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How to Save Money at Startups


March 9th, 2008


By GadgetManiac

Starting a startup? Jason Calacanis, the founder of Mahalo has some tips on how to save money:

  • Buy Macs.
  • Buy second monitors.
  • Buy lunch / eat-in / no-meetings.
  • Buy cheap tables but expensive chairs.
  • Don’t buy a phone system.
  • Rent out your extra space.
  • Outsource accounting and HR.
  • Don’t buy everyone Microsoft Office.
  • Use Google hosted email.
  • Buy your hardest working folks computers for home.
  • Fire people who don’t love their work.
  • Get an expensive, automatic espresso machine at the office.
  • Stock the fridge with sodas.
  • Allow folks to work off hours.
  • Go to each of your vendors every 6-9 months and ask for 10-30% off.
  • Don’t waste money on recruiters. Use linkedin/Facebook.
  • Really think about if you need that $15,000 a month PR firm.

    • How to save money running a startup (17 really good tips) – calacanis.com, Mar 7th 2008

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