Why Bootstrapping Is Still the Best Way to Startup

[@DillonGraveline]

This is pure gold... Some of the best startup content on KZbin!

[@scotttaylor2860]

100%

[@vincentcaudo-engelmann9057]

Agreed. His book is the freaking bible on this stuff too.

[@imsatyareddy]

This is exactly what we did. Bootstrapped till we hit problem-solution fit and CHOSE to raise funding to hire more people and spend a little bit more on growth.

[@mi6agency922]

Thanks

[@nzinovac7554]

Best entrepreneurial advice I've ever heard 🙌 👏 👌

[@TUSHARGOPALKA-nj7jx]

However, it's not just about external capital. Even though I completely agree, many VC's also bring other resources such as compute credits and free PR activities which can help a startup save costs on many dimensions. However, I do agree that one should first iterate over products, gain some early traction and only then perhaps go for VC funding

[@AshMaurya]

Yes, when picking an investor, asking what else they bring other than money is key. I'd be looking for things like network or channel access that money can't easily buy versus free credits. For perspective, 1% of startup equity at an early stage valuation of $1-10m is worth $10k-100k... so there's nothing like a free lunch :)

[@gogoal_grow]

A vid suggestion for the quote “building an external accountability system” based on Lean Stack’s framework. I enjoy the weekly content and how it all has same theme.

[@meceka3337]

Hi Ash, I'm an aspiring KZbinr. I noticed the way you start your videos with hooks, and it's quite succesful. I wonder, is there any tutorial or guide you watched to learn this stuff? Thanks

[@AshMaurya]

Check out @AliAbdaal KZbin channel. He's got some good videos on his journey and even a course.

[@amorfati4096]

And we never found a co founder

[@ArnoldRowntreeTeachesFusion360]

It’s bad news burning through your investors money and then crashing the business. Bootstrapping is so much safer.

[@AshMaurya]

And you’re the master of your destiny until you pick the “right” direction to sail toward.