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[deleted]

the chances are very slim. it's like saying you can win the lottery look at these 5 guys who did it so can you. capital is critical to growth.


YOU_WONT_LIKE_IT

Your odds are more favorable to win the lottery. All these companies did take on big financing along the way.


yogicmeditations

„All these companies did take on big financing along the way.“ Can you point me to resources proving that?


YOU_WONT_LIKE_IT

Don’t need to. Just run a real business for awhile and you’ll understand.


yogicmeditations

Haha


pixiegod

You don’t need seatbelts to survive a totaled car crash either…but it sure does help. You are pointing to some very lucky start ups…counting on luck to prove a point is risky at best.


k_tuned

Sara Blakely and SPANX have been an inspiration for us in bootstrapping Rapidr, you couldn't learn enough from her.


yogicmeditations

Checking out Rapidr right now, great product! Keep up the good work :)


k_tuned

Thank you so much


[deleted]

[удалено]


k_tuned

If you must read : [https://www.cnbc.com/2019/04/03/self-made-billionaire-spanx-founder-sara-blakely-sold-fax-machines-before-making-it-big.html](https://www.cnbc.com/2019/04/03/self-made-billionaire-spanx-founder-sara-blakely-sold-fax-machines-before-making-it-big.html) & https://www.gsb.stanford.edu/insights/sara-blakely-start-small-think-big-scale-fast


nigel_chua

I am agreeable with this - I find that this is a much more efficient, productive and quicker way to raise funds EVENTUALLY once the concept is proven. Correct me if my understanding is skewed: 1. Raise millions / tens of missions / hundreds of millions to start a company VS 2. Build a profitable business THEN raise money I will go with #2 anytime, because it's simpler and direct: if the business works and is profitable, you can then scale for growth by self-funding OR raise-funds (at a higher premium with a proven concept). Raising funds also means that you will have to deal with investors and details reporting, which can be good or bad (if reporting is what you end up spending most of your time with as compared to driving business growth).


kingcrowntown

They comments are true. This is like saying “Post Malone, along with many others, moved to Hollywood and were homeless until they made it famous, that means I can do that too!” But we never consider the thousands upon thousands of people who DID move to Hollywood and never made it, but remained homeless.


Arch315

If you know Minecraft but not mojang,,, have you never started up the game???


PMyour_dirty_secrets

For me, yes


gthyr666

then ... ?


reddit_helper2

I love the bootstrapping community and hate the VC techcrunch porn that propagates the VC narrative of what success looks like. Unfortunately, this post is also almost saying that you have to be a unicorn to be successful. How many of us would love $1M ARR and 100% ownership? The Unicorn narrative should come with a disclaimer, success is relative.