Bootstrap It Like Google
Blogging Stocks:
Back in the 1990s, Google Inc.’s cofounders — Larry Page and Sergey Brin — played to their own drummer.
Instead of taking gobs of venture capital, the dynamic duo did it on the cheap by themselves. For example, they built a sophisticated server platform using old PCs and free Linux software.
And, when cash was low, they used their trusty credit cards. You could say that Google built a business using old-fashioned bootstrapping.
Looking for some insight, tips and hints on bootstrapping, I spoke to a variety of entrepreneurs on the topic.
Anders Heie, cofounder of KaDonk:
“We found a law firm that was willing to help us out on a line of credit, to be paid back once we became profitable or raised more than $1 million. This allowed us to get incorporated, and work out several legal kinks in the startup process.
Chase Norlin, founder and CEO Pixsy:
“Find a developer and […]
Original post by Rich and software by Elliott Back