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Is plain vanilla the right goal?
in The Mortgage Roadmap, on June 30, 2009
...savvy and knowledge to make more exotic mortgages work for them. It'd be a shame, the editorial argues, to pass legislation that would discourage reputable mortgage lenders from offering innovativ...
What next for GM?
in Sox First, on June 4, 2009
...Still, it's hard to ignore film-maker Michael Moore's vision of what could be done. Moore argues the money would be better spent building bullet trains running across the country, as they do...
Is manufacturing dead?
in Sox First, on June 3, 2009
...m. Which makes the observations in Robert Reich's blog on the future of manufacturing. Reich argues that the bailout of GM is just buying time. It won't create jobs and it won't save GM...
Harvard Law Professor Says P2P Is Fair Use
in P2P File Sharing, on May 22, 2009
... 'didn't do it,'" writes Ars Technica's Nate Anderson . "Instead, Nesson argues that it doesn't matter if Tenenbaum copied music; such noncommercial uses are presumptive...
Peak oil and lifestyles
in Sox First, on May 22, 2009
...cts from far-off countries will erase other advantages, such as low-cost labour. It will become, he argues, 'the largest barrier to global trade'. This will lead to more dense communities, les...
How to introduce a carbon tax
in Sox First, on May 20, 2009
...rsity of Colorado law professor Michael Waggoner . In recent paper How and Why to Tax Carbon he argues that a carbon tax would create a more efficient and equitable means of raising revenue than t...
The Balance of Life
in BootStrapMe, on May 10, 2009
Like many high pressure careers, bootstrappers face a problem that can sometimes be difficult. It is a problem for which no pat answers or prefabricated solutions are available. The problem: maintaining a balance between your entrepreneurial endevears and the rest of life.
You do have a life , do...
Testing stress tests
in Sox First, on May 5, 2009
...ancial system is still addicted to taxpayer cash," Gilbert writes. Economist Nouriel Roubini argues that the stress tests are actually "fudge tests" because they are based on economi...
How Sound is Your Business Plan?
in BootStrapMe, on April 27, 2009
I recently reported at BizPlanHacks on some research that shows that business plans don't get start-ups funded by VC's. But what do we care?
A business plan takes on a whole new meaning in the context of a bootstrapped business. PE Hub 's Joanna Glasner rightly points out that the...
Resources for Women Entrepreneurs
in BootStrapMe, on April 19, 2009
Adam over at Blogtrepreneur points out the prominent role women play in the bootstrap community and the larger world of entrepreneurs today. He uses suffrage as a point of reference; 90 years ago women couldn't even vote. "You've come a long way, baby." (Hope that doesn't...
Is the US becoming like Russia?
in Sox First, on April 15, 2009
...hat's the case says MIT management professor Simon Johnson. His piece in the Atlantic Monthly argues that the finance industry has effectively captured the US government. "Wall Street is a ...
Supply chain video: John Westerveld talks about supply chain risk strategy
in Supplychainer, on April 9, 2009
...isk management has become increasingly more recognized as a critical part of corporate strategy. He argues that companies should move to leaner, global supply chains and be able to respond to events s...
Before You Start a Business, Do an Internship
in BootStrapMe, on April 4, 2009
Before you start a business, you can gain a lot of insight into you new industry or market by doing an internship in a business in the same sector of your economy. That was the advice of Karen E. Klein at BusinessWeek last month. She called it an "inexpensive way to avoid mistakes when you la...
The Value-Price Relationship
in BootStrapMe, on March 31, 2009
Entrepreneur had a good piece by Barry Farber earlier this month on how the relationship between value and price can make or break your business. I remember seeing this statement above a local printer's office:
Price, Service, Quality
(Please pick two)
If you choose to lower your pr...
The Personality of an Entrepreneur
in BootStrapMe, on March 25, 2009
Young Entrepreneur had a piece recently on entrepreneurial personality. It was an interesting look at the importance of matching personality to your job function.
