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Entrepreneurs Share Their Money Saving Tips

By Ben Steverman - 2011-09-15T00:41:10Z

Peter Foley/Bloomberg

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S. Coppy Holzman, charitybuzz

S. Coppy Holzman, who calls himself a "serial entrepreneur," spends a lot of time setting up each new company's policies and procedures because he feels that everything a business does--from shipping merchandise to buying supplies and arranging travel--should follow an efficient process from the very beginning. "It's much better to take longer and think through the solutions," he says--and even better when you can use software to automate them.

Holzman is now chief executive officer and co-founder of charitybuzz, an online charity-auction site. His goal is to create a corporate culture in which "you're naturally frugal, but do things right."