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.
Past articles
Sweat equity – what’s it worth?
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
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?