SlideShare ist ein Scribd-Unternehmen logo
1 von 24
The Art of
Bootstrapping
by
Vishal Chandra
Vīryam




                 vīryam
Bed-time Stories for
  Entrepreneurs
                       vīryam
2 guys in
a garage
with a
great



        vīryam
… get
funded
quickly …




            vīryam
… loved by customers…
have an amazing IPO !
                    vīryam
Time to
wake up to
reality


             vīryam
It’s good, but
 What do
                  it’s missing
you think of
                 something.
my business
  plan?




                           vīryam
If it just had
What’s
         more of a direct
that?
         sales model we
             would be
            interested.




                     vīryam
One WEEK later…
                     Hmm…
   We have     Looks OK, but
  beefed up     if it only had
  the direct        an OEM
    sales.          strategy.




                           vīryam
One WEEK later…
                  I don’t see
  OK, we’ve   anything about
  added an       technology
    OEM       licensing. If you
   channel    just focused on
                     that...




                           vīryam
One WEEK later…
                     You’re all over
  We’ve made         the map, and
 all the changes    your plan is very
 you suggested.       unfocussed.
 Will you invest?     We’ll have to
                         pass.



                                vīryam
It is not the
 VC’s job to
take the risk !



                  vīryam
10x




   The 10x Rule of VCs:
Thou shall focus only on that
  shall be the next Google

                             vīryam
Borrowed from
                the kitchen




    Get VC funded
Bootstrap your Startup
                         vīryam
maneuverable
small,
    is better than

bulky, too fast
 to change tracks




                        vīryam
Rules for
Bootstrapping
                vīryam
Solution
                     Operations
              IDEA


                     Business &
                     Revenue
Sales &
                      Model
Marketing
                           vīryam
Focus on function, not form

     Ship, then test
                        vīryam
Start as a service business
Forecast from the bottom up
  Focus on cash flow, not
        profitability
                            vīryam
Forget the “proven” team

       under-STAFF

Minimize your battle-fronts
                         vīryam
Position against the Leader

 GO direct to customers
                          vīryam
A
  N          C
        P   HL
W A
        P   AE
EMN
BOO T S T R A P
2   B       DNH
.   I         A
            W
0   L         R
            A
    E         M
            R
              A
            E
                 vīryam
Talk to the VCs…




…once in a while !
                     vīryam
Vīrya is a Sanskrit word
 which can be translated
  into English as “effort”,
“vigor”, “diligence”, “zeal,”
       and “energy”.

   vishal@viryam.com
    www.viryam.com



                      vīryam

Weitere ähnliche Inhalte

Ähnlich wie The Art of Bootstrapping

Landing Page Success Story: How We Increased SEOmoz's Sales by 170%
Landing Page Success Story: How We Increased SEOmoz's Sales by 170%Landing Page Success Story: How We Increased SEOmoz's Sales by 170%
Landing Page Success Story: How We Increased SEOmoz's Sales by 170%
auexpo Conference
 
Conversion Clinic: Recession Proofing Your Landing Pages
Conversion Clinic: Recession Proofing Your Landing PagesConversion Clinic: Recession Proofing Your Landing Pages
Conversion Clinic: Recession Proofing Your Landing Pages
auexpo Conference
 
Tech Ed 2009 Practical Tips To Manage Projects Productively
Tech Ed 2009   Practical Tips To Manage Projects ProductivelyTech Ed 2009   Practical Tips To Manage Projects Productively
Tech Ed 2009 Practical Tips To Manage Projects Productively
rsnarayanan
 

Ähnlich wie The Art of Bootstrapping (20)

Landing Page Success Story: How We Increased SEOmoz's Sales by 170%
Landing Page Success Story: How We Increased SEOmoz's Sales by 170%Landing Page Success Story: How We Increased SEOmoz's Sales by 170%
Landing Page Success Story: How We Increased SEOmoz's Sales by 170%
 
Modelo de slide Venn Google Template.pptx
Modelo de slide Venn Google Template.pptxModelo de slide Venn Google Template.pptx
Modelo de slide Venn Google Template.pptx
 
Conversion Clinic: Recession Proofing Your Landing Pages
Conversion Clinic: Recession Proofing Your Landing PagesConversion Clinic: Recession Proofing Your Landing Pages
Conversion Clinic: Recession Proofing Your Landing Pages
 
