Bootstrapping: Building A Business Built By Revenue

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Slides from my Web 2.0 Expo talk on Boostrapping a business. This talk was a "beta" version of a new series of presentations and posts that I am exploring about entrepreneurship and startups. Enjoy!

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Bootstrapping: Building A Business Built By Revenue

  1. 1. BOOTSTRAPPING : Building a Business Funded by Revenue (BETA) Greg Cangialosi November 18, 2009 – Web 2.0 Expo
  2. 2. Is bootstrapping for you ? (because its not for everyone)
  3. 3. Tenacity. This is not for the faint of heart.
  4. 4. YOU must believe. No fear of failure. (the best don’t have it)
  5. 5. Choose your partner(s) wisely.
  6. 6. Make it official. Cross the t’s & dot the i’s (Get a GOOD lawyer)
  7. 7. Don’t start with the exit in mind.
  8. 8. Solve a problem or Make something better.
  9. 9. Focus.
  10. 10. Start Small. Don’t Bloat.
  11. 12. Never , ever, ever give up.
  12. 13. Forced fiscal responsibility.
  13. 14. Landing that FIRST client & building momentum.
  14. 15. Pay yourself first .
  15. 16. Slow and steady growth is a good thing.
  16. 17. Experiment, evaluate & adapt. (constantly)
  17. 18. Get advisors and use them.
  18. 19. Listen to your customers. They are your gold.
  19. 20. Hire ONLY when absolutely necessary. (and hire slowly)
  20. 21. As you grow its ALL about the people.
  21. 22. Growth is trading one set of challenges for another.
  22. 23. Reinvest, reinvest, reinvest.
  23. 24. Where do you go from here ?
  24. 25. Start NOW. Recessions ROCK.
  25. 26. Thank You! Q&A   Greg Cangialosi   Connect. 410.230.0061 x104 - phone greg@blueskyfactory.com www.blueskyfactory.com www.thetrendjunkie.com @gregcangialosi @blueskyfactory

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