“Bellum se ipsum alet” is the startup equivalent of Bootstrapping. The Latin phrase bellum se ipsum alet describe the military strategy of feeding and funding armies primarily with the resources of occupied territories. The phrase was coined by Roman statesman Cato the Elder, is associated with...
Tag - bootstrapping
Remember: you aren’t in the cool zone.
This is an extremely important habit for any entrepreneur to build – i.e. taking care of one’s finance and always be in the know of runway one has.
keep walking and keep selling.
Bootstrapping isn’t about one’s inability to raise funds – it’s a choice you make. To play the game you want to, by not depending on investor money – but on customer money. That is, you can’t afford to have fancy metrics for customers. But, you just want to focus on building products...
I cried, I failed, I gave up & re-started, Again next day failed & again started , Finally I survived !
You need to come out of the startup zone; which at times becomes a comfort zone if you've done it for a long time. Because you can't continue to solve the same set of problems if you desire to march your way into the growth factory
The optimal number of hands between a bootstrapped company and the customer is Zero. Bootstrappers take the red pill every day with pride and go deep into the rabbit hole to see how deep it goes.
Build a business first, get real customers, show traction and if you are able to keep growing at 20-30% month over month, continue doing so. Self-sustained growth is a real value add for the business.