Tag Archives: founders

10 basic tips for better bootstrapping

bootstrapping-startups-how-to-web

If you just started up your business and have no initial funding other than your and your partners’ sweat equity and some investment from your family or friends, then you’re probably trying to build a business that pays for itself every day. You’re practically bootstrapping – starting up on a shoestring. In order to help you we’ve gathered a few expert advice from other successful entrepreneurs and have come up with a list of the most important 10 that we hope will prove useful for you.

Business partnerships – 10 tips for a match made in heaven

business-partnerships-co-founders

Two heads are generally better than one. And three heads seems like an even better idea. Not to mention 4 or 5. When it comes to startups, partnering with another business/technology enthusiast such as yourself might seem like a must-do. However, a wrong decision in this department could cost you your start-up.

If we look on the bright side, business partnerships mean burden sharing, mutual support, companionship and problem sharing. It is something like a mix between a shoulder to cry on when things go wrong and someone to hug when things go right. On the dark side, it also means less autonomy, not being able to do what you want all the time, slower decision making and often fights about everything.

10 books for online entrepreneurs

founders-at-work

Entrepreneurs are all about experimenting, trying out crazy new things and learning from experience rather than from theory. Just like Oscar Wilde said “Experience is the name we give to our mistakes“. Nevertheless, it can sometimes be a good idea to learn from others’ mistakes as well. And what better idea than reading books sharing experiences of successful or less successful entrepreneurs?

Sweat equity – what’s it worth?

sweat-equity-startup

As an entrepreneur or a wanna-be founder you probably know that one of the main challenges you will need to face in the early stages is how to allocate equity between co-founders and their very different types of contributions. A difficult task, indeed, but obviously not an impossible one.

Sink or swim? 5 men in a start-up boat

team-building-cto-ceo

Those of you who have ever taken part in or ever considered taking part in a Seecamp or MiniSeedcamp competition have probably noticed that the organisers advise to have at least 3 and no more than 5 members in the team. Where does this magic number come from? Is 5 a meaningful number in a start-up?