I stumbled on this great documentary (available on YouTube) with great insights on the startup journey. I particularly related to the emotional side of impacting family while hustling, and maybe you will relate as well. Enjoy!
Topics Covered: venture capital, startup capital, seed capital, bootstrapping, idea generation, business model, pivoting, technical co-founders, scale, supply chain, cashflow
Full Description: The story of three of Australia’s fastest growing startups – SafetyCulture, Vinomofo, and Canva – as they scale from garage offices to millions of users and worldwide impact. The New Hustle follows the personal journeys of the founders as they develop and iterate on their idea, attempt to bring it to market, raise capital, and face countless challenges along the way.
Runtime is 53:56.
This post is aimed at the entrepreneur on a tight budget who is going to have to go it alone, at least initially, without any outsiders bankrolling his or her venture. (That’s about 95% of us.)
Research conducted into the Inc 500 startups over the years and has identified a theme running through many of them. Let’s take a look at a few.
The Power of Crowdfunding: Mining Companies Now Compete With Startups for Crowdfunding Support
Thanks to the advancements of investing, more and more upstarts are becoming confident enough to launch their new products and services to the world. By getting $5 – $10 from those who can commit, a business that had no way of getting funds from traditional means during the 90s can now get the funding they need through crowdfunding. Usually, getting monetary support from people all over the world via crowdfunding sites like Indiegogo only apply to startups that have no backing from stockholders. However, today, the old mining industry seems to be looking at crowdfunding to get the support they need for operations.
The tides of today’s corporate finance are shifting quickly. Traditional methods for business funding are being morphed and replaced by new and sexy alternatives. But, as often is the case, it’s sometimes best to make new friends and keep the old. Older tried and tested options for raising capital are often still overlooked in the haste to chase the latest small business funding fad. And while the sexiness of financing methods like crowdfunding and crowdlending are receiving a great deal of press at the moment, other alternative financing methods still weigh-in heavily as an option for raising capital for both existing and startup businesses including reverse mergers and direct public offerings (DPOs).
At different points in his life John Paul DeJoria was homeless and an East LA gangbanger. Then he he turned his life around and launched John Paul Mitchell Systems with $700 back in 1980.
Here he tells how he did it in detail while being the keynote speaker at the Stanford 2011 Entrepreneurship Conference.