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I have always been interested in security and cryptography and have always been annoyed with the security disclosures or lack of them that most web applications offer. Therefore I am making StakeItOut’s Security Page painfully public for the world to see. I think it is better for small fish like me to be honest and not …
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More Bootstrap Anti Patterns: In the last startup where I worked, we halted all my development work to work on various revisions of our business plan a total of 3 times. This worked out to about 4 months of lost time. In my post mortem of the now failed venture, I believe that focusing on business plans, possible …
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Seth Godin hits it again. Small is the new big he claims. This is what I’ve been claiming for years now: Small means the founder makes a far greater percentage of the customer interactions. Small means the founder is close to the decisions that matter and can make them, quickly. Small is the new big because small gives …
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Spending all your time doing tech support for your own work environment This one has inflicted me a lot in the past. Since I found the solution I am no longer troubled by it. I have classified various versions of this: Techsupportis geekae Geeks like me are natural tinkerers. With Linux and Windows we are constantly …
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I want to create a series of small posts describing common Anti Patterns that can cause problems with attempting to start your own micro venture. The chief observation post for these are my own mirror, although I will also mention some that I have observed repeatedly elsewhere.
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Choosing a legal structure for your new venture is some thing that you do have to think about. If only for planning purposes. Having gone through the offshore companies is cool phase a long time ago, I decided that there are really two things you need to think about: Whats best for your business? Whats best for your …
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[ Just added this to my new series on Antipatterns ] A mistake I myself have made as well as many other smalltime entrepreneurs is that we have wanted to appear like a business to early. Symptoms of this are things like: Incorporating Renting office space Buying a fax machine (You know a business needs one) Fancy …
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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 …
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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 …
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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. …