Home   About   Services   Client Testimonials   Contact   Blog  
 
Saturday, March 25, 2006


A recent post on the Small Business Trends blog caught my attention with a great quote. It's from a US News article:

'If all you know about starting a business came from reading the financial pages during the 1990s, you might think the process works like this: Think up a killer idea, write a business plan, raise money from venture capitalists, launch the business. "Then you pitch the money on a bonfire and hope there's a company there before you run out," jokes Greg Gianforte, CEO of RightNow Technologies, a business software company he founded in 1997.'

The Small Business Trends blog points out that, for the majority of small businesses, bootstrapping (ie, funding your business from customer revenues) is the right, and often only, option. In fact, studies from the Global Entrepreneurship Monitor say that only 38 out of 10,000 businesses receive venture funding.

From our perspective, most of our startup and small business clients are "bootstrapping" their businesses and our services are a low-cost and low-risk option for them.

Labels: , , ,

Posted by: David Regler @ 3:34 pm |   | Links to this post  

Bookmark and Share



2 Comments:
  1. Feedback At 6:39 pm ~ Blogger Razib Ahmed said...

    You certainly have a strong point about sales outsourcing. Google's acquisition of Writely is perhaps a proof of what you said. In South Asia, India has already establised itself as an outsourcing destinatin.
    Now

    Nepal is tring the same with its ICT sector.

     
  2. Feedback At 12:28 pm ~ Blogger David Regler said...

    Sure Razib, there are some elements of the sales cycle which are a good fit for offshoring. One approach we use is to combine offshore agents for lead qualification with UK based senior sales people who develop the opportunity further with face-to-face meetings. It's a great combination to quickly, and cost-effectively, take a proposition to market. This is what some people call "right-shoring".
     

Post a Comment

Links to this post:

Create a Link

<< Home



Entrepreneur or Sales Person?

Investor Fair in London - meet Business Angels for...

LinkedIn or openBC...or both!

Watch out for those Cappuccino Meetings

Have you enough Running Room?

The Truth About Forecasting

Thoughts on "Ronin" and winning new business

Why You Want Sales People Not MBA's

Conducting the Sales Orchestra

Ready, Fire, Aim!


November 2005
December 2005
January 2006
February 2006
March 2006
April 2006
May 2006
June 2006
July 2006
August 2006
September 2006
October 2006
November 2006
December 2006
January 2007
February 2007
March 2007
April 2007
June 2007
July 2007
August 2007
September 2007
November 2007
December 2007
January 2008
February 2008
March 2008
April 2008
May 2008
June 2008
July 2008
September 2008
October 2008
November 2008
December 2008
January 2009
February 2009
March 2009
April 2009
May 2009
June 2009
July 2009
September 2009
October 2009
November 2009
December 2009
January 2010
March 2010
September 2010
October 2010
November 2010
December 2010
January 2011
February 2011
March 2011
May 2011
July 2011
September 2011
October 2011
November 2011
December 2011
January 2012
February 2012

Powered by Blogger





2003.
All content © Maine Associates Ltd 2010 All rights reserved. Read our privacy policy