The Art of Bootstrappingor how to launch projects without external resources

Carlos Hernández@polimorfico

quaderno.io

How much money do you need to open…

[The] probability of an entrepreneur getting venture capital is the same as getting struck by lightning while standing at the bottom of a swimming pool on a sunny day. This may be too optimistic."

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GUY KAWASAKI, FORMER CHIEF EVANGELIST OF APPLE.

Bootstrapping

Avoiding using the financial resources of external investors to start a business.”

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WIKIPEDIA

Types of Financial Bootstrapping• Owner financing • Sweat equity • Minimization of the accounts payable • Joint utilization • Delaying payment • Minimizing inventory • Subsidy finance • Customers

Shut Up and

Sell Something

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Nothing happens until someone sells something.”

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JIM BARKSDALE, FORMER CEO OF NETSCAPE

7 Principles for Bootstrapping

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Create a great product and sell like there’s no tomorrow

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Thanks!@polimorfico

• United States Marine Corps Official Page (www.flickr.com/photos/marine_corps) • Henrico Prins (www.flickr.com/photos/nzrico) • Historias Visuales (www.flickr.com/photos/jalevega) • Anssi Koskinen (www.flickr.com/photos/ansik) • Javan Makhmali (www.flickr.com/photos/javan) • woodleywonderworks (www.flickr.com/photos/wwworks) • bonjerdo (www.flickr.com/photos/bonjerdo) • Carl Jones (www.flickr.com/photos/_belial) • John O'Sullivan (www.flickr.com/photos/97373666@N00)

Photo Credits