Carnivals: Leadership Development, Small Business Issues

Tuesday, July 3, 2007 at 9:00pm by Site Administrator

Bootstrapper made it into a couple more carnivals that I’m aware of. Last Friday, it was the Carnival of Leadership Development with Seven characteristics of highly successful entrepreneurs. This carnival has 20 entires in total, all related to business, mostly focusing on management and leadership.

In the Carnival of Small Business Issues Edition 9 is 21 ways to promote your startup business. This edition has 16 entries total covering about a half-dozen categories relevant to small business.

Please go check out both carnivals. If you have your own business-related blog, maybe even link to them or submit an article of your own.

As do each time I post one of these carnival roundups, I’d like to remind you of the Carnival of Bootstrapping Entrepreneurs. The first deadline has passed and entries will be posted sometime this coming Saturday or Sunday. You can enter a relevant article of your own (no trying to sell something, please), which will be considered for later editions. The intent is to make this a weekly and to open it up for rotating hosts, come mid-August or so. So polish up your best article related to entrepreneuring, especially on a budget – i.e., bootstrapping – and use the carnival submission form.

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New Media Ways To Raise Capital

Monday, July 2, 2007 at 8:00pm by Site Administrator

You have an idea for a startup business but you don’t have the capital. That’s a pretty common scenario, having to bootstrap your way to success with very little funding. If you’re a local celebrity, you could pimp your wisdom out in the form of an auctioned business lunch. But what are the chances of that?

So what are your other options? What can you offer that may earn you a bit extra to put towards your entrepreneurial endeavors? If you’re still holding down a full-time job, here are a few tips that you could explore during a bit of free time.

  1. Blogging.
    Work from home, during the evening or weekends, writing about a topic you’re passionate about.

  2. Ebooks.
    Writing an ebook can give you authority. If done properly, of course. Give a few away, on a topic you know well, and you may find a market for selling your later books.

  3. Video tutorials.
    There is an enormous potential market for how-to videos on numerous topics. Video rounds out the offerings of an online information business, which of course includes ebooks.

  4. Microstock photography.
    If you have a skill for photography, you might have considered ways it could earn you some money. Before online stock photography houses, that was generally impossible for the average hobby photographer. With microstock photography websites, you could earn a few hundred to a few thousand dollars per month to put towards your entrepreneur fund.

  5. Voiceovers.
    It takes work to crack into, but if you have a versatile, clear voice, work well under deadlines, and have the minimal necessary equipment, Voice over work could be an option for a bit extra capital.

  6. Website flipping.
    If you have some skills in writing or giving a haggardly website a bit extra “bumpf”, you could pick up inexpensive websites, build them up with extra content and visuals, promote them, then sell them. It costs a bit of capital if you’re buying rather than building your own, but it can be mildly lucrative. Website flipping is different than buying a website for its monthly ad income because you are not holding the sites.

  7. Domain speculation.
    You might not become Kevin Ham and score $300M from domain speculation, but if you’re good at research and trendspotting, you could earn something extra without spending a lot. If you can’t come up with original domain names, you can sometimes find good ones at reasonable prices at Sitepoint Marketplace and Digital Point Forums Marketplace.

Getting involved in these activities of course makes you a digital entrepreneur – skills you can use when you do start up your business idea. The Internet makes relatively easy to succeed in this activities, compared with their offline counterparts, if any. If you’re successful in these smaller endeavors, you might one day find you have the capital to launch your business idea.

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