The article interviews consultant Bill Wagner of Accord Management Systems. Word to the wise, we can't change our personality bu...
Is the Internet shattering advertising?
in Sox First, on March 23, 2009
...ly is, says Professor Eric Clemons from The Wharton School. In this TechCrunch piece , Clemons argues that the drop in Internet advertising was not unpredictable and was always going to happen. T...
VC's Overrated...
in BootStrapMe, on March 19, 2009
Brad Feld had an interesting piece recently that I thought my BootStrapper friends would smile about. It was on the relationship between entrepreneurs and venture capitalists. When I think about who I spend most of my time with, it's entrepreneurs. When I think about who really drives innovati...
Argus Bean Rugged Camera Should Take a Beating
in The Gadgets Weblog, on March 12, 2009
Living in Colorado, rugged gear is a must. When the rugged gear is quality and affordable, it is even better. The Argus Bean Rugged Camera fits the criteria of both quality and rugged, and better yet, it is affordable.
The Argus Bean Rugged Camera comes in both a 5MP and 3MP version, and while...
Confessions of a Startup Addict
in BootStrapMe, on March 11, 2009
Ivan Widjaya over at Noobpreneur had a cute piece Monday. He confesses that he's addicted to starting new businesses.
Ivan looks at the symptoms of his addiction (with an eye toward helping to decide if you share his problem). Then he looks at himself as a case study. I started dozens of busi...
Instant Power or Instant Disaster
in Eagle Par Birdie, on March 5, 2009
...o show that.
Bonar maintains this one move can add 30 yards to your drives. But more than that, he argues, you don't need to worry about a weight shift or driving with the lower body - it's a...
The Bootstrapper's Fable: Is a VC Hunting You?
in BootStrapMe, on February 28, 2009
Scott Dig , a bootstrapper himself, had an instructive little fable for the bootstrappers of the world earlier this month. I won't retell it in its entirety, but the moral is that we often lose sight of our most valuable assets.
Scott's message is simple: as a Bootstrapper, your most valua...
Tour Gets Burned Again
in Eagle Par Birdie, on February 24, 2009
... a body of study called Socionomics , the brainchild of Robert Prechter (Elliott Wave Theory) that argues it is social mood that determines market direction and ultimately economic direction.
In eup...
Due Diligence Comes in Flavors
in BootStrapMe, on February 16, 2009
Sometimes it's easy to forget that there's more than one type of due diligence. At the start-up stage, remembering to do both legal due diligence and business due diligence is critical.
Scott Dig posted a good description of the two type of due diligence earlier this month. He's ...
Seth Godin on Succeeding in a Down Market
in BootStrapMe, on February 9, 2009
Mashable's Andrew Warner recently interviewed marketing guru Seth Godin and talked about how to succeed in a down market.
Seth's advice is especially powerful for bootstrappers in this economy. And it's also encouraging. Among his tips for start-up businesses in this economy: Recogni...
20 Bootstrapping Tips
in BootStrapMe, on February 4, 2009
Evan Carmichael has a good piece today that looks at ways you can bootstrap. What it amounts to is 20 tips for succeeding as a bootstrapper.
The tips are basic: Hire people on a part time basis
Automate wherever possible
Don't quit your day job (and we've said that before)
Form ...
Perry Wins Packed FBR
in Eagle Par Birdie, on February 2, 2009
...glow.
He thinks other tournaments need to copy the FBR's methods for packing in the fans. He argues the FBR is the antidote to the "financial downturn".
I'm afraid Mr. Sobel has ...
Building a Start Up from Scratch
in BootStrapMe, on January 21, 2009
Evan Carmichael over at the Young Entrepreneur blog has a nice basic step-by-step on how to start out with nothing and build yourself a start up business. Here are the steps that I took. This process helped me build my business with $0 in startup capital. Hopefully you can learn from my experien...
