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The reason why you don’t hear these stories is because no one making meaningful money as a bootstrapped founder wants to invite unnecessary competition. Take a
by tchock23 3y ago
The reason why you don’t hear these stories is because no one making meaningful money as a bootstrapped founder wants to invite unnecessary competition.
Take a look at any sub-reddit related to entrepreneurship. The minute someone even hints they are making a lot of money in some area you see multiple replies asking about the product, niche, etc. People will clone what works. Why would anyone create that kind of exposure if they didn’t need to?
[Edit: just read the rest of this thread and there are three people asking the $4 million guy how he did it, so I guess point proven?]
- gnicholas 3y agoYes, there is curiosity. I'm not sure if that proves the point that one would not want to reveal details about the business, or if it indicates that perhaps the commenter's claim strikes many people as somewhat outlandish, or at least rare. I'm sure there are some folks out there clearing $4M/year with their bootstrapped business. But I'm also sure there are folks out there who tell tall tales on the internet.