Common situations for founders who describe themselves as bootstrapped:
- doing consulting work on the side
- living off savings
- having a spouse with income
For bootstrapped companies in the software or SaaS space without employees there should be minimal start-up costs compared to say, opening a restaurant. The real loss is opportunity costs: what salary or equity you could have earned as an alternative.
- doing consulting work on the side
- living off savings
- having a spouse with income
For bootstrapped companies in the software or SaaS space without employees there should be minimal start-up costs compared to say, opening a restaurant. The real loss is opportunity costs: what salary or equity you could have earned as an alternative.