Discover and read the best of Twitter Threads about #startupgrind

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Having a rich investor buy into our business ideas to fund the growth of our empires is a dream for many startup founders.
For the rest of us, we have to wake up and fund our own businesses.
Review this thread for practical tips for Bootstrapping your business.

What is Bootstrapping?
The Small Business Encyclopedia defines it as: Financing your company's startup and growth with the assistance of or input from others.

I define it as: Building a business with out of pocket financing w/out the guidance of a parent company.
Bootstrapping Strategy #1
Know your operating costs and expenses. Ruthlessly manage unnecessary expenses.
If your partners are money-motivated, it is important to form an agreement to delay gratification. Run a lean ship in order to stay afloat.
Read 9 tweets
If there is one personal business quality I would package & sell to others is my ability to ask for and receive opportunities a.k.a. Creative deal-making.

I reverse engineered why this works for *me* into bite sized lessons that will work for *you*
(Thread) #startupgrind
I shoot my shot often in business & partnership scenarios but what is often overlooked is that I give value 10x more than I ask.

๐Ÿ’กEstablish a โ€œReciprocity Engineโ€ for your platform that enables you to give freely.

Why is this important? โžก๏ธ

#crm #smb #startupgrind
โ€œReciprocity Engineโ€ is important as you position yourself for larger opportunities.
Decision makers will vet your worthiness based upon your:
โœ…social proof

๐Ÿ’กThe depth that people are willing to vouch for you reflects the heights that youโ€™ll reach
Read 7 tweets
The Go-Getterโ€™s Guide to Creating Your Own Luck In Your Business & Your Career

โ˜˜๏ธ#StPatricksDay2018 โ˜˜๏ธ
#SMB #CRM #Networking
#startupgrind #entrepreneur


Luck โ˜˜๏ธ is associated with being in the right place at the right time.

In your business, this is known as โ€œproper positioningโ€.

๐Ÿ‘‰๐ŸพGet crystal clear about what you specialize in
๐Ÿ‘‰๐ŸพGet clear about the audience you serve
๐Ÿ‘‰๐ŸพWhat result do you deliver?
#SMB #StPatricksDay
The biggest mistake that new businesses make is the desire to deliver all things for all people

Proper positioning results in standing out due to hyper focus

When you lessen your competition you increase your luck by being available for opportunity.

#SMB #StPatricksDay
Read 7 tweets
The value & importance of building networks & support groups for Entrepreneurs and Top Notch Professionals.

#Networking #SMB #CRM

Breakthrough success in any endeavor requires the conscious cooperation of smart and talented people.

When you start a new idea, you ask โ€œHow can I get started?โ€

Top notch performers ask โ€œ Who are the best people to help me make this idea launch successfully?โ€ #SMB
As Innovators & Game Changers, eliminate the mindset of:

โ€œOwning 100% of nothingโ€

๐Ÿ’กCollaborations, Joint Ventures, & Partnerships are the fastest approach to growth, scalability, & getting wins on the board๐Ÿ’ก

#SMB #Startupgrind
Read 9 tweets
Why do your friends hesitate to support your ideas and your business?

These are details you need to understand about friendship that will save you time and heartbreak on your path as a Creator.

Based on a true story.

(Thread) #SMB
Success in small business requires the conscious cooperation of other people to succeed. We naturally rely upon the direct support of our immediate peer group.

There are 3 types of friends.
Only 1 type has the capacity to support your evolution.
Letโ€™s go deeper.
The first type of friends you develop are your Rite of Passage friends.
You meet during moments of transformation. During times of stress, the mind seeks familiarity & comfort.
Common interaction points:
Bootcamp, Freshmen year of college, high school athletics, church choir
Read 16 tweets

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