One way to solve the problem is to proceed in two steps. First you hire a bootstrapping team that will help you build the prototype. At this stage, you're look

One way to solve the problem is to proceed in two steps. First you hire a bootstrapping team that will help you build the prototype. At this stage, you're looking for people that will accept low salaries, because that's all you can afford (interships, outsourcing, etc...). Then, with a prototype in hand, you hire a team of A-people that will take it to the next level. Also, moving to a foreign country can be a good way to cut your spendings, I write a post about that recently: http://gregschlom.com/post/2300487726/geographic-arbitrage-hedging-your-risk-as-a-startup http://gregschlom.com/post/2300487726/geographic-arbitrage-h...)