99% of successful start-ups are bootstrapped. The news coverage for VC funded companies is vastly out of proportion with the coverage of successful bootstrapped businesses. Business books (and advisors) tend to reflect this bias too. But less than 1% of businesses across the world receive funding. What if 99% of entrepreneurs are taking the wrong advice? BRAVE Bootstrapping shares the practical tips, tactics, and methodology used to successfully bootstrap and scale a global technology business.
BRAVE BOOTSTRAPPERS ARE: Bold Resource Aware and Impact Focused Action oriented Value driven – creating long-term value for customers and employees Evolving – growing and improving in a sustainable way
A proven and practical approach BRAVE Bootstrapping is written by SnapComms’ co-founder and former CEO Sarah Perry. SnapComms is a bootstrapped software business with over 1.6 million paid users in 75 countries (and still growing).
“Too many entrepreneurs are developing business plans with obtaining investment funding as a critical element. Many don’t realize there is another way. For the 1% that do get funded, it’s a bumpy ride. VCs want fast growth and fast exit and often put extreme pressure on founders, employees, and customers to achieve this. It’s time to celebrate and support the bootstrappers”