Starting your own business takes a whole lot of guts, optimism, and passion. Not to mention a ton of hard work and the need to pinch pennies anywhere you can. The Kauffman Foundation, a nonprofit that supports education and entrepreneurship in Kansas City, says it also takes a healthy dose of cash: The new average investment needed to get a company off the ground is around $30,000.
Thankfully, there are a few genius tech hacks that can save money, time, and sanity.
1. Repair, don’t replace
Just about everyone needs a fast computer these days, but arming employees with the latest models can be a real budget breaker. While the newest ones are too expensive, second-hand or older notebooks can be painfully glitchy and slow. One inexpensive hack for this is a USB flash drive called Xtra-PC (prices start at $35) that plugs into — and speeds up — aged PCs or Macs.
“I’ve been a consultant for 13 years, and a big mistake a lot of (small and medium-sized businesses) make is to replace perfectly good computers. Not only is this unnecessary, but it also creates a lot of e-waste,” said Ron Forseth, CEO of Forseth Development, Inc. in Colorado Springs. “Most companies need their machines to run at maximum speed and efficiency, and Xtra-PC can prolong the life of a computer by about five years.”
Another option is to call-in quick help nearby. Aaron Watkins, founder of the Sacramento-based STEMtrunk toy subscription rental service, discovered a quick tech fix recently when his team needed a bevy of iPhone battery-replacements. “As an entrepreneur, your phone is your life. I called a service called Puls to fix our phones. These guys came to me within 24 hrs of me needing it, replaced my phone screen and battery in under an hour, and cost less than the Apple recommended vendors (who had appointments days out and wanted to keep my phone overnight),” Watkins said.
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