Posts Categorized: Money

Why not the best ?

(adorable! but not my actual house) It’s that time of year again! As in, the time of year is nearly gone. Tradition dictates that it’s time for folks like me to start sending out year-end reviews, top lists, resolutions, goals, blah blah blahhhhhhh blah. Don’t get me wrong, I like reading other people’s, but me?… Read more »

Be Your Own Angel – a revenue model for slow startups

Yes, recurring revenue grows sloooooowly. How do you, founder of a baby bootstrapping biz, survive the lean year or two before it can pay all your bills? Well, I have a strategy. I call it Be Your Own Angel. Last week, I gave a talk about it — in greater detail than ever before! —… Read more »

Startup Winter is Coming

Do you remember the mortgage crisis? In case you didn’t hear about it — or don’t remember the details — it worked something like this: Banks figured out a new way to profit from mortgage loans, even if the loans never got paid back… …which led them to loan money to people who’d never be… Read more »

Help! My SaaS isn’t growing! +60% revenue, 1 year later…

Just about a year ago, I wrote that Freckle had hit the Plateau of Doom. We were dead in the water at $28,000 a month. We’d grow a little… then shrink a little, grow a little, shrink a little… for months at a time. Why? y=mx+b. Growth (new accounts) is pretty much linear, a reliable… Read more »

Validation is backwards

If Startuplandia had a bible, you might guess it was The Lean Startup. And credit to Eric Ries where credit is due – he’s managed to get the masses hooked on his book’s hopeful vocabulary: Validation, Pivots, and Minimum Viable Products, oh my. Really, Eric’s reach is tremendous: I remember when a close friend of… Read more »

4 economic facts that say “bootstrap now”

Fact: Since 1970, virtually every penny gained through productivity has ended up in the pockets of capital, rather than labor: — New York Times Fact: While profits are up 44.7%, incomes are up only 3.9% since 2007. — New York Times Fact: Tech workers are not immune. Over 1 million tech & creative workers have… Read more »

Why you have to develop an Investment Mindset

Nobody wants to fail. Not really. Sure, failure is better than not trying at all… but success is better than failure. After 4 years of teaching designers & developers to make their first product dollar, Alex and I have seen every kind of failure, from failure to start at all, to failure to pull the… Read more »