Bootstrapping the Starbucks Way
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Bootstrapping any new startup is always full of challenges; a big one, of course, being controlling the burn rate of the venture in the face of trying to get bigger. Steve Walden, a former Prodigy exec, a good friend, and a HiddenMarket advisory board member, tells me that I “hold court” at Starbucks, since I tend to hold many back-to-back meetings there. This lead me to think about the many other entrepreneurs who do the same. So here are my tips for watching those fully vested pennies while gettin’ your Starbucks on.
The other day I found myself, as usual, plugging away on my laptop at my local Starbuck’s. A young lady sat near me interviewing a young man for a job as a salesperson at the EB Games (a video game shop) next door. I thought it might be interesting to capture bits of their conversation, in an effort to provide some critical analysis of it here in my blog (yes, I’m bored).
