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That wasn't at all the problem for me in the first years of bootstrapping. I didn't invest with my own capital, but by putting my spare time into it. Funding wa
by beberlei 7y ago
That wasn't at all the problem for me in the first years of bootstrapping. I didn't invest with my own capital, but by putting my spare time into it. Funding was provided by the early customers. I kept working full time for my previous employer for one year, then part time the second and third year with decreasing hours.
Also now that its running on its own, I also feel that I have less risk, because with a profitable company there is no requirement for growing a specific amount that investors demand or otherwise they take your control away.
- bayesian_horse 7y agoAs I said, this varies from situation to situation. Also, you may be confusing risk with outcome. Your outcome was positive. If your business had failed, at any point, you would have lost any benefit from the work you put in. It's also not quite fair to assume that the time you worked on that project is worth 0 Dollars.