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Bootstrapping or self-funding your business?
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?
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Verlie Grover
What's one piece of advice you'd give to someone considering the self-funding path for their startup?
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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.
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