Why Obama should take up cricket
in Sox First, on January 15, 2009
...el Fullilove at the Financial Times . As a cricket tragic, I agree with him totally. Fullilove argues that Obama should ditch baseball and turn to cricket, a far more complex game and one that of...
Unemployment Benefits? One of the Risks of Going it Alone...
in BootStrapMe, on January 15, 2009
National Public Radio had an interesting story yesterday that highlighted the plight of many people involved in entrepreneurship and home-based business. If their business fails, they are just as unemployed as a laid off autoworker. But they are not eligible for unemployment benefits. Most people ...
A treaty for the Arctic?
in Sox First, on January 13, 2009
...on dioxide. Donald Rothwell, a legal professor from the Australian National University in Canberra argues in his paper T he Arctic in International Law: Time for a New Regime? that's it's ti...
The Place of Loyalty in Your New Company's Values
in BootStrapMe, on January 12, 2009
Jack and Suzy Welch over at BusinessWeek had a good article a few days ago on the role of loyalty in corporate culture - especially in hard times. I thought it was useful to consider in the context of building a new business.
Your business is off the ground and you've hired a few people. The...
Corporate ethics and law
in Sox First, on January 9, 2009
...orate is inconsistent with the ethical norm of taking responsibility for one's own actions. He argues that this means changing the law and rules of governance where companies would be required to...
Innovation in the downturn
in Sox First, on January 7, 2009
...us innovation. "Times of economic contraction create dislocation in free markets," Stibel argues. "Smart entrepreneurs recognize this market opportunity and create "engines of chan...
Are we all Keynesians now?
in Sox First, on December 30, 2008
...timulated consumer activity and restored business confidence. Martin Wolf in the Financial Times argues we are all Keynesians now. Wolf writes: "Keynes's genius - a very English one - was...
Fear Not! In a Recession, Fear Will Kill Your Business...
in BootStrapMe, on December 25, 2008
Brian Solis over at TechCrunch had an excellent piece early this week on the negativity and fear that comes with a recession. While bootstrappers are probably a little less prone to fear and panic than most other business people, Brian 's advice is still timely.
A tidbit from the piece: S...
What is a Bootstrapper?
in BootStrapMe, on December 24, 2008
...Dave Cheong had an interesting piece this week on bootstrapping. It was a nice, simple review of the concept.
"A bootstrapper is someone who uses his own time, money and resources to get a bus...
Are You Successful...?
in BootStrapMe, on December 12, 2008
Dan Schawbel over at Personal Branding Blog has an insightful interview online at the moment Romanus Wolter , "the Kick Start Guy." And Wolter makes what I think is a very important point for today's world: you don't get to define success all by yourself.
"A person is su...
Cash Flow: Solving the Problem of How to Get it Started
in BootStrapMe, on December 3, 2008
I saw a post last month that I like by Yaro Starak over at Entrepreneurs-Journey.Com about getting your cash flow started.
Lack of cash flow when you first get started in a business can be a major obstacle. Often the solution is a catch-22: you get a second job to bring in money for the start-up ...
The Subprime Solution - Robert Shiller
in Sox First, on December 1, 2008
...prime Solution which offers plenty of food for thought. Provocative and unsettling stuff. Shiller argues that the the impact of the US housing bust could last for years. "It is impossible to pr...
Free Guide to Social Media for Small Business
in BootStrapMe, on November 25, 2008
A Facebook friend of mine, Anita Campbell, pointed me toward a new free guide to social media for Small Business . The book is "Let's Talk: Social Media for Small Business," by John Jantsch of Duct Tape Marketing. I just finished reading it and recommend you check it out. The guid...
Fung Asks B.C. Supreme Court to Rule on isoHunt
in P2P File Sharing, on November 6, 2008
... is in violation of Canada's Copyright Act .
"The 25-year-old native of Richmond, B.C., argues that he is merely an indexer, similar to a search engine such as those operated by Google In...
