Tiny Business, Big Money by Elaine Pofeldt
Author:Elaine Pofeldt
Language: eng
Format: epub
Publisher: Countryman Press
Published: 2022-01-08T00:00:00+00:00
Tim Swindle finds that Nick Jonas, a Chicago restaurant owner and tech entrepreneur, has had a powerful influence on this thinking about financing. Jonas has talked about learning from his dad that money goes into three shoeboxes: âThe money comes in, the money goes out, the rest goes for college.â Swindle has learned not to spend more money than he has and to finance as much growth as possible through bootstrapping. That means being diligent about spending the money heâs raised on Kickstarter. âI want to be operating at a profit year-round,â he says. Thatâs the secret, heâs found, to building a business thatâs not only sustainable, but an attractive acquisition target.
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