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Bootstrapping

 Bootstrapping

Lessons learned while bootstrapping a business.

Kyle M. Brown

June 16, 2017
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  1. L E S S O N S L E A

    R N E D W H I L E B O O T S T R A P P I N G A B U S I N E S S . BOOTSTRAPPING
  2. BOOTSTRAPPING What is Bootstrapping? “bootstrapping usually refers to a self-

    starting process that is supposed to proceed without external input.” KYLE M. BROWN
  3. OBJECTIVE Real best practices that you can use when building

    a startup business based on lessons learned. Warning: There is no magic bullet. KYLE M. BROWN
  4. DISADVANTAGES • Lack of capital and cash flow – Things moved

    slower. Lessons took longer to learn. • Lack of experience and know – Had to learn some skills that I didn’t have. • Loneliness – Friends, Family and society didn’t get it. KYLE M. BROWN
  5. ADVANTAGES • Control – I set the vision, tone and strategy

    for the company. • Reap the rewards – I own the equity and the fulfillment of building something. • They Still like me – I have received inquires about taking on investors. KYLE M. BROWN
  6. SOLO Decide whether or not you are going it alone

    or with a Co-Founder. This journey will require focus and strength and lots of time. KYLE M. BROWN
  7. SCHEDULE AND PLAN Schedule your time like it’s your job!

    Mornings, Nights and weekends are for companies for which you own 51% or more. KYLE M. BROWN
  8. HUSTLE Use elbow grease whenever possible. Leverage the tools and

    information that is plentiful on the web. KYLE M. BROWN
  9. BOOTSTRAPPING Know that you are self funded and your supply

    of runway is limited. Know that you are not who TechCrunch is writing about most of the time. Don’t get caught up in the dream, make the dream reality. KYLE M. BROWN
  10. FIND THE MONEY Focus on ideas that generate profit for

    your company as soon as possible. The larger ideas can live on your roadmap. This may mean building features before product. KYLE M. BROWN
  11. RESOURCES KYLE M. BROWN INFORMATION TOOLS Podcast http://www.startupsfortherestofus.com Platform -

    WordPress https://wordpress.org Amy Hoy http://stackingthebricks.com Styling - Twitter Bootstrap http://www.getbootstrap.com SEO http://www.seobook.com Email - MailChimp https://mailchimp.com
  12. CONTACT Kyle M. Brown Founder and Chief Operating Officer at

    http://wpSaaS.net @kylmbrown | http://www.Kylembrown.com Clarity at https://clarity.fm/kyle-m-brown