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

2mo ago

4 replies

Replies

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?

Jul 7

Jeanette Walls @jeanette_walls

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

Jul 3

Stanley Igboanugo @stanley_igboanugo

@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!

Jul 3

Swarna Hebbar @swarna_hebb

Boggl.ai-Your Voice AI Product Assistant

@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!

Jul 4