Last Updated:
September 25, 2022

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5 Tips for Bootstrapping Your SaaS Company

You’ve probably heard the term ‘bootstrapping’ in business. The term implies financing your operations on your own—without the capital of external debt or equity investors. Bootstrapping implies clever and resourceful entrepreneurship despite not having a ton of cash. Fun fact: The word is (apparently) derived from the old saying, “To pull yourself up by your bootstraps.” If you’re an early-stage SaaS business, the odds are decent that you’re in the bootstrapping stage. So here are some helpful tips to maximize your efforts during this time. By following these steps, you can give your company the best chance of growing—and attracting outside capital in the process. Only Hire Who You Need In an ideal world, your young venture could hire the most qualified person for every role. But the world isn’t perfect, and you don’t have the money to splash the cash to hire the best in the world. The good news? You don’t need to. For a small SaaS start-up, there’s no reason to hire a CFO with 25 years of experience, for example. You probably need to hire a competent bookkeeper or maybe someone who’s been an accountant for a few years. Watch Your Cash Balance   Cash is […] read more
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Beginner’s Guide for Cryptocurrency Trading

Currently, the trading industry is technologically thriving thanks to cryptocurrency. It is accelerating its growth at a startling rate. Nowadays, the general population is aware of cryptocurrencies. Due to plenty of opportunities, it is regarded as a fantastic investment opportunity. However, even if the decentralized component appears attractive, one cannot ideally test the crypto market within a week of acknowledgment. Therefore, it is essential to learn how to trade cryptocurrencies. However, be sure you have all the required knowledge before commencing cryptocurrency trading. Blockchain trading is the most influential cryptocurrency trading platform, and it also offers newbies a platform for self-paced learning. What is cryptocurrency trading? Cryptocurrency, also digital currency, is not governed by a single entity. Instead, ownership data is kept on digital databases, well-protected by strong cryptography and blockchain technology. Cryptocurrency trading entails buying and selling digital currency while making price predictions using a CFD account. While a few stores have now accepted cryptocurrencies for regular transactions, they are mainly traded as digital assets to generate income in the form of investment returns. Trading participants make money from buying and selling on crypto exchanges. Unfortunately, extreme volatility also increases the risk of losing money. As a result, people […] read more
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