Bootstrapping
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The document provides contact information for Alexander Muse, co-founder of SpringStage Inc., and lists 12 steps for bootstrapping a startup. The steps include focusing on cash flow over profitability, forecasting from the bottom up, shipping and then testing products, understaffing, and positioning against industry leaders. The list of steps is attributed to having been stolen from Guy Kawasaki. Good luck is wished at the conclusion.
Bootstrapping
- 1. Alexander Muse Co-Founder, SpringStage Inc. amuse@biggu.com 1+214.550.2003 Website: http://biggu.com Blog: http://texasstartupblog.com Twitter: http://twitter.com/amuse Bootstrapping
- 2. Step One: Steal* * This presentation 100% stolen from Guy Kawasaki
- 3. Step Two: Focus on cash flow, not profitability.
- 4. Step Three: Forecast from the bottom up.
- 5. Step Four: Ship, then test.
- 6. Step Five: Forget the proven team.
- 7. Step Six: Start as a service business.
- 8. Step Seven: Focus on function, not form.
- 9. Step Eight: Pick your battles.
- 12. Step Eleven: Position against the leader.
- 13. Step Twelve: Take the red pill.
- 14. Alexander Muse Co-Founder, SpringStage Inc. amuse@biggu.com 1+214.550.2003 Website: http://biggu.com Blog: http://texasstartupblog.com Twitter: http://twitter.com/amuse Good luck!