Bootstrapping My Startup: Life On A Budget
I've decided that I will not leave my full-time job until my startup is funded. By Brittany Haas (Founder, Happily Ever BorroWED)
As I meet with more and more potential investors, I know the first question is "Why are you raising X dollars? What does it go towards?" The underlying and sometimes second question is "What will you pay yourself?"
I was watching an episode of "Shark Tank" a few weeks ago, and one of the people pitching COULDN'T answer that question. He said "I'd be comfortable making 6 figures." Yes - well wouldn't we all. However, #startuplife is not about 6 figures. It's about bootstrapping, it’s about drive, and mostly it’s about budgeting.
... Read More...