In a previous post I described Sir Richard as a
Dancing Evangelist. Last night I learned about his "twin."
Red was featured in "American Made," a new show on
CNBC produced by an Austin Bootstrap Company,
iVeea. The interview with
Ingrid Vanderveldt revealed Red to be a true bootstrapper: constantly hunting for new opportunities, aware of his own Evangelist talents and always complementing himself with incredible Maven partners. I highly recommend this episode to all bootstrappers, but especially Evangelists. A discussion between Sir Richard and Red would be penetrating indeed. Ingrid?
On a related note, on May 19th I'm conducting the first
Bootstrap Bootcamp, sponsored by the
City of Austin. I'm excited because this is a synthesis of many years of work on Bootstrapping and working with Bootstrappers. Dancing Evangelists are on the agenda!
As usual, Gary gave a rousing and thought-provoking talk to a packed audience of UT Students. Neville, a UT student, posted notes and pictures in his
blog.
We will have a
Boot Rap session with Gary soon.
Bootstrapper Matt Mullenweg takes a great attitude to investor capital, which he writes about in a recent
post.
It's a common misconception that bootstrappers have a total aversion to investor capital. Rather, the bootstrapper knows that capital is just one of many interventions available to her. Applied at the right time (post VoD) and in the right dose (minority stake), it can be just the thing needed for the venture's next stage.
By taking your venture through the Ideation and Valley of Death stages
without investor capital, you take full advantage of a key bootstrap principle:
necessity is the mother of innovation.
When the organization emerges from the VoD, it has clarity about its "business model." By having the discipline to only consider investor money post VoD, the bootstrapper takes advantage of another key principle:
money is an amplifier (and that's about all it is!).
I gave a talk To TAG Austin a couple of weeks ago explaining how Bootstrap Austin is emerging as an Open Source community for bootstrappers to develop their products and services.
Bootstrapping emerged as a theme in this year's
SXSW!