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Smart Entrepreneurs Build Startups Without Investors

Startup Professionals Musings

In my experience as an advisor to aspiring entrepreneurs, I often encounter the myth that an initial startup requires investors. The media tends to highlight experienced entrepreneurs who succeed with early new venture funding, like Uber’s Garrett Camp , but fail to point out the more common bootstrapping successes.

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Lessons Big Companies Should Learn from Entrepreneurs

Jason Nazar

Entrepreneurs often lament big companies, but most of us hope we’ll create just that. Add in public company demands, lawsuit targets, & millions of customers to continually satisfy, and you have to have great respect for those doing it well. Decisions that take entrepreneurs an hour, often take months at large companies.

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Interview with Dan Tamkin, Unified Dispatch

socalTECH

That's the story at Altadena-based Unified Dispatch , which was recently sold to the On-Demand Division of Veolia. Back in 2003 and 2004, we were focused on the international market, and started outsourcing to India and the Philippines for call center services. The firm's CEO, Dan Tamkin , tells us the story.

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Entrepreneurs Better Enjoy Getting Their Hands Dirty

Startup Professionals Musings

Others hire consultants, or outsource much of the real work. A diligent entrepreneur should certainly work the important details for his or her startup, especially when it comes to assessing any negative fluctuations in the business. These executives won’t survive long in a startup environment. Balance the long-term with the short.

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8 Ways The Maker Movement Turns Ideas Into Businesses

Startup Professionals Musings

In case you haven’t noticed it, the rapid evolution of do-it-yourself (DIY) facilities for developers, including 3-D printers, SketchUp and makerspaces such as TechShop , have scaled down the cost of prototypes and hardware design by an order of magnitude. Meeting the new consumer demand for customization.

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9 Women Can’t Make a Baby in a Month

Both Sides of the Table

The part of the movement that resonates the most with me (in my words) is that entrepreneurs should keep their capital expenditures really low while they’re experimenting with their product and determining whether there is a large market for what they do. This benefits you, the entrepreneur. It takes options off of the table.

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7 Good Entrepreneurial Habits That Turn Bad

Startup Professionals Musings

Good entrepreneurs are all about managing change, but too many forget that they have to change themselves as their dream evolves from a startup to a scalable business. You can’t demand total loyalty from all, so you have to learn to accept criticism without being defensive. Not every entrepreneur needs to scale.