10 Affordable Tools for Cash-Strapped Entrepreneurs

September 23, 2017

12:45 pm

For entrepreneurs facing challenges during the early stages of a startup, it can get difficult to decide which tools to prioritize. It would be much better to see things with clarity and proceed with a laser focus.

If this is where you are, consider the overall budget and individual teams’ needs. Determine which teams need to complete their output faster than the others, like development and design for the product launch. A mix of the right tools will help drive productivity. To make things easier, we prepared this starter toolkit for you.

Mindmeister (Idea Curation & Generation)

Aptly called a mind mapping tool, MindMeister lets you put your thoughts together using images, so you are able to brainstorm, generate, and connect ideas better. You get 3 mind maps with a free sign-up and unlimited ones with any of the paid plans.

Statista (Market Research)

Boasting a rich content database, Statista is the go-to portal for entrepreneurs conducting market research. It features statistics and studies from more than 18,000 sources, including research firms and government agencies. Access to this treasure trove of data comes with a reasonable annual fee.

Flinto (App Prototyping)

Through Flinto, designers can create an interactive prototype of their mobile, desktop, or web app. The product has two versions: one for Mac and another, called Flinto Lite, for web-based prototyping.

Freebbble (Design)

This platform allows you to access design freebies from the Dribbble repository. Browse according to type or license to find the items that you need, including premium design and mockup templates. Keep an eye on the site, as Freebbble may soon offer affordable yet higher-quality versions of the freebies.

GitLab (Development)

GitLab is a wiki-based Git repository tool that helps programmers write, test, and deploy their code efficiently. If you are a small team with minimal user management and workflow control needs, then you can take advantage of its free Community Edition.

SlideBean (Demos & Presentation)

Save time and effort in making slides for a business pitch, demo, or presentation. SlideBean dishes out simple yet stunning templates that you can fill out in minutes. No need to fuss over design details. Just focus on what you want to show your audience, whether they are potential investors or clients.

Basecamp (Collaboration & Project Management)

The leading platform for team and project management, Basecamp sports a broad range of features that are accessible to unlimited users. Collaborators of the same project can communicate, share files and ideas, and track each other’s progress. Budget-wise, it is a better option than buying a combo of solutions such as Slack, Asana, DropBox, and GSuite.

Sumo (Marketing)

Sumo provides you with free and paid tools that will help drive relevant traffic to your website. It also enables you to build a following and track your progress through its suite of useful solutions. These include the List Builder, Heat Maps, and Content Analytics. Integrate it with your email service provider of choice: Emma, ConstantContact, HubSpot, MailChimp, Zapier, etc.

Kissmetrics (Analytics)

Marketing and product teams will benefit from Kissmetrics, a platform for consumer behavior analysis and engagement measurement. It fuels your marketing efforts with the right data, so you can increase conversion, engagement, and retention.

AngelList (Fund Raising)

AngelList is probably the world’s largest platform for connecting startup founders with angel investors, fellow entrepreneurs, and potential partners.

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Vikas Agrawal is a start-up Investor & co-founder of the Infographic design agency Infobrandz that offers creative and premium visual content solutions to medium to large companies. Content created by Infobrandz are loved, shared & can be found all over the internet on high authority platforms like HuffingtonPost, Businessinsider, Forbes , Tech.co & EliteDaily.

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