Today I decided to create a presentation. It’s risk-mitigating, effective strategy for entrepreneurs, called “The Diversified Bootstrapper.” I’ve seen it work with a couple portfolio companies, as well as myself.
Enjoy:
The Diversified Bootstrapper: How To Stay Alive In Tough Economic Times
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good deck… 2009 will require far more bootstrapping and far more diversification… an additional benefit/approach to bootstrapping is to find consulting gigs that are in the area of interest of your startup… its a great way to keep all efforts focused on one major goal/area…
Great presentation! As a startup bootstrapper, I’ve seen and recently experienced the roller coaster that is underdiversification. A full-time job often prevents adequate diversification IF you don’t plan well, i.e. find new income streams while you’re still floating in others. I’ve struggled, but I’m doing a better job at planning and enjoying fewer valleys and more, if not higher, peaks.
I’m going to take a look at a couple of the project management tools that I wasn’t familiar with.
Thanks again
Alan
@gammill I agree. 2009 will be an essential bootstrap year.
@Alan Not a problem. Glad you liked it. Be sure to let us know what’s worked for you, and any new insights you come across.
Great presentation. That’s exactly the approach we’re taking with our small company Delta Beans. Each project in our portfolio is staggered so they’re at different points in their lifecycle at any given time. Makes for an interesting work day
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