Revenue, not funding

Let customers and cashflow fund the business instead of debt or investors, and treat venture money as a rare tool to use with caution rather than a goal.

It’s a great time to be an entrepreneur

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Joe Kraus says It’s a great time to be an entrepreneur In this post he asks why it cost $3m to launch Excite and only $100k to launch JotSpot His conclusion is that it boils down to the following 4 things: Hardware is 100X cheaper Infrastructure software is free Access to Global Labor Markets Search Engine Marketing …

Rules for survival by the founder of Go Daddy

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Bob Parsons the founder of Go Daddy has given some good rules and advise for us Entrepreneurs Go read the full back story at the above link as well as this later post When you’re ready to quit, you’re closer than you think where he expands on rule 3. For future reference here they are below: Here are the 16 rules I try …

BAP #4: Funding by plastic

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We’ve all heard the stories in colourful business magazines about people starting their multimillion dollar companies using nothing more than their credit cards as funding. It sounds like a cool idea and all and it could probably be used as a gamble if you are betting on receiving a large amount of cashflow straight …

6 simple rules for micro ventures

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Last year I wrote a long pice The Electronic Micro Venture in which I outlined these 6 simple rules to help launch and fund a transparent micro venture. As these are very important to what I am doing right now it I will keep an updated version of the 6 rules here. These rules are somewhat inspired by The Cluetrain …

Funding through a nine to five

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When you are bootstrapping you are basically starting from scratch, using your own savings, income and as soon as possible cashflow generated from the new business to grow. When you are bootstrapping though it isn’t only cash you need, but also sweat … and lots of it. Which is why balancing your time is really part of …

Welcome to Stake Ventures

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This blog will aim to document the process of bootstrapping my new venture. I will cover both the business and to some respects technical issues. While I am already close to launching, the bootstrapping process isn’t really finished until it has reached a level of stability where it can manage with out outside funding. …