The Boring Game
in Eagle Par Birdie, on October 21, 2008
...n newspaper. His latest lament is over how boring professional golf has become. Week after week, he argues, we are subjected to the same kind of tournaments with the same kinds of shots being hit and ...
What others have to say about Shawn Hessinger and BootStrapMe.com
in BootStrapMe, on October 20, 2008
... blog topic for me. As founder of PostRanger.com , an interactive blogging network, I share my own bootstrapping struggles with readers regularly and with them seek solutions.
Here's what others...
Yahoo back on the menu for Microsoft?
in The CIO Weblog, on October 16, 2008
...onetheless a better picture of the ultimate goals of the business. If Ballmer is interested, Romano argues, then Microsoft is interested, or his effectiveness as CEO with genuine leadership and vision...
Bootstrapping key in tough economic times
in BootStrapMe, on October 13, 2008
... thrive in an uncertain economy because they:
• Do more with less. Since the very definition of bootstrapping is getting along without outside investment this implies a startup and growth without lo...
Tips for the serious bootstrapper
in BootStrapMe, on October 11, 2008
...s you'd like to do from day one in your business.) This presupposes, of course, that you're bootstrapping for the long haul not just long enough to get backing.
Remember, whether you eventua...
Help me make this blog even better
in BootStrapMe, on October 8, 2008
...pers .
And, of course, I'll be providing more tips as well...and more tales of my own ongoing bootstrapping efforts .
But if you have any ideas about other things that could be added to make th...
Diabetes May Be Reversed From The Fat Cells
in Daily Diabetic, on October 8, 2008
...s. The treatment killed these cells within hours, and insulin resistance simply reversed itself. It argues strongly that macrophages are causative for the inflammation that leads to diabetes [in those...
Bootstrapping my blog network
in BootStrapMe, on October 7, 2008
...o link to my network by simply telling me you're a BootStrapMe reader.
You can also follow the bootstrapping of this interactive blogging network at ZooQ . If you would like to be added as one o...
Make me an offer!
in BootStrapMe, on October 6, 2008
I'm setting pricing for my latest bootstrapped venture and could use your help.
PostRanger.com , the interactive blog network, is up and running and, as you've probably noticed, some guest posting is already going on, mainly for noncommercial purposes with a link back to a writer'...
Hunger gives bootstrappers their edge
in BootStrapMe, on October 4, 2008
Photo courtesy of iStockphoto , Skip ODonnell
( Editor's Note: Entrepreneur Cristian Dorobantescue interviews mike Michalowicz about the ultimate bootstrapper advantage. )
I've recently had the chance of interviewing Mike Michalowicz , serial entrepreneur and author of the book...
Top 10 links on BootStrapMe.com
in BootStrapMe, on October 4, 2008
...sted in the Yahoo! Group at the end of September .)
1. Our main url as might be expected
2. Bootstrapping brings competitive advantage , a post from December 2007
3. 10 reasons for a bare b...
"Bailout" news may not be good for bootstrappers
in BootStrapMe, on October 2, 2008
... doubts that a credit crunch really represents the end of the world for small business, especially bootstrapping entrepreneurs .
Is there anyone else out there who finds it difficult to swallow that...
Join ZooQ and help bootstrap my business
in BootStrapMe, on October 1, 2008
... the tools available through ZooQ , the new problem solving application with implications for the bootstrapping entrepreneur , I've decided to try it myself.
Co-founder Edward A. Ipser, Jr. has...
Founder: ZooQ is for bootstrappers
in BootStrapMe, on September 30, 2008
...lection of tools offered by the site have passed the Beta stage, ZooQ will remain accessible to the bootstrapping community:
The business model is, essentially, to provide value across the entire sc...
