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Expertise

$1.67/min

Bootstrap Budgeting for Early Stage Startups Survival

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Created 5 years ago in Business / Getting Started

How do you grow your business with little or no venture capital or outside investment? You need to Bootstrap! You need to rely on your own savings and revenue to operate and expand.

We will discuss how to create and track a practical bootstrapped budget by the founder herself without consulting a financial expert or chartered accountant. This budget will help you track and monitor your expenses (manpower, tech infrastructure, office space, marketing, travel etc.) and revenues. It will also help you to present the financials if you are dealing with an angel investor or raising money from friends and family.

Anil Chhikara

Bangalore, India
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Chairman, Startup India Foundation | Managing Partner, WeDeal China | Founder CEO BlueBolt Startup Factory | Judge @ India's First Startup Reality Show. I'm an entrepreneur at heart & believer in the power of dreams. I love mentoring budding entrepreneurs & innovative startups in our portfolio on building biz plans, successfully pitching to investors, go-to-market strategies & scaling up businesses. In 2001, I founded 24x7 Learning and led its growth over a decade to become India’s largest e-learning implementation company. Besides angel investment, I successfully raised multiple rounds of investments including $4m from Network 18, India’s leading media conglomerate. I was responsible for global sales operations and all customer-facing functions including implementation, consulting besides defining technology, enterprise products roadmap and strategy. After exiting in 2013, I set up Marco Polo Ventures, an innovative Go-to-Market Strategy and Execution consulting firm based in Dubai. Marco Polo helped develop, implement and manage a custom go-to-market strategy & distribution network for startups wishing to quickly scale up their revenues. Prior to founding 24x7 Learning, I had successfully setup and launched businesses for two large multinational companies - Parametric Tech, USA and Cimatron, Israel. I earlier ran Jaarvis Accelerator, where I got opportunity to nurture some of India's finest tech startups. I'm a well-regarded startup mentor in the Indian startup ecosystem. I was the anchor judge for Haywards 5000 Haunslay ki Udaan, India's First Startup Reality TV Show and the official startup coach for The Vault Show, India's answer to Shark Tank. Having judged over 1000 startups in the last 24 months, I'm most sought after judge for startup pitching competitions. This gives me an early access to smart tech startups. My personal passion is Sculpting and I have won several national level prizes. Besides my mechanical engineering, I have learnt sculpting at New York Academy of Fine Arts and about art markets at Sotheby’s Institute of Art in London. Checkout our portfolio of startups and know more about our acceleration program, go to www.bolt.blue Complete Profile- www.linkedin.com/in/anilchhikara.

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