Mario Cardinal

"The real voyage of discovery consists, not in seeking new landscapes, but in having new eyes" – Marcel Proust

Bootstrapping

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For my first startups, to support the initial costs before being profitable, I was looking for external funding, mainly venture capital. I do not take this path anymore. When I started my consulting firm in 2003,  I bootstrapped to finance my venture with success. My partner Erik and I, we intent to do the same with Slingboards Lab.

Bootstrapping refers to a self-sustaining process, where entrepreneur proceeds without external help or capital. In our case, we will fund the development of Slingboards Lab through internal cash flow (and we are very cautious with our expenses). For now, the cash flow come from consulting services we do on the side. Obviously, we do not accept full-time contracts, part-time only. Bootstrapping is a real challenge. In general, since we have two jobs, we work more than 60 hours per week. In addition, you need a good network to obtain contracts.

Currently, I am looking for a part-time contract. If you are looking for an agile coach endowed with a strong expertise in architecture, I’m your man.

Another source of revenue that helps fund my startup are training. On 22 May, I will provide training in Quebec City entitled “TEAM FOUNDATION TOUR: Maitriser l’agilitĂ© avec l’outillage Microsoft ” This training (in french) provides an edge in the adoption of agile practices (Scrum) with Microsoft Team Foundation Server.

TFS2012Here is the web page announcing the event: http://mariocardinal.eventbrite.ca

Author: mariocardinal

I am the co-founder of To-Do Studio, a software publisher offering online collective workspaces extended with automated guides. As an experimenter and an entrepreneur, I like to seize opportunities that emerge from the unexpected. Since 2004 (15 years in a row), I am a recipient of the Microsoft Most Valuable Professional (MVP) award. MVP status is awarded to credible technology experts who have shown a deep commitment to innovation, passion about technology and a strong community spirit. An experienced DevOps and Scrum practitioner, I have spent nearly 30 years designing large-scale information systems. I am the author of the book "Executable Specifications with Scrum" and the host of the Visual Studio Talk Show, a podcast about software architecture.

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