Bootstrapping versus raising over a ten-year horizon
Most new firms start with little outside money. What Kauffman Firm Survey and federal survival data say about funding choices when the horizon is ten years.
Founder segments
Considerations for a founder working alone: how to fund the work, who else to pay and what to read before you apply.
WE is a long-horizon business incubation and consulting firm. WE steers a dedicated team that builds the company with its founder.
If you are the only founder, the program’s own description of a good fit is on the page about who the program is for.
You are the only founder, so every decision, every task and every risk lands on one person. This page points to reading about funding the work, paying first helpers and keeping the company running when you cannot.
When customers prepay and you are the only person running the company, the contract needs to say what happens if you cannot deliver.
Burn and runway are worked from a few numbers, and the article includes a routine for keeping them in front of the person who decides.
A side project starts to need a legal home, a bank account and written agreements at identifiable triggers, such as when other people use it or money changes hands.
Whichever way a first helper is paid, the article includes a short list of items to put in writing: who the parties are, what is being done, what is paid and who owns the work.
Most new firms start with little outside money. What Kauffman Firm Survey and federal survival data say about funding choices when the horizon is ten years.
Batch programs, incubators and community programs differ in length, terms and fit. What research reports, and ten questions to ask before applying.
Does working among other founders help a company last? Two published studies, what they measured, and how to use a shared space or a founder community well.
What Census Bureau research says about founder age, prior industry experience and prior business ownership, and what a founder past fifty can plan around.
How many business filings become employers, and what a panel of 2004 startups earned by year eight. The public data on timing, and where it runs out.
Federal closure data for new businesses, how the first-year drop compares across opening years, and what the survivors measurably do differently.
Early work runs on weekly sprints, yet public survival data runs on decades. What federal survival curves say about pacing a company for the long haul.
Carta reports that the median wait between rounds has stretched past 600 days. The figures, who they cover, and how to turn them into a runway question.
Federal business counseling centers, volunteer advisers, women's centers and veteran centers. What each does, who it serves, and how to find one.
How a founder can set a repeating week with a plan, protected work blocks, an admin block and a review, borrowing the idea of fixed-length cycles from Scrum.
A checklist of what to verify before buying a small software product: the ownership chain, accounts and data, customer contracts, tax reporting and filings.
What a US occupational-health institute says burnout is and is not, the six work-design areas a UK regulator ties to stress, and when to talk to a professional.
A co-founder is one way to cover missing skills, and the only one that makes someone an owner. How to list the work, test the fit and write things down.
What an LLC and a C corporation are, how each is created and taxed in the United States, and the questions to bring to counsel and a tax professional.
Criteria for choosing a small company's tools and a light routine to keep them in order, using a US consumer-protection agency's data principles.
Pick one or two places to look for first customers: start from the buyer, score what each channel asks of you and write each test down before you run it.
What Regulation Crowdfunding requires of a company that sells shares online: who is eligible, the limits, the filings, and what to ask your counsel first.
What the FTC Endorsement Guides say about customer quotes, case studies and connections to customers, quoted from the rules, with questions to take to counsel.
Why one number misleads, how a three-point range works with an invented example, and what even a good range hides from you and from the people you tell.
Two ways to learn whether people will act before you build: a page for a feature that does not exist, and a service you deliver by hand. With an honesty note.
Who owns code and inventions made by founders, and what the copyright, patent and trade secret statutes say about assignment and confidentiality.
A six-part structure for a first sales call run by a technical founder, a note template, and what the U.S. wiretap statute says about recording.
When a side project starts to need a legal home, a bank account and written agreements, and the questions each moment raises for solo and student founders.
How customer payments can fund a first SaaS, what billing choices do to the timing of cash, what you owe for prepaid service, and the arithmetic to track it.
A plain-language map of the routes to money for a software startup, from customer revenue to grants, loans, investment and crowdfunding, and what each asks.
How to write down, before you start, the evidence that would make you stop, change direction or continue, and why that decision belongs to your calmer self.
How to measure language model usage per feature and per customer, set limits before a bill surprises you, and handle the errors that limits produce.
Ways early founders pay first helpers without outside funding: fixed fees, wages, deferred pay and shares, what each risks and what to put in writing.
What product-led and sales-led growth mean, what each asks of a small team and its product, and a set of questions for choosing a motion without benchmarks.
What public sources say about sales-based financing, loans and debt beside equity, and what to ask a provider before you agree to repay money from revenue.
How to work out burn and runway with one worked example, what the arithmetic hides, and how to read the result before a decision about spending or raising.
A solo founder makes every decision alone. Four sources of outside review, and a short session format borrowed from public-service assessments.
What the USPTO and the federal trademark statute say about similar marks, clearance searches and likelihood of confusion, with questions for an attorney.
The mechanics of demos, pilots, trials and self-serve, what each asks you to build, and what a U.S. statute says about recurring online charges.
What to put in a short handbook for a remote team: hours, channels, decisions, devices and time off, with public guidance on security and flexible working.
A decision framework for a founder's first hire: the work, the working arrangement, the money, the equity question and how you will judge the result.
The application form asks about your company, your team and what you are building.