Bootstrapper Handbook for Startups

Bootstrapping expertise is what we need for now!

February 24, 2009 · 2 Comments

Ivan Widjaya is the man behind Noobpreneur.Com. What’s worth noting him is this excellent post he has written — How to bootstrap your way past recession?

There are a lot of exemplary tips to which we, as a reader, can really learn a lot. To give you an idea what’s in stored for us in his post is quoted below.

Bootsrapping tips

I learn from my fellow entrepreneurs on how to bootstrap your way to thrive in today’s recession – From what I learn, there are several similarities in bootstrapping methods among them; To name a few:

  • They purchase everything on business credit cards – this way, they reap point rewards that can be redeemed with various rewards, such as traveling the world – this is effective as long as they pay their bills on due date to avoid late fees or other fees incurred.
  • They do balance transfer – they ‘reshuffle’ their business credit cards, and transfer the balance – or aggregate some, to the most attractive credit card issuers offers possible.
  • They always think, “Substitute, substitute, substitute” – i.e. if printing their own business card is cheaper, they’ll do it for sure.

The above is just a fraction of those plenty of tips you can get from Ivan’s article.  It’s one click away from us guys! Check the entire article here.

Categories: Bootstrapping Tips

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