On Big Companies and Startups- Jano Banks

November 21, 2007

I came across this video forwarded to me from a colleague in the sates. It’s a bit long, and I never heard of Jano Banks before, but it was actually a pretty good speech. He speaks honestly, and really gives good insight into the differences between working for big companies or startups. He has worked for some famous bigger companies, like Apple, and is currently running a small startup called Radiient.

I especially like how we touched on the subject of real life problems that bootstrappers face: mortgages, feeding your family, stamina, team building, fund raising, etc.

Enjoy,

-I


Bootstrapping Tip #1- Never Roam

November 21, 2007

I’m going to start off the tips with this little gem:

If you’re bootstrapping it, and you’re on a trip in a different country, NEVER roam with your cell phone.  It will always be cheaper to buy a local SIM and pay local rates.   And if you find yourself traveling frequently to a certain country, it could even be cheaper to get a SIM with a line (as opposed to a pre-paid SIM) and use that every time you visit that country.  Either way, roaming will kill your budget unexpectedly, and is not good for any company that is bootstrapping it.

-I