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Underrated comment. I have nothing against bootstrapping but a business that you can’t easily sell or get away from, where you have no leverage on or ability to
by zemvpferreira 7y ago
Underrated comment. I have nothing against bootstrapping but a business that you can’t easily sell or get away from, where you have no leverage on or ability to fully delegate is closer to being a job than it is a business.
- goatherders 7y agoSomehow my original comment got downvoted, which is bizarre. I can only guess it offended someone that thinks "creating work = creating a business." There is NOTHING wrong with creating work for yourself if you get paid for it. Half of my time is spent consulting and that is not a sellable or delegateable "business." It's me selling my time. Lots of people do that and it is fine. But starting a venture where you keep your arms around all of the critical tasks is not building a business. A business is a set of systems and processes that can be performed, managed, and recorded without reliance on a single individual.