Startups are a marathon, not a sprint. How can a bootstrapped startup survive a marathon?

Question

Accepted Answer

Absolutely! Bootstrapped startups need to be resourceful and focus on lean operations. Prioritizing MVPs  optimizing for efficiency, and building a strong financial runway are all crucial for surviving the long haul

Gurkaran Singh · Answer

Surviving the startup marathon on a bootstrap budget is like running a race with a shoestring tied around your sneakers – challenging, but totally doable with determination and some fancy footwork! How about we lace up those entrepreneurial shoes and sprint towards success at a steady pace?

Stanley Igboanugo · Answer

@jeanette_walls You're on point!

It's scary how many startups ignore this and go ahead to fail, even well-funded ones.

There's this crypto startup that just crashed in Nigeria - Mara. They raised over $23 million and blew it all on ridiculous marketing campaigns, huge salary fees and BS. And they did all this without having released an actual product. Insane stuff!

Raising $23 million as a startup in Nigeria is incredible. But to go and blow all that away... sheesh!

Swarna Hebbar · Answer

@jeanette_walls @stanley_igboanugo thanks for your inputs! And whoa, that is a crazy story!
What would be your advice when it comes to putting money into marketing? Frugal ways don't seem to be enough when the competition is so fierce!

Startups are a marathon, not a sprint. How can a bootstrapped startup survive a marathon?

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