Startups

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Entrepreneurs, Startups, and Small Businesses are the backbone of our global economy. But being an entrepreneur or small business owner these days isn't easy. In fact, it can be one of the most challenging endeavors you'll ever take on in your life. The competition is fierce and the stakes are high. The funding isn't always there so you have to be a fierce frugal entrepreneur. Inevitable adversity requires creativity and resiliency as a frugal business owner and bootstrapping business professional in 2022. 

Being a frugal entrepreneur, bootstrapping business owner, or side hustler is more important than ever now in the new economic recession brought about by the Coronavirus pandemic. Jobs have been lost, industries have been hit hard, and the flood of investment capital has slowed to a trickle for a lot of startups. Political policies and global economic statuses are changing every week. Businesses and entire industries have shifted to digital and remote work. 

Counting on other companies is challenging right now with supply chain disruptions, production decreases, material scarcity, price increases, lack of labor, and businesses closing up shop every month. It's up to you and sometimes you alone to start, manage, and grow your business on a budget in 2022. Do you have what it takes to be the boss and make the tough decisions? How can you overcome the obstacles and push through the nonsense to ensure profitability? Can you outwork the competition as an enthusiastic entrepreneur while retaining some semblance of work-life balance?

That's why I continue to write articles on being a frugal entrepreneur and bootstrapping business that can succeed in this competitive global business climate... without losing the majority of your equity from the start. Giving up equity early is one of the biggest mistakes that new founders and co-founders make in their quest for quick growth and fast funding. Without maintaining your equity, you lose a lot of upside and control of your company in the process. Bootstrapping is better and you don't need that Silicon Valley or venture capital money!

Being a frugal entrepreneur is no easy task, but it can be incredibly rewarding personally and financially. You can succeed whether you are a frugal solopreneur on a shoestring budget or the founder of a new lean startup. You could even freelance or side hustle your way to extra earnings. Many people keep their 9-5 full time job while side hustling until it's a viable full time venture. It's a challenging line to walk scaling up a side gig while still working 40-50 hours at your day job, but it can be the smartest way to go out building a successful startup business.

To succeed it takes determination, versatility, frugality, and knowledge! I hope these articles are helpful for you and your own Bootstrap Business journey as a fiercely frugal entrepreneur in 2022:  


Lean Startup & Bootstrapping Businesses Articles


Keep grinding fellow frugal entrepreneurs and leading lean startups! Hustle hard!!


Nobody ever said bootstrapping a business or being a frugal entrepreneur was going to be easy, they just said it will be worth it! There are reasons why most people want to be their own boss and build their own business. Never forget why you dream of or originally dreamed of becoming an entrepreneur. Remember your "why" when things get difficult on your frugal entrepreneurial journey, because things will inevitably! 

The world of startup businesses and bootstrapped companies is only getting harder due to increased competition and lower barriers to entry in many industries. Business can be brutal, but you must be bold. Keep these frugal entrepreneur tips and tricks in mind if you are one of the millions of people that would rather work 80 hours for yourself than 40 hours a week to help earn someone else money!

More lean startups articles about everything entrepreneurship coming soon from frugal entrepreneurial experts around the world coming soon right here on Bootstrap Business in 2022!




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