Archive for May 2009

The A-Team: Ultimate Bootstrap Entrepreneurs!

There are many similarities between the A-Team and a new start-up.

Your personal expenses relate to your business expenses

As a start-up entrepreneur you should look at you own personal lifestyle and expenses. You don’t have a regular income as a start-up entrepreneur as you do when in full-time employment. Therefore, it’s always a good idea to look at how you spend money in your private life.

The Traction Ladder: It’s The Most Important Thing for Start-Ups

In order to get investment, make sales and eventually generate profits entrepreneurs must climb the traction ladder. The traction ladder must be climbed one rung at a time. It’s a hard climb that requires super human stamina and determination. But the crock of the gold at the top is worth it. That crock of gold is profits.

The “Truth Behind Business Plans” it’s different to what they teach in business school.

Many start-up entrepreneurs believe that the first thing that they should do when starting a business is writing a business plan. This video argues otherwise.