Luke Schoenfelder

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10 Extreme Bootstrapping Ideas

You're building your business with your own money, which means you get to keep control of it, not hand it over to some investor. But bootstrapping is tough, especially if it means putting every dollar you make back into the company instead of into your pocket. So other than taking out a second …

Bootstrapping

3 Novel Ways to Fund Your Business

The stats show women face greater challenges finding capital. Fortunately, these creative approaches can work for anyone.<p>It's still not easy to find money out there, especially via traditional funding routes. For those entrepreneurs who have no collateral, it's nearly impossible. And if you are a …

Why Your Local Bank Is Terrified of Crowdfunding

As crowdfunding becomes more mainstream, more entrepreneurs see it as an alternative to bank loans. Banks are none too pleased.<p>In 2012, crowdfunding portals helped small business owners and individuals raise about $2.7 billion. By the end of this year, that figure could nearly double, according to …

How to Charm a Complete Stranger

These techniques worked for an FBI agent charged with building rapport with spies and criminals, so surely they'll work on your customers and co-workers.<p>We all know the feeling: you want to meet someone -- maybe it’s that pretty person across the party, maybe it’s that big-time player in your …

Oregon Proposes 'Pay It Forward' Loan Program

Look out, Peter Thiel: The state of Oregon is launching a pilot program for college students that works similar to a venture capital fund.<p>Once upon a time, babysitting helped students pay for college. Today, the Class of 2013 will graduate with an average $35,200 in college debt. Short of taking …

Signs of the Accelerator Bubble

There have never been so many bootcamps, hackathons, and accelerators to help entrepreneurs start up. And that's precisely the problem.<p>Late last week, I learned about the existence of Coworking-Camp, a sunny six-week retreat for start-up founders to gather in a four-star hotel in a Mediterranean …

'The Time Might Come When You Have to Let Go of Your First Big Dog' | Inc.com

VIDEO • FAST GROWTH<p>'The Time Might Come When You Have to Let Go of Your First Big Dog'<p>'The Time Might Come When You Have to Let Go of Your First Big Dog'<p>Les McKeown, a growth-strategy advisor, explains when it could be time to fire your earliest, most loyal employee.<p>By Les McKeown<p>Recommended …

Obama Calls on Entrepreneurs in New Agenda

The private sector must step up to create the government we want, the president said Monday.<p>During an agenda speech Monday, President Barack Obama admitted he couldn't have been elected without the help of social media.<p>Recalling a 2007 visit to Google's headquarters in Mountain View, California, he …

Why Working From Home Still Works People Up

For many, working from home is a crucial part of their work-life balance.<p>Yahoo banned it. Best Buy and Bank of America modified it. But working from home is not going away any time soon.<p>For many employees, working from home is a crucial part of their work-life balance.<p>For businesses, the option of …

Care.com's Founder Waited Five Years to Launch

Founders must be prepared to lead a start-up and I wasn't ready, says Care.com founder Sheila Lirio Marcelo. Here's why the wait was worth it.<p>Some founders launch their start-up as soon as they get the idea. But Sheila Lirio Marcelo, founder and CEO of Care.com, delayed her launch for nearly five …