Bajillion Powerpoint Presentation Template
Bajillion Powerpoint Presentation TemplateBajillion Powerpoint Presentation Template
Bajillion Powerpoint Presentation Template
 
Re-introducing the MVP
Re-introducing the MVPRe-introducing the MVP
Re-introducing the MVP
 
21 Indicators You Work With a Castrated Copywriter
21 Indicators You Work With a Castrated Copywriter21 Indicators You Work With a Castrated Copywriter
21 Indicators You Work With a Castrated Copywriter
 
Jon Crawford: Entrepreneurship on Rails
Jon Crawford: Entrepreneurship on RailsJon Crawford: Entrepreneurship on Rails
Jon Crawford: Entrepreneurship on Rails
 
How to Hire a Great VP Sales '14: From NY Enterprise Tech Meet-up
How to Hire a Great VP Sales '14:  From NY Enterprise Tech Meet-upHow to Hire a Great VP Sales '14:  From NY Enterprise Tech Meet-up
How to Hire a Great VP Sales '14: From NY Enterprise Tech Meet-up
 
Getting to-the-try
Getting to-the-tryGetting to-the-try
Getting to-the-try
 
Dig Deeper And Sell Faster
Dig Deeper And Sell FasterDig Deeper And Sell Faster
Dig Deeper And Sell Faster
 
DF15 Startup Summit: Building a Killer Sales Team
DF15 Startup Summit: Building a Killer Sales TeamDF15 Startup Summit: Building a Killer Sales Team
DF15 Startup Summit: Building a Killer Sales Team
 
Growing a Business
Growing a BusinessGrowing a Business
Growing a Business
 
SaaStock 2019 - patrick campbell 16 october
SaaStock 2019 -  patrick campbell   16 octoberSaaStock 2019 -  patrick campbell   16 october
SaaStock 2019 - patrick campbell 16 october
 
Tech Ed 2009 Practical Tips To Manage Projects Productively
Tech Ed 2009   Practical Tips To Manage Projects ProductivelyTech Ed 2009   Practical Tips To Manage Projects Productively
Tech Ed 2009 Practical Tips To Manage Projects Productively
 
Top 10 Term Sheet Hacks
Top 10 Term Sheet HacksTop 10 Term Sheet Hacks
Top 10 Term Sheet Hacks
 
SMB Partner Presentation 1KEY MIS Servers
SMB Partner Presentation 1KEY MIS ServersSMB Partner Presentation 1KEY MIS Servers
SMB Partner Presentation 1KEY MIS Servers
 
Sales Hacker Conference San Francisco - Jason Lemkin - The 10 Key Revenue Mis...
Sales Hacker Conference San Francisco - Jason Lemkin - The 10 Key Revenue Mis...Sales Hacker Conference San Francisco - Jason Lemkin - The 10 Key Revenue Mis...
Sales Hacker Conference San Francisco - Jason Lemkin - The 10 Key Revenue Mis...
 
Scrum for business (seattle scrum gathering 2011)
Scrum   for business (seattle scrum gathering 2011)Scrum   for business (seattle scrum gathering 2011)
Scrum for business (seattle scrum gathering 2011)
 
Digital Marketing - The Future
Digital Marketing - The FutureDigital Marketing - The Future
Digital Marketing - The Future
 
Tempusfugit
TempusfugitTempusfugit
Tempusfugit
 

Kürzlich hochgeladen

Structuring and Writing DRL Mckinsey (1).pdf
Structuring and Writing DRL Mckinsey (1).pdfStructuring and Writing DRL Mckinsey (1).pdf
Structuring and Writing DRL Mckinsey (1).pdf
laloo_007
 
Al Mizhar Dubai Escorts +971561403006 Escorts Service In Al Mizhar
Al Mizhar Dubai Escorts +971561403006 Escorts Service In Al MizharAl Mizhar Dubai Escorts +971561403006 Escorts Service In Al Mizhar
Al Mizhar Dubai Escorts +971561403006 Escorts Service In Al Mizhar
allensay1
 
