Inside Bootstrapping

Rich Christiansen and Ron E. Porter

Since graduating with his MBA, Rich has founded or co-founded more than 33 businesses. These ventures were bootstrapped from between $5-10K of starting capital. Twelve have become successful multimillion-dollar businesses, while 11 have been outright failures.

Ron spent 24 years in corporate businesses building services and support programs teams. He has founded or co-founded five businesses, bootstrapped with $20,000 or less. One was moderately successful, one was a bust, one is currently enjoying marked success and the other two—well the jury is still out on those.

Interestingly, Rich and Ron value the failures the most. It is from these they’ve gleaned knowledge, resources, and experience with which to improve and move forward. Of course, the successes have provided valuable lessons as well!

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