4 ms·
> It's clear who values their time more than the founder & employees. Bootstrapping means you control the destiny and a higher chance to pocket more than a C-Su
by mjolk 10y ago
> It's clear who values their time more than the founder & employees. Bootstrapping means you control the destiny and a higher chance to pocket more than a C-Suite's salary combined. So you make 100k every month from your bootstrapped business but you never IPO, you can buy the world's smallest violin.
As someone full-time bootstrapping, and who will launch having bootstrapped, my take-away is that I wish I took seed money to be able to pay a couple people to go on this journey with me. I'm a solo technical founder and while I found people willing to make (considerably) under their market value, engineering is well paid and good make-problems-disappear non-technical people are rare finds.
- brilliantcode 10y agoif they are hungry and believe in your vision they will take equity and run with it. Those are the people that should be involved early on.
- mjolk 10y agoI'm years out of college, so unfortunately, most of my network of "known entities" have financial obligations that need to be met.