Mifepristone Available in Muscat +918761049707^^ €€ Buy Abortion Pills in Oman
Mifepristone Available in Muscat +918761049707^^ €€ Buy Abortion Pills in OmanMifepristone Available in Muscat +918761049707^^ €€ Buy Abortion Pills in Oman
Mifepristone Available in Muscat +918761049707^^ €€ Buy Abortion Pills in Oman
instagramfab782445
 
Jual Obat Aborsi ( Asli No.1 ) 085657271886 Obat Penggugur Kandungan Cytotec
Jual Obat Aborsi ( Asli No.1 ) 085657271886 Obat Penggugur Kandungan CytotecJual Obat Aborsi ( Asli No.1 ) 085657271886 Obat Penggugur Kandungan Cytotec
Jual Obat Aborsi ( Asli No.1 ) 085657271886 Obat Penggugur Kandungan Cytotec
ZurliaSoop
 

Kürzlich hochgeladen (20)

CROSS CULTURAL NEGOTIATION BY PANMISEM NS
CROSS CULTURAL NEGOTIATION BY PANMISEM NSCROSS CULTURAL NEGOTIATION BY PANMISEM NS
CROSS CULTURAL NEGOTIATION BY PANMISEM NS
 
Falcon Invoice Discounting: Empowering Your Business Growth
Falcon Invoice Discounting: Empowering Your Business GrowthFalcon Invoice Discounting: Empowering Your Business Growth
Falcon Invoice Discounting: Empowering Your Business Growth
 
Horngren’s Cost Accounting A Managerial Emphasis, Canadian 9th edition soluti...
Horngren’s Cost Accounting A Managerial Emphasis, Canadian 9th edition soluti...Horngren’s Cost Accounting A Managerial Emphasis, Canadian 9th edition soluti...
Horngren’s Cost Accounting A Managerial Emphasis, Canadian 9th edition soluti...
 
Structuring and Writing DRL Mckinsey (1).pdf
Structuring and Writing DRL Mckinsey (1).pdfStructuring and Writing DRL Mckinsey (1).pdf
Structuring and Writing DRL Mckinsey (1).pdf
 
Al Mizhar Dubai Escorts +971561403006 Escorts Service In Al Mizhar
Al Mizhar Dubai Escorts +971561403006 Escorts Service In Al MizharAl Mizhar Dubai Escorts +971561403006 Escorts Service In Al Mizhar
Al Mizhar Dubai Escorts +971561403006 Escorts Service In Al Mizhar
 
HomeRoots Pitch Deck | Investor Insights | April 2024
HomeRoots Pitch Deck | Investor Insights | April 2024HomeRoots Pitch Deck | Investor Insights | April 2024
HomeRoots Pitch Deck | Investor Insights | April 2024
 
Famous Olympic Siblings from the 21st Century
Famous Olympic Siblings from the 21st CenturyFamous Olympic Siblings from the 21st Century
Famous Olympic Siblings from the 21st Century
 
Dr. Admir Softic_ presentation_Green Club_ENG.pdf
Dr. Admir Softic_ presentation_Green Club_ENG.pdfDr. Admir Softic_ presentation_Green Club_ENG.pdf
Dr. Admir Softic_ presentation_Green Club_ENG.pdf
 
Falcon Invoice Discounting: Unlock Your Business Potential
Falcon Invoice Discounting: Unlock Your Business PotentialFalcon Invoice Discounting: Unlock Your Business Potential
Falcon Invoice Discounting: Unlock Your Business Potential
 
Mifepristone Available in Muscat +918761049707^^ €€ Buy Abortion Pills in Oman
Mifepristone Available in Muscat +918761049707^^ €€ Buy Abortion Pills in OmanMifepristone Available in Muscat +918761049707^^ €€ Buy Abortion Pills in Oman
Mifepristone Available in Muscat +918761049707^^ €€ Buy Abortion Pills in Oman
 
Falcon Invoice Discounting: Tailored Financial Wings
Falcon Invoice Discounting: Tailored Financial WingsFalcon Invoice Discounting: Tailored Financial Wings
Falcon Invoice Discounting: Tailored Financial Wings
 
Buy Verified TransferWise Accounts From Seosmmearth
Buy Verified TransferWise Accounts From SeosmmearthBuy Verified TransferWise Accounts From Seosmmearth
Buy Verified TransferWise Accounts From Seosmmearth
 
