There are many controversial topics swirling at the moment: Bootstrapping vs. Blitzscaling, Concept Financing, Applying to Y Combinator, and Bootstrapping with a Paycheck. In this article, please find links to specific discussions on each of those topics. You are most welcome to weigh in. Remember, Entrepreneurship = Customers + Revenues + Profits; Financing and Exit
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
If you haven’t already, please study our free Bootstrapping Course and Investor Introductions page. You must have read something or the other about Blitzscaling, the hypergrowth phenomenon that Reid Hoffman has been championing: What entrepreneur or founder doesn’t aspire to build the next Amazon, Facebook, or Airbnb? Yet those who actually manage to do so are exceedingly rare. So