Bootstrapping your group or challenge with ZooQ
in BootStrapMe, on September 30, 2008
Photo courtesy of iStockphoto , Alistair Scott
CONTINUED FROM PREVIOUS POST
Use these simple tools to bootstrap your group or advisory board with ZooQ :
• Set a challenge. Define the challenge, the problem you need to solve. Decide who you want to help you solve it. (Open it to ev...
ZooQ gives bootstrappers company building tool
in BootStrapMe, on September 29, 2008
Photo courtesy of iStockphoto , christine balderas
Many of you know that in addition to editing this site, I am also the founder of an interactive blog network called PostRanger.com .
Now established as a site featuring posted links to blogs and other on line resources on a variety of subjects...
Forget the credit crunch: bootstrap your business
in BootStrapMe, on September 27, 2008
...cash flow and forget about needing money (or credit) to get started.
Here's more on bootstrapping and its virtues . Please consider joining our Yahoo! and MySpace groups to network with like...
Scratch and Sniff DVD's Seem Scents-less
in The Gadgets Weblog, on September 24, 2008
...inted labels that will allow an end user to smell what you have put on the disk.
The Digital Card argues that "Multi-Sensory marketing has been deemed one of the most effective marketing types a...
Reader's pick for bootstrapper principles
in BootStrapMe, on September 23, 2008
... © a2gemma
We've laid out a couple of what I consider to be among the most important bootstrapping principles over the last few days: Here they are .
But I want to keep this site as inte...
Bootstrapping principle #3: Freelance over full-time
in BootStrapMe, on September 22, 2008
...tstrappers too. Freelancing or subcontracting are among the easiest ways to start a fledgling bootstrapping business. They should understand the challenges you face and work harder to control costs f...
Bootstrapping principle #2: Partnerships over pay-out
in BootStrapMe, on September 21, 2008
... © Mel B.
Next in our series of top bootstrapping principles , we look at how partnerships triumph over pay-out or how sometimes teaming with others can help cut the costs of startup.
If you nee...
Bootstrapping principle #1: Cash flow over capital
in BootStrapMe, on September 20, 2008
...h flow edges out capital for startup because:
• The business must be operating to generate it. Bootstrapping guru Greg Gianforte explains in his " Bootstrapping your business " how bootstr...
Swerving off the bootstrapping trail...or am I?
in BootStrapMe, on September 18, 2008
...ld not be money. Portions of the company's cash flow would be reinvested for growth using basic bootstrapping principles.
The objective would be additional time gained by the entrepreneur to work...
Bootstrap building blocks: From part-time startup to full-time business
in BootStrapMe, on September 15, 2008
... " From Side Product to Startup " conference in Portland, OR, deal with the importance of bootstrapping in these early stages. Specifically:
• Bootstrap if you want to maintain control. Ta...
My bootstrapping tools
in BootStrapMe, on September 14, 2008
... © quapan
Thought I'd take a moment this post to mention some key bootstrapping tools online.
Many regular readers know that in addition to editing this blog including tips, resources, int...
Ask Google for bootstrap news
in BootStrapMe, on September 13, 2008
... in the know not only about each new post here at BootStrapMe.com , but also on any information on bootstrapping anywhere across the world.
Here's how to get started:
• Go to the Google Alert...
So what's the definition of bootstrapping again?
in BootStrapMe, on September 11, 2008
...t taking venture or angel , and assume that it means you're investing your own money. To me bootstrapping a business means that the business funds itself by making money from day one.
Cooperm...
Bootstrapping and presidential politics
in BootStrapMe, on September 9, 2008
© zenobia_joy
With both major party presidential conventions behind us, it seems the coming general election holds little promise for bootstrappers here in the U.S. (See the video from JibJab below).
However, as suggested in an earlier post on this blog , there may be at least one third...
BootStrapMe readers: Join my Linkedin network
in BootStrapMe, on September 6, 2008
...e rest.
As mentioned in a previous post , networking can be among the most important parts of the bootstrapping process allowing fellow entrepreneurs to share ideas and resources.
Connect with read...





