of any one company or sector. As a result, they are turning ethical issues like climate change and social impacts into corporate [...] Read More


Carbon principles at Sox First

Earlier this month, I did a blog entry looking at the massive impact that climate change will have on the financial services sector, particularly the banks.Now, global law firm Winston & Strawn has put out a briefing paper on the carbon principles being championed by Citibank, JPMorgan Chase, and Morgan Stanley working in conjunction with various power companies. According to the principles, the aim is to encourage companies to invest [...] Read More