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Bootstrapping a startup? There's a hack for that.

The idea of starting your own company may seem all good and fun, but let me tell you, it’s not as easy as one may think. While the idea of being my own boss and working on a product I am beyond passionate about makes it worth it, I was not quite prepared for the reality of pursuing this dream. I soon began to see my precious savings quickly diminishing, leaving me grasping at any chance to extend my runway by decelerating my burn rate. While this was far more difficult that I had imagined, given my penchant for all things nice, I have learned a few helpful tips I thought I’d pass along to the next brave group of risk-takers on their journey to start-up success.

 I know moving home is less than appealing to the vast majority of us, but trust me when I say that you are going to want to save your moolah whenever possible. Just remember, nothing soothes the soul more than having little or no rent. Plus, you can look at it as an extra incentive to work hard so that you can get the eff out of your parents place as soon as possible.

            Another tip we have all heard before, Network, Network, Network… there really is truth in this age old saying. Don’t waste your money posting ad’s on Craigslist or LinkedIn (especially if you don’t have any money to pay for it). Your best bet in finding good people is to ask everyone you actually know.

A way to widen that network, get out there! Go to tech events or any event really that’s related to what you’re working on, it’s a great way to find what you need. There are ways to get around paying full price if you try hard enough, yet another way you can save that money that you will undoubtedly need for something else. Consider volunteering at an event, not only will you make the necessary connections for free, but you could also rack up some Good Samaritan points while you’re at it. If all else fails there’s always the after party, everyone will be loosened up by then, giving you a chance to really meet people.

            One last tip I leave you with, is try to work out of a cool/affordable place like the hacker dojo. Not only will you meet interesting people, but its only $100 bucks a month (probably less than your coffee shop budget). As an added perk, there’s usually free coffee and food, you know you love that idea. But remember, be a good dojo member and make some donations once in a while. Best of all, being in that type of environment will not only motivate you, but connect you to fellow risk-takers who will feel your pain and help you on this seemingly never ending journey to start-up success.

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