Bootstrapping Is Much More Fun Than Investors
Startup Professionals Musings
APRIL 6, 2016
It’s more possible to bootstrap today than a few years ago, as the cost of entry continues to go down. The key to successful bootstrapping is to master the do-it-yourself approach, defer compensation or barter services whenever possible and become a frugal minimalist in all things requiring a cash outlay. Adding free users or customers to increase valuation makes sense for a venture-backed startup looking to go public, but will kill bootstrapping.