At a Lean Culture Meetup in Palo Alto, serial entrepreneur Ed Ipser shared what it takes to build a successful startup. Everyone left with different answers, but here are three things this author learned: 1) Innovation is hard Irritatingly, everything a young startup needs to do to be efficient is directly opposed to what it
Recently, we had an interesting Bootstrappers Breakfast about money saving tips and expense tracking. Tri Hoang, President at Alpha B Group, kicked off the discussion by sharing her "A Penny Saved is a Penny Earned:Expense Tracking Resources". A couple of key resources she sees used by many of her clients are: Expensify for expense reports
Thanks to all the bootstrappers that made it out and to Chris Moultrup and Mid Michigan Innovation Center for hosting! A quick wrap up of today's breakfast A young developer is looking to start working on his own project. We say go for it! The world really needs more talented developers building the next new
When asked "What is one thing you took away from today's meeting?" Here what members shared... Great format and information. Very helpful, encouraging and stimulating. I particularly appreciated our speaker's perspective on the entrepreneurial advantages in the U.S. that most of us take for granted. Using best practices from my top sales people might be
Even though it was 15 below the morning of our January meeting, we still had a pretty good turn out at the Minneapolis Bootstrapper Breakfast. Here are a couple of things we talked about: We had a guest speaker, Chad Halvorson, CEO of thisClicks. Chad talked about how he built his business and some of
Here are a few take-aways from our breakfast Naming your company: Being aware of having a broad company name with specific product names, or, choosing to have a company name that explains the product. Doing one is essential so the consumer understands what you are selling. Action words, words with emotional value, common words tied
One quick tip shared at the recent Chicago Bootstrappers Breakfast First step: If you've got a good product, even if it has potentially universal utility to all demographics, you need to start marketing/targeting ONE particular demographic first.
The San Francisco group listed a few reasons, they were in a startup: Control Money Build something you owe Independence Flexibility Change the world Build things Impact lives Nature Creative expression Fun Lifestyle Add your reason ....
Here are some highlights from the meeting. - As you're developing your business, if your technological capabilities aren't fully developed yet, Focus on great customer service ("Get them a pizza"). Be attentive, spend face-to-face time with them. Do the technical stuff yourself (you or someone in your company). Good customer service and "faking it" operations-wise
Notes from our April San Francisco Bootstrappers Breakfast How to manage advisers: Spell out exactly what you are looking for in an Advisory Board Have a meeting with them monthly or quarterly to have constant communication with them Have them all together face to face or phone to hear a difference of option and understand