Bootstrapping

How to reduce or eliminate your need for external financing such as equity (from angels and VCs) or debt (borrowing from banks, SBA, and others)

Summary:

Few founders are able to secure equity or debt for their businesses, especially in the early stages:

• Less than 1% of all new businesses receive equity funding from venture capitalists.

• Getting a loan from a bank usually requires a track record (which early-stage companies don’t have) and either positive cash flow or significant business assets to secure against.

Bootstrapping is the primary financing option for most founders. Even for founders who eventually raise outside capital, bootstrapping as long as possible is usually the best strategy.

In this presentation, we will explore the different types of bootstrapping options including how to compare them relative to a) their cost; b) the risk; and c) how difficult they are to obtain or implement.

By the end of this presentation/workshop, you’ll understand:

• Why bootstrapping is your default financing strategy and, in most cases, the one you should pursue as long as possible.

• Different types of bootstrapping options.

• How to compare the options relative to a) cost; b) risk; and c) difficulty to implement.

Who is this presentation for:

This presentation is for founders, entrepreneurs, and CEOs:

• With different business models – startups and small/traditional businesses models

• With any stage business. However, founders with early-stage businesses tend to benefit the most.

Presentation Options:

• Option 1: a 45-minute overview presentation

• Option 2: a 90-minute presentation with some workshop components

Speaker bio: pitchcreator.com/team/jason-tagler

Jason Tagler has over 20 years of experience in investing in private companies. In 2014, he founded Pitch Creator,  a social-impact education platform built to level the playing field for entrepreneurs outside of Silicon Valley.

About Pitch Creator: pitchcreator.com/about

We’ve trained over 3,000 students and entrepreneurs through live classes and online courses. The Pitch Creator team has collectively invested over $1 billion in private companies and that real-world experience is built into everything we do. The entrepreneurs who have testimonials on our website have collectively raised over $200 million for their companies.  

Testimonials: pitchcreator.com/testimonials

We like to say that “testimonials are the fuel that Pitch Creator runs on.” Our testimonials page is grouped by the different types of people we serve.

Contact:

If you are interested in this presentation/workshop for your organization, please send an email to support@pitchcreator.com with “PRESENTATION” in the comment line.