“Bootstrapping” is noble in concept but more expensive than you think.
I’ve bootstrapped a business enough times to understand the benefits and the allure of building something without spending much cash. Unfortunately, the bootstrapping method is slow. It typically goes like this:
It’s how most people grow a business. You do each job yourself (initially doing five jobs at once), and gradually hire people to help as cashflow allows.
What is the specific transaction that will generate cash for your business? Do you have a crystal-clear answer to that question?
If so, you can fast-forward the process of scaling...
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