article thumbnail

Bootstrap Mentality: Key Ingredient For Startup Success

YoungUpstarts

Bootstrap was term coined from the computer lingo ‘booting’ which means starting a computer or starting a chain of processes which eventually starts up the operating system. In the startup world, bootstrapping essentially means funding your own venture and not being too dependent on external sources. Spend Wisely. Experiment.

article thumbnail

Lessons Learned: Validated learning about customers

Startup Lessons Learned

Perhaps they’ll be able to hire someone especially skilled in the marketing skills needed to find this positioning. People talk about funding funding funding, bootstrapping, etc., Transitioning from founder sold bootstrapped revenue to a functioning sales team is certainly possible. Fantastic post.

Customer 167
article thumbnail

Spolsky on Software on Both Sides of The Table

Both Sides of the Table

It helps with sales cycles because customers know that they can switch away if they so choose. It took Joel awhile to realize that “If you’re hiring very bright people, let them do their damn job&#. Fundraising: Fog Creek was bootstrapped. They want to ensure they can easily migrate to a new system.