Re:Bootstrapping to the Extreme (or "Consulting Your Way to ...
by axod on Friday September 05, 2008 @10:15AM
(#295855)
I agree bootstrapping can work well. The term "Bootstrapping" is quite a fuzzy term I think though...
Are these bootstrapping?
* Using your own savings. (Could be thought of as Angel from yourself).
* Using an existing profitable business to fund the new venture.
I think there are many many paths to the same end goal, and of course it entirely depends on what you're making. Servers are cheap - if you're making webapps, what are you going to use a ton of funding for? Hiring more help, but beyond that?...
Of course the best thing about bootstrapping is you can do as you please and end up owning everything :)
* Using your own savings. (Could be thought of as Angel from yourself).
* Using an existing profitable business to fund the new venture.
I think there are many many paths to the same end goal, and of course it entirely depends on what you're making. Servers are cheap - if you're making webapps, what are you going to use a ton of funding for? Hiring more help, but beyond that?...
Of course the best thing about bootstrapping is you can do as you please and end up owning everything :)