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December 14, 2011 05:00 am GMT
It's a tender situation, being a startup, isn't it? Here you have what you think is a great product, maybe it's even a little disruptive, but you're not naive enough to think that you're the only one who's ever thought of this idea/product. At any moment, some giant or more well-funded startup could make your idea/widget/feature/tool/product their priority and with a little marketing spend, you'd be toast. Bootstrapping, you rely on your users' feedback to tell you what works and what doesn't, iterate, and hope that your user base grows organically until you have a sustainable business.That's the hope, right? The same goes for Max Yoder, a 23-year-old designer from Indiana -- except that in Yoder's case, he launched his startup out of his bedroom in Indianapolis. Yoder recently graduated from college, at which point he went to work at Compendium to learn about startups, media software, and to help pay off his student loans. To help his cause, he was selected as an Orr Entrepreneurship Fellow last year, and has, over the last seven months, been building his startup.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/ZNe4jqXtF2s/
Startup Trials: Quipol Looks To Disrupt Online Polling In A Crowded Market
It's a tender situation, being a startup, isn't it? Here you have what you think is a great product, maybe it's even a little disruptive, but you're not naive enough to think that you're the only one who's ever thought of this idea/product. At any moment, some giant or more well-funded startup could make your idea/widget/feature/tool/product their priority and with a little marketing spend, you'd be toast. Bootstrapping, you rely on your users' feedback to tell you what works and what doesn't, iterate, and hope that your user base grows organically until you have a sustainable business.That's the hope, right? The same goes for Max Yoder, a 23-year-old designer from Indiana -- except that in Yoder's case, he launched his startup out of his bedroom in Indianapolis. Yoder recently graduated from college, at which point he went to work at Compendium to learn about startups, media software, and to help pay off his student loans. To help his cause, he was selected as an Orr Entrepreneurship Fellow last year, and has, over the last seven months, been building his startup.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/ZNe4jqXtF2s/
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