How Real Unicorn Startups Are Actually Built

There are two completely different ways to build a Unicorn: Bootstrap First, Raise Money Later (the 1Mby1M way), or Speculatively Blitzscale. Your probability of success with the first method is much higher. Let’s look at an example.

Women Entrepreneurs Win by Bootstrapping First

Is there bias against women entrepreneurs in the tech industry? Maybe, maybe not. I don’t believe it would hinder you if you stick to the Bootstrap First, Raise Money Later strategy. The media promotes funding as the holy grail. The VCs want you to believe that Entrepreneurship = Funding. No. It isn’t. Entrepreneurship = Customers

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Are You Looking for a Startup Idea?

Are you looking for a startup Idea? Let me give you some notes on my Ideation Methodology.

Chase Customers Instead of Concept Financing

First time entrepreneurs, for the most part, do not qualify for Concept Financing. If you are hitting up pre-seed VCs in search of Concept Financing, you are wasting your time.