Power point presentation on enterprise performance management
Power point presentation on enterprise performance managementPower point presentation on enterprise performance management
Power point presentation on enterprise performance management
 
Falcon Invoice Discounting: The best investment platform in india for investors
Falcon Invoice Discounting: The best investment platform in india for investorsFalcon Invoice Discounting: The best investment platform in india for investors
Falcon Invoice Discounting: The best investment platform in india for investors
 
Pre Engineered Building Manufacturers Hyderabad.pptx
Pre Engineered  Building Manufacturers Hyderabad.pptxPre Engineered  Building Manufacturers Hyderabad.pptx
Pre Engineered Building Manufacturers Hyderabad.pptx
 
Jual Obat Aborsi ( Asli No.1 ) 085657271886 Obat Penggugur Kandungan Cytotec
Jual Obat Aborsi ( Asli No.1 ) 085657271886 Obat Penggugur Kandungan CytotecJual Obat Aborsi ( Asli No.1 ) 085657271886 Obat Penggugur Kandungan Cytotec
Jual Obat Aborsi ( Asli No.1 ) 085657271886 Obat Penggugur Kandungan Cytotec
 
PHX May 2024 Corporate Presentation Final
PHX May 2024 Corporate Presentation FinalPHX May 2024 Corporate Presentation Final
PHX May 2024 Corporate Presentation Final
 
Arti Languages Pre Seed Teaser Deck 2024.pdf
Arti Languages Pre Seed Teaser Deck 2024.pdfArti Languages Pre Seed Teaser Deck 2024.pdf
Arti Languages Pre Seed Teaser Deck 2024.pdf
 
Cannabis Legalization World Map: 2024 Updated
Cannabis Legalization World Map: 2024 UpdatedCannabis Legalization World Map: 2024 Updated
Cannabis Legalization World Map: 2024 Updated
 
Falcon Invoice Discounting: Aviate Your Cash Flow Challenges
Falcon Invoice Discounting: Aviate Your Cash Flow ChallengesFalcon Invoice Discounting: Aviate Your Cash Flow Challenges
Falcon Invoice Discounting: Aviate Your Cash Flow Challenges
 

The Art of Bootstrapping

  • 1. The Art of Bootstrapping by Vishal Chandra Vīryam vīryam
  • 2. Bed-time Stories for Entrepreneurs vīryam
  • 3. 2 guys in a garage with a great vīryam
  • 5. … loved by customers… have an amazing IPO ! vīryam
  • 6. Time to wake up to reality vīryam
  • 7. It’s good, but What do it’s missing you think of something. my business plan? vīryam
  • 8. If it just had What’s more of a direct that? sales model we would be interested. vīryam
  • 9. One WEEK later… Hmm… We have Looks OK, but beefed up if it only had the direct an OEM sales. strategy. vīryam
  • 10. One WEEK later… I don’t see OK, we’ve anything about added an technology OEM licensing. If you channel just focused on that... vīryam
  • 11. One WEEK later… You’re all over We’ve made the map, and all the changes your plan is very you suggested. unfocussed. Will you invest? We’ll have to pass. vīryam
  • 12. It is not the VC’s job to take the risk ! vīryam
  • 13. 10x The 10x Rule of VCs: Thou shall focus only on that shall be the next Google vīryam
  • 14. Borrowed from the kitchen Get VC funded Bootstrap your Startup vīryam
  • 15. maneuverable small, is better than bulky, too fast to change tracks vīryam
  • 17. Solution Operations IDEA Business & Revenue Sales & Model Marketing vīryam
  • 18. Focus on function, not form Ship, then test vīryam
  • 19. Start as a service business Forecast from the bottom up Focus on cash flow, not profitability vīryam
  • 20. Forget the “proven” team under-STAFF Minimize your battle-fronts vīryam
  • 21. Position against the Leader GO direct to customers vīryam
  • 22. A N C P HL W A P AE EMN BOO T S T R A P 2 B DNH . I A W 0 L R A E M R A E vīryam
  • 23. Talk to the VCs… …once in a while ! vīryam
  • 24. Vīrya is a Sanskrit word which can be translated into English as “effort”, “vigor”, “diligence”, “zeal,” and “energy”. vishal@viryam.com www.viryam.com vīryam