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I was prepared to vote an unequivocal "YES!" to the question until I clicked through and saw the additional terms regarding contracting. Contracting can be a g
by ryannielsen 15y ago
I was prepared to vote an unequivocal "YES!" to the question until I clicked through and saw the additional terms regarding contracting.
Contracting can be a good gig, but it's also a tar pit. I'd rather not contract. Instead I'd prefer to raise money and focus on developing the company's initial product. Contracting often distracts from the company's true product needs.
That said, I'd rather build a company using the founder's funds with no external funding or contracting distractions. To me, that's true "bootstrapping" and that's the best path for almost any startup to take.
(Of course investors and advisors can offer excellent advice and open up fantastic opportunities, so never completely dismiss the idea of external funding. Almost every company that wants to move beyond a "lifestyle business" needs to take on significant funding and begin building a powerful support and advisement network.)