Is Your Business Ramen Profitable?

When I first encountered the term ramen profit, I was curious, naturally. My first thought was: “Okay, I’m not looking to eat noodles” (and I kid you not). It turns out, Ramen Profitable means that it’s a business that makes just enough money to cover basic living expenses such as food and water.

4 Must-Use Tools for Bootstrapped Businesses

Some startups are fortunate that they are able to run their operations by bootstrapping. In my opinion, it’s not really luck that keeps them going but it is how careful they are with the use of their resources that there are minimal additional costs to the business. Startups who find it difficult to be approved [...]

Employed and in Business: Can You Pull it Off?

There are many ways to make a certain dream a reality. For aspiring entrepreneurs whose problem is mainly where to get the capital to finance their business, there are options which one can choose from. There are 401K loans you can take advantage of, angel or VC funding, bank financing, loan assistance from the SBA [...]

10 Ways to Simplify Your Business Operations

Bootstrapping does not only involve looking for alternative ways to fund your business. A company being run by its bootstraps means practicing prudence in business expenses and resources. Small business owners should pursue ideas that would simplify business operations because time is also an important asset for the budget-conscious entrepreneur.

Ways to Improve Your Bootstrap Business

Let us suppose that you have already started your business by bootstrapping. You know the old adage: Having nothing builds character? When you think about it, it does make sense. Before you started your business, odds are you were just an employee who wanted to break away from that 9-to-5 job you have. Either that [...]

Working from Home: A Bootstrapping Technique

Apart from borrowing funds from friends and family, one of the techniques to save money in running a business is when an entrepreneur works from the comforts of  their home. Renting an office space might save you some money but you do away with that and spend it on more important things. The fact is, [...]

Barter System and Bootstrapping Your Business

The Barter System has been around before money has even been invented. With the financing noose tightly wrapped on a cash-strapped entrepreneur’s neck, it might be wise to revisit old methods to sustain a start-up’s growing need for cash and services. So how would the partnership between the barter system and growing your company work? [...]

There’s No Place Like Home (Also True in Business!)

More people, especially women are becoming more involved in home-based businesses nowadays. It’s a growing trend that aspiring entrepreneurs should look into and for good reason: it is cost-effective and more time can be spent with the family. Let’s face it, the economy is slow on the uptake and opening a new business no matter [...]

Bootstrapping: Not Meant For Everyone?

Bootstrapping is fast gaining momentum again since startup entrepreneurs cannot get loans from banks and other investors. Some say it is an art. But for me, it’s more like a way of living. There are many tips and tricks for the bootstrapping newbie and it all boils down to getting your own money (or your [...]

Bootstrap Your Way To Business From Funding To Marketing

Some entrepreneurs may find bootstrapping to be a challenge while others find it easier and better to do than ask loans from banks and then get rejected. Here is a video on bootstrapping techniques which covers areas from funding your own startup to guerilla marketing.