How I bootstrapped my first venture!!!
This is how I bootstrapped my first venture which was started during the starting days of Dotcom bubble.
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- Shared office space from a Gingelly oil company where they gave us 100 sq ft space, 5 systems, internet connection and a telephone line for $200 a month.
- Provided out of our business model services which helped us sustain till we got a groove into our core business. Services we offered were;
- Linux installation
- System Assembling & Trouble shooting
- Java Training
- Offering real time projects for college students
- Sub sourcing resumes to manpower companies
Since we were out of college we had big network of friends who were college pass outs or students which helped in spreading our services and we got decent response to recover our monthly expense.
- Since it was recession there was acute shortage of jobs. We offered jobs for deposit and we got tremendous response for this. We made $2000 from two people which were our six months liquidity with which we stopped all non core activities and concentrated on core business.
- Apart from those two paid resource. We hired talented people who joined us for no pay. This changed our fortunes.
Having generated 6 months cash flow and a team of talented people we were able to win projects with the HELP of Search Engine Optimization (SEO) and market places like scriptlance.com and elance.com.
![]() | My issue with grids/bootstrapping is that I don't like storing grid info/column size in my view. Sat, 11 Feb 2012 18:13:50 +0000 |
@hawaiicharity OMG we are moving along - looking epic, but still trying to sort our backend. Hard when bootstrapping! But we're closer 2beta Sat, 11 Feb 2012 17:49:39 +0000 |
![]() | hah - nice! http://t.co/aue6W99Y RT @dukelong: http://t.co/74QWRzVA taking over the world #cre Sat, 11 Feb 2012 17:46:42 +0000 |
![]() | RT @AfterWorkHours: Launch a Business on the Cheap: 3 Tips http://t.co/42IgAQ2t Sat, 11 Feb 2012 17:33:51 +0000 |
![]() | VOTE thumbs up please!! Bootstrapping Passionate Teams | SessionCast http://t.co/wn2TOTFD #SessionCast via @thetechweek Sat, 11 Feb 2012 17:08:01 +0000 |
![]() | <A great framework> Bootstrapping Humanity's Next OS. http://t.co/MineBe8x #assnchat Sat, 11 Feb 2012 16:58:00 +0000 |
![]() | RT @seclectech: http://t.co/7PhiZUMJ Blogged: Bootstrapping #lxc on #ec2 with #python Boto, Paramiko, and #chef Sat, 11 Feb 2012 16:56:00 +0000 |
Let me rephrase that; would you be interested in a mini conference about bootstrapping your business featuring speakers who done so? Sat, 11 Feb 2012 16:45:40 +0000 |
![]() | @GRIMACHU Correct, but we were discussing abiogenesis when you changed the subject to 'evolutionary bootstrapping.' I figured you gave up. Sat, 11 Feb 2012 16:39:04 +0000 |
![]() | Launch a Business on the Cheap: 3 Tips http://t.co/CZtA0tjn via @Inc Sat, 11 Feb 2012 16:17:23 +0000 |
![]() | Launch a Business on the Cheap: 3 Tips http://t.co/42IgAQ2t Sat, 11 Feb 2012 16:16:03 +0000 |
![]() | Launch a Business on the Cheap: 3 Tips http://t.co/QeBFiNyQ Sat, 11 Feb 2012 16:11:29 +0000 |
![]() | @vwduder bootstrapping works great- until you run out of your first few million. Its the startups funded by 200+ angels that don't work Sat, 11 Feb 2012 15:41:00 +0000 |
![]() | Launch a Business on the Cheap: 3 Tips http://t.co/hP1QpX9o Sat, 11 Feb 2012 15:29:24 +0000 |
Blogs
Bootstrapping Humanity's Next OS « emergent by designAs George Pór points out, there are a zillion nodes busy federating and bootstrapping, among them the Management Innovation Exchange Venessa already listed here under her Resources. A posting on the MIX: Announcing ...
5 Steps To Bootstrapping Your PR Efforts | SEOmozBootstrapping. I've written in the past about how to bootstrap your PR efforts, but never really dug into the nitty gritty. It's a time intensive process, but if you're up for the challenge, getting coverage in some of the top outlets in ...
Last Resort: New TV Drama About Bootstrapping Sovereignty « Let ...Last Resort: New TV Drama About Bootstrapping Sovereignty. February 10, 2012. by Mike Gibson · Heh: The ABC drama is about a renegade crew of a nuclear submarine who go on the run after defying an order given under suspicious ...
Bootstrapping FTW!Bootstrapping FTW! by Fig on February 7, 2012. “On a blog I go on, I notice a lot of people complaining that what they have isn't enough. A woman making nearly five times what I do whined that it wasn't enough and if only she had a little more.
5 Steps To Bootstrapping Your PR Efforts | SEOmozBootstrapping. I've written in the past about how to bootstrap your PR efforts, but never really dug into the nitty gritty. It's a time intensive process, but if you're up for the challenge, getting coverage in some of the top outlets in ...
Last Resort: New TV Drama About Bootstrapping Sovereignty « Let ...Last Resort: New TV Drama About Bootstrapping Sovereignty. February 10, 2012. by Mike Gibson · Heh: The ABC drama is about a renegade crew of a nuclear submarine who go on the run after defying an order given under suspicious ...
Bootstrapping FTW!Bootstrapping FTW! by Fig on February 7, 2012. “On a blog I go on, I notice a lot of people complaining that what they have isn't enough. A woman making nearly five times what I do whined that it wasn't enough and if only she had a little more.
| Arif Hossain |
Andy Saia![]() bootstrapping 's video linkAn adventure game from Tim Schafer, Double Fine, and YOU! |
| R Benson Evans www.businessinsider.com bootstrapping 's link The crowd-funding site seems to be going from strength to strength. |
| Sage Simply Accounting www.inc.com bootstrapping 's link Your task: Build something people want, minimize your risk, and maximize your chances for survival. Here's how. |
| Susan Wilkinson |
| Caleb Udofia |
| Anardo Cuello |
| Abhishek Cherian George |
| Aaron Muir Hamilton |
| Namita Anand docs.google.com bootstrapping 's link |
| Reid Booth |
| Lorena Susanna Borgonovo |
| Oren Montano www.washingtonpost.com bootstrapping 's link On the eve of the 203rd anniversary of Charles Darwin’s birthday, lawmakers in at least four states are taking steps to hinder the teaching of evolution in public schools, while other bills would do the same without naming evolution outright. |
| Cory Sturgis www.adsforyourwebs.com bootstrapping 's link |
| George Alexandrov sessioncast.techweek.com bootstrapping 's link Entrepreneurs always talk about boostrapping financially. But how do startups bootstrap the human capital when they are first starting off? |
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Very interesting and encouraging, Anand !!
Hey:
That’s a good bit of strategy and applied intelligence
We tried similar to that in our FST days like designing a website for movie, get movie poster design orders etc., but with little success.
Good that you are able to extract cash flow out of this and reached where you are now
Regards,
Swami K