Shoestring Venture: The Startup Bible
Steve Monas, Richard Hooker
Format: PDF / Kindle (mobi) / ePub
A Consultant in a Book
For the millions who start a new business every year on the barest of resources, Shoestring Venture: The Startup Bible is like hiring a high-level consultant to deal with the bewildering maze of issues from finance to marketing to technology that all entrepreneurs face.
Every business is nothing but a series of decisions which can make or break the business. You could say that, if there's a science of business, it's the science of making good decisions. And every bootstrap entrepreneur faces the daunting task of making ALL the business decisions, any one of which could either doom the enterprise or catapult it to stratospheric success. That meas that every entrepreneur has to quickly get up to speed on every issue their business faces.
Shoestring Venture: The Startup Bible is the most exhaustive set of practical resources collected to empower entrepreneurs to make the right decisions on a limited budget, from business concept to product development to Web marketing. We call a "consultant in a book," there to give considered and experienced answers to the infinite questions that come up.
Shoestring Venture-The Start-up Bible
All entrepreneurs - even the smallest operating on the tightest of budgets - have the opportunity to build powerful start-up organizations without ever really having to walk out the front door. Using global communications and data networks, even bootstrap entrepreneurs can staff an entire organization with every human resource and skill they need at rock-bottom prices.
It's the magic of outsourcing. For, you see, globalization ain't just for the big kids. We often hear about how globalization exports jobs overseas, but we rarely hear about the opportunities globalization creates for even the smallest of businesses, opportunities that allow even tiny businesses to compete with the majors on a global scale. In short, anyone can run a virtual organization using only a desktop or laptop computer.
Shoestring Venture: The Startup Bible gives bootstrap entrepreneurs all the resources they need to build truly effective startups using the magic of outsourcing and off-shoring.
month after month, and yearafter year; if youwant to stay in business, youhave to make sure that more cash flows in to your businessthan out. • Whether you're profiting or losing from running your business. • What you need to buy (assets) and what you need to spend (expenses). • What investors or lenders should reasonably expect by allowing you to use their money. • What you should do with your profits—give them to yourself, bank them, spend them on your business, invest them, or start
investor and securing funding • Loansfor Starting Up a Business—a highly useful article about a variety of traditional and non-traditional loan sources. • Small Business Grants—how to acquire grantfinancing. • Ways to Raise Capital—A particularly valuable article that teaches you the various stages of financing your business through investors, loans, and grants. 56 CHAPTER 2 FINANCE, TAXES, AND BANKING • Business Valuation Methods—normally something that the MBAs do, it behooves you
consulting. Like eLoops below, Basecamp is a stripped-down project management system without all the fancy scheduling, estimating, risk management, and tracking tools that you get with more full-bodied project management systems. While some power project management types are going tomiss all that stuff, thebasic simplicity of Basecamp and its ease-of-adoption for all possible users more than make up for the scaled-back project management toolbox. In fact, one of the authors is a power project
cell phones. WLM is also compatible with Yahoo! Messengerfor sending voice messages. In terms of outsourcing, we have never been required to use MSN in any ofour offshore relationships, so it is definitely a distant third interms of planning your offshoring or outsourcing business model. 3.14 151 Instant Messaging 3.14.4. Jabber http://www.jabber. org The self-styled "Linux of instant messaging," Jabber uses XML (a markup language that classifies data into logical groups) as the basis of
four email accounts for simultaneous message or fax distribution. If you're not into listening to voice messages on your computer, you have the option of listening to voice mails over the phone. You cansendfaxes from a Web interface or youremail account. Innoport uses common file formats, such as Word documents, PDF, and TIFFs. In fact, you can send one fax from several file formats—you can have a Word document as pages one tothree, a TIFF file as page four, anda PDF as pages five toseven, and