3 ms·

I posted to YC about the bootstrapping aspect of it (at 3am -- it didn't make the front page but contained interesting feedback). Basically, we did it successf

• webwright 18y ago
  It looks like you've built a consulting company. MOST people are talking about product-centric companies when they talk about bootstrapping startups. Having bootstrapped on both fronts, I can tell you that it's literally night and day. Don't get wrong-- bootstrapping a services company is a great accomplishment (my first company was a consulting firm-- I sold my interest in it when it was about your size)... With a services company, you can be profitable tomorrow. When I spun mine up, I made two phone calls and had $95/hr work coming out of my ears (in 1997 FWIW). Voila-- bootstrapped! From that point on, it was just managing headcount and sales pipeline. Of course, the downside is that services companies are rarely valued very highly when you sell them. And they don't scale very well... Recurring revenue is scarce and your a slave to your sales pipeline.