‘Tis the season for reflecting, planning and finding new ways to grow our technology companies in the year to come. It’s also a good time to look into our industry-focused crystal balls to make entrepreneurial predictions for the year ahead.
Here’s ours for 2012: this will be the year the ultra-lean tech startup goes mainstream.
What defines a firm as ultra-lean? It’s a tech company that goes beyond merely employing lean operating principles. It develops technology on a tiny budget — perhaps with the help of a tech incubator — but relies largely on the acumen, innovation and vision of its founders to get off the ground. Ultra-lean tech entrepreneurs take bootstrapping to a new level using every free or low-cost tool at their disposal to get their product to market. They may still require seed funding of $100,000 or more to launch, but to an ultra-lean entrepreneur, the traditional $1-million-plus startup capital requirement is a foreign concept.
To read the full, original article click on this link: An ultra-lightweight tech prediction for 2012 | Getting Started | Entrepreneur | Financial Post
