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  • How to successfully bootstrap a startup ? Launching a Startup on a Tight Budget

    Anton Chereminskiy
    4 replies

    Replies

    Tej Garikapati
    Build it in public. Seek to be profitable from day one. Adapt a business model that focusses on cash flow. Be innovative, minimise spends(this includes hiring). Utilize community focused platforms like product hunt and reddit. Grow a sizeable business. Put profits into ads or Get acquired on Acquire.com, finally you have budget for the next big project.
    Alexey Anshakov
    I apologize for the self-promotion but consider utilizing https://course.wr.io/ or any other course that focuses on your mentioned topic.
    Yannell Selman
    We bootstrapped for a LONG time as we were figuring out what exactly would solve the problem of burnout. We did paid pilots, worked part time, and did 500+ interviews. Today, we launched on product hunt!! App is called Burnout Bot - check us out! Now we feel like we can really deliver value, and that is HUGE for feeling ready for proper VC fundraising.
    Fabian Maume
    I did bootstrap QApop 2.0 and recently successfully exited. A few things help: - focus on channeles which consumes time rather than money: for us posting answers on Quora worked quite well - run product hunt early on with a life time deal to raise funds: https://www.lunadio.com/blog/we-... - leverage affiliate: it is nice that it doesn't have upfront cost. You can check out the product that I'm hunting today for some help on this topic