The logical thing to do when a company wants to generate the most revenue from its resources, is to put its most experienced leaders in charge of those resources. Continue reading… “More experience equals worse bootstrapping”
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Top 10 mind-boggling paradoxes
Fletcher’s paradox
A statement or problem that either appears to produce two entirely contradictory (yet possible) outcomes, or provides proof for something that goes against what we intuitively expect is called a paradox. Paradoxes have been a central part of philosophical thinking for centuries, and are always ready to challenge our interpretation of otherwise simple situations, turning what we might think to be true on its head and presenting us with provably plausible situations that are in fact just as provably impossible. Confused? You should be.
Continue reading… “Top 10 mind-boggling paradoxes”
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How to make a five-figure income off of bootstrapped products
Brennan Dunn’s product revenue growth chart.
The natural course for most startups is to raise money. Investments give a necessary runway of capital that will allow you to survive as you develop and attempt to sell your product.
Continue reading… “How to make a five-figure income off of bootstrapped products”
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The Five Tenets of Bootstrap-Management
You are securely belted into the driver’s seat of your new startup and you are about to smash down on the gas pedal to get it launched. You have gone through the steps all startup leaders take in those first few months, and then you realize that there is no road ahead. You smile as you come to grips with the fact that you are indeed blazing a new trail.
Such is the life of a boot-strapping entrepreneur. The rule books are few and those that exist will likely to be read and then tossed aside. You are involved in something new, something important, something that may make you happy, and maybe even rich! Your focus needs to be precise, your vision intact, and each day you should wake with a teeth-gritting smile that says, “I know you think I’m crazy, but I know what I’m doing!”
Continue reading… “The Five Tenets of Bootstrap-Management”
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