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I am a co-founder and when I bootstrapped my company we made a pact to make sure the startup had to support its own weight. It had to pay its own bills. It had
by electic 14y ago
I am a co-founder and when I bootstrapped my company we made a pact to make sure the startup had to support its own weight. It had to pay its own bills. It had to grow its own customer base. It was a person.
Everything we did, everything we made, everything we said, everything we coded, made the startup stand on its own feet. Granted, things change after series A but I say this because if you find yourself using your own credit cards, your own savings, then you need to think different.
- lmm 14y agoWhere did you get the money from to start it? No-one's going to buy anything from a startup that does nothing, and doing anything means at a minimum some labour (and usually buying some stuff as well). Unless you're very well-connected, if you're not investing yourself why would anyone else do so? If you happen to be wealthy already then great (I suspect most successful startups are founded by children of rich families), but if not your choices are either spend time acquiring money to put into it, or use the money/credit you have.