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I love the bootstrapping instinct of the YC community, but $50K still doesn't give you much runway. I've seen several startups struggle because they tried to bo
by jon_dahl 18y ago
I love the bootstrapping instinct of the YC community, but $50K still doesn't give you much runway. I've seen several startups struggle because they tried to bootstrap problems that were too hard.
Here are two suggestions.
First, build something subscription-based that you can finish in about 3 months and 25% of the money. Then support, promote, manage, and improve the site part-time, and get another part-time job. Or sink all your money into initial development, get another job, and manage the site on the side.
Second, build a consulting company instead of a product. A healthy programming/design shop can generate steady paychecks + profits, and you can reinvest the profits in a product. $50K is more than enough to start a consulting company.