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You have to spend money to make money or so the saying goes. Any entrepreneur will tell you that you’re always going to have to spend a little money at least even if it’s just to buy your domain and hosting for your next startup. Most entrepreneurs and first timers actually spend much more than a little bit of money getting their idea off the ground and running. Knowing how to save money during the early stages of any startup can be crucial in the long-term success of the business. Today we take a look at 5 quick ways you can save money on your next startup, which in the end means more money in your pockets.
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Woot.com is online store that offers one new product each day for only 24 hours before ending the sale on a specific item. The one deal per day business model has since grown quite a bit in popularity and can be seen on several other sites now as well. For pioneering such a business model and netting over $100 million in revenue during the process, we take a look at entrepreneur Matt Rutledge this week in the spotlight. We’ll look at just how he did it and highlight what lessons any upcoming entrepreneur can learn. 

