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Start Up Donut Says Now is The Time to Bootstrap a New Business
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Start Up bloggers chip in with ideas to keep cashflow under control
London, UK, July 21, 2009 -- Venture Capitalist and celebrity blogger Guy Kawasaki
says the probability of an entrepreneur getting venture capital is the same as
getting...
[Plus]
Start Up bloggers chip in with ideas to keep cashflow under control
London, UK, July 21, 2009 -- Venture Capitalist and celebrity blogger Guy Kawasaki
says the probability of an entrepreneur getting venture capital is the same as
getting struck by lightning while standing at the bottom of a swimming pool on a
sunny day.
He also warns this may be too optimistic.
What?s the alternative for an aspiring entrepreneur? In a recent blog post on Start
Up Donut, Alan Gleeson argues right now is an ideal time to start a business
following the bootstrapping principle.
Bootstrapping means starting a business without external funding and maintaining a
strict discipline on expenditure.
Gleeson suggests a number of ways that start ups
can cut costs with smart purchasing decisions.
Purchasing office equipment on eBay
Using a virtual office assistant system rather than a full-time secretary
Choosing efax solutions rather than buying a physical fax machine
Using Open Office or Google Docs for word
[Moins]
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