Bootstrapping or self-funding your business?
Germán Merlo
13 replies
It may sound like the hard way, but it's increasingly becoming a viable option for entrepreneurs. Compared to the traditional route of obtaining venture capital (VC), bootstrapping can offer your business a range of advantages.
Unlike VC funding, bootstrapping allows you to maintain complete control of your business, limits financial risks, and requires less paperwork. Bootstrapping is also a way to keep costs down, experiment more quickly, and scale in a more efficient way.
Try this self-funding approach and unleash the full potential of your startup!
Your thoughts?
Replies
Chris Lester@chrislester
Bootstrap gang
Share
What's one piece of advice you'd give to someone considering the self-funding path for their startup?
NotesNudge
both have their merits.
bootstrapping’s tough, but it keeps you in the driver’s seat, full control.
less financial risk, less red tape compared to VC money.
it’s about being lean, experimenting fast, scaling smartly.
sure, it’s challenging, but it can be super rewarding.
anyone here bootstrapped their business? what was your experience like?
would love to hear different perspectives on this. what’s your take? bootstrap or vc?
@shajedulkarim_ I had both sides. As you said, both have their merits. But VC path is like dating. You're looking for add a partner who will have voice in the company at the end.
App Finder
I'm also convinced of the advantages of bootstrapping. I've self-funded App Finder until now and plan to add crowfunding soon, without giving control out of hands.
Bootstrap forever!
Lancepilot
Absolutely on board with the bootstrapping journey! It's like crafting a masterpiece with your own hands, every decision, every pivot is yours to mold. 💪 Less red tape, more creative freedom. It’s a symphony of self-sufficiency. 🎻
@istiakahmad 'with your own hands' is the key here for me! Thanks for answering!
Discover the rich tapestry of Malaysian cuisine at BitesMY, your go-to destination for a delightful food journey. Our menu showcases a variety of authentic flavors, from the aromatic Nasi Lemak to the savory Char Kway Teow, offering a taste of Malaysia's diverse culinary heritage. At BitesMY, we believe in the power of simple, delicious food to bring joy, comfort, and a sense of connection. Join us in savoring the essence of Malaysia, where every dish tells a story of tradition and flavor.
Website Link : https://www.bitesmy.com/
Slang, often referred to as the colorful and dynamic language of a particular group or community, encompasses a vast array of informal words and phrases that deviate from standard language norms. It serves as a means of communication, often conveying shared cultural references, attitudes, and identities. Slang can evolve rapidly, reflecting shifts in social trends, technology, and popular culture. It can be regional, reflecting the unique linguistic flavor of a specific geographic area, or it can be subcultural, emerging within groups such as teenagers, musicians, or internet communities. While slang can sometimes be seen as controversial or disrespectful, it plays a crucial role in fostering a sense of belonging and camaraderie among those who use it. Its fluidity and adaptability make it a fascinating aspect of language, continually shaping and reshaping the ways in which we communicate and express ourselves.
https://slangsdefinition.com/
Picsart mod apk is a modified version of the app that unlocks premium features and removes limitations, providing users with a fully customizable and ad-free experience.
https://www.picsartak.com/
Picsart mod apk is a modified version of the app that unlocks premium features and removes limitations, providing users with a fully customizable and ad-free experience.
https://medium.com/@picsartmodap...
PicsArt is a popular photo editing application that allows users to enhance, edit, and share photos with a wide range of tools and features
https://picsartsmodapk.bio.link/