3 ms·
Done that. First, I think it's great expirience for a founder in terms of understanding and learning how to run business. Especially if you manage to grow to ha
by genbit 10y ago
Done that. First, I think it's great expirience for a founder in terms of understanding and learning how to run business. Especially if you manage to grow to have consulting company with employees.
For me main challenge was Focus. Hard to focus team on developing your own product, while also doing consulting.
Bad behaviors:
- lack of focus
- different cash management
- easy to avoid responsibility when 3rd party is involved
- different mindset for employees, bootstrapping startup vs consulting for someone else
I would suggest a founder to first try a different ways to bootstrap/find funds for your startup. If not, then do consulting, save some money, then use this money to work only on startup/idea.