|
bootstrapping,
bootstrapping,
bootstrapping,
bootstrapping,
bootstrapping,
bootstrapping,
bootstrapping,
bootstrapping,
bootstrapping,
bootstrapping,
bootstrapping,
bootstrapping,
bootstrapping
|
Venture Financing:
Step-by-step Guide |
Bootstrapping
The Most Common
Source of Initial Equity for Entrepreneurial Firms
|
 |
By:
Vadim Kotelnikov,
Inventor, Author, and Founder of:
Ten3 Business e-Coach
– Inspiration and Innovation Unlimited, Fun4Biz.com –
Entrepreneurial Creativity Paradise,
VVV1 – Global Virtual Venture
Valley #1
|
 |
Yes! You are in the right place!
|
|
|
This site is
Ranked Top 5
by Google
for
"Bootstrapping"
out of about
3-million-wide (!!!) competition!
|
|
|
 |
venture financing,
venture financing, venture financing, venture financing, venture financing,
venture financing, venture financing, venture financing, venture financing,
venture financing
|
Venture Financing: Process and Selection Criteria
|
What
is Bootstrapping?
Bootstrapping
is a means of financing a small firm through highly creative acquisition and use
of resources without raising equity from traditional sources or borrowing money
from a bank. In short, "bootstrapping" means starting a new business without
start-up capital. It is characterized by high reliance on any internally generated
retained earnings, credit cards, second mortgages, and customer advances, to
name but a few sources.
Why
Bootstrapping?
Bootstrapping is the most likely source of initial equity for more than 90%
of technology based firms. Venture capitalists are rarely able to fund small
start-up firms (in US, seeking lees than $5 million), regardless of the quality
of the venture, because of their very specific investment criteria and high
costs of due diligence, negotiating, and monitoring. Bootstrapping offers many
advantages for entrepreneurs and is probably the best method to get an
entrepreneurial firm operating and well positioned to seek equity capital from
outside investors at a later time.
Bootstrapping Options...
Strategies for Successful Bootstrapping...
Bootstrapping Options for
Product Development...
Bootstrapping Options
for Business Development...
Bootstrapping Options to
Minimize the Need for Capital...
Bootstrapping Options to Meet the Need for
Capital...
Alternative Financing: VC Is Not
The Only Way...
|
|
|
References:
1.
"Bootstrap Finance: The Art of Start-ups" by Bhide, A.
2. "Who Bankrolls Software Entrepreneurs" by Freear, J., Sohl.J.E.,
and Wetzel, W.E.
3. "Financial Bootstrapping in Small Businesses: A
Resource-Based View on Small Business Finance", Winborg,J., and Landstrom.H.
4. "Angel Investing", Osnabrugge,M.V., and Robinson, R.J.
|
|
|
