We continue with motivational literature. After having lured you with reviews of the biographies of Richard Branson and Gene Simmons, today is a book from local climes.
Why Dieter Bohlen?
“Phew,” I hear some say, “I’m supposed to read or even buy a book from this dude?
Of course this is the parting of the ways: some consider him the superstar par excellence, the others would never admit publicly that you watch his programs, listen to his music and even envy him a little bit for his success.
One thing you have to let Dieter Bohlen: his almost painful honesty when he expresses his opinion. That never gets boring. Continue reading “Review “Der Bohlenweg” by Dieter Bohlen”
Who is the author?
Richard Branson: There is almost nothing this man hasn’t achieved.
A private island in the Caribbean, the knighthood, crossing the Atlantic and the Pacific in a hot air balloon. And then there’s a little company called Virgin with a whopping 40+ affiliates. Did I mention that Virgin Galactic also flies into space?
What does the man still want to do? Continue reading “Review “Losing my Virginity” by Richard Branson”
Who is the author?
Gene Simmons is the bassist and founder of the band Kiss, with whom he has released twenty studio albums, six live albums and countless compilations.
In addition, he has released two solo records and played in 11 films.
In the 1970’s he was with Cher and Diana Ross, then married model Shannon Tweed, and did it like Ozzy Osbourne, giving us a reality documentary soap called Gene Simmons Family Jewels Continue reading “Review “Sex, Money, Kiss” by Gene Simmons”
Bootstrapping – what is it?
Unfortunately, there is no Wikipedia article about Bootstrapping related to foundations. So here’s the attempt of a definition:
“Bootstrapping is a funding strategy for a start-up that ideally requires no outside capital and leads to growth of the business by avoiding spending and reinvesting revenue.”
Put simply: spend only money on your business that your business has brought in as well. Like Baron Münchhausen, you pull yourself out of the swamp on your own head.
If money has to be put into your business all the time, you run the risk that you are only promoting a hobby but have not developed a solid business idea. Benefits of this start-up financing is the extremely low financial risk and, in the case of business success, the feeling of having done it without the wallet of your parents.
However, the disadvantages should not be concealed. Anyone who has an idea that only works if the entire market is penetrated in no time, 1000 employees hired and high-tech production facilities are procured, for which bootstrapping is certainly not the right concept.
So, now to the individual steps: Continue reading “15 Steps for successful Bootstrapping – Part 1”