Are You Chasing Investors Ahead of Customers?

Startups are trying to blitzscale and become Unicorns while the market around is falling apart. In the last 18 months, numerous erstwhile Unicorns have stopped growing and started failing.
Bootstrap First, Raise Money Later is a MUCH better strategy than Blitzscaling with ridiculous amounts of capital. In 1Mby1M, we prefer Bootstrapping early, then raising small amounts of capital.

WeWork, once valued at $47 billion, experienced a dramatic fall. The company’s business model, which involved leasing office spaces and then subleasing them, faced significant challenges despite the $12.8 billion funding. This unicorn failed spectacularly and became a unicorpse.

We are in the Age of AI.

We are also in the Golden Age of Bootstrapping.

MidJourney has gone to $200M in ARR with 11 people.

Lovable, a Swedish startup, has created an AI-assisted SW development product with which you can build an MVP in a month. Lovable agencies are offering fullstack development services for $50-80 / hour.

You CAN bootstrap to $1M ARR.

If you do, you go to VCs as a King, not a Beggar.

Time to adjust the mindset.

Time to switch the negotiating leverage from VC to Founder.

Time to STOP chasing investors ahead of customers.

If you need help in figuring out how to put one step before the other, join 1Mby1M Premium.

The 1Mby1M curriculum teaches a proven Bootstrap First, Raise Money Later methodology.
It works.
Just follow it.
Don’t reinvent the wheel.
There are numerous effective ways to get to fundability.

Are you an entrepreneur chasing investors ahead of customers?

Please explain WHY or WHY NOT in the comments below. Happy to dialogue.