Hey bootstrappers,

>> What it really takes to build a business.

Venture capitalists broke records in 2021.

In the US alone, they invested over $300 billion. 

What would you say to a share of all that cash on the table?

Growing a business without external funding is hard. You have to count each cent and think your way out of problems rather than throw money at them.

But there are advantages… 

You (and your business):

• Stay lean and efficient.

• Decide strategy and direction.

• Survive or thrive on customer happiness (more sustainable).

• Remain agile enough to roll with the punches.

• Retain all equity and proceeds at exit.

Funding often comes with a deadline to achieve stretching growth targets. You seldom have time to switch lanes or explore things you’re interested in. 

It can be growth at all costs. 

Bootstrap, however, and you’re in the driving seat. 

What price would you put on the freedom to build a lean, agile, and sustainable business?

Something to chew over the next time someone offers you a check. 😉

- Chris

Daniel Fayle and Myles Hiebert drew up plans to SaaSify the hospitality industry over beers. Just five bootstrapping years later, their customer comms platform makes $1.3 million ARR.

How to Compete With VC-Backed SaaS: Grow Slowly, Stay Lean, and Change With Your Customers

“When we started, people were nervous about working with us because we were small. Now they tell us how much they appreciate how responsive and personable our customer support team is.”

Akshay Shah built three different SaaS products before finding the one that worked. This year, his fintech platform is expected to hit $250,000 ARR – without a cent of funding.

Offer Your Services for Free and Watch Revenue Soar – How This Founder’s Counter-Intuitive Business Model Paid Off

“Being bootstrapped was the best decision I made because I built something without outside input. I couldn’t have done that with investment. I would have been answering to other people, and I didn’t want to lose my technical or intellectual freedom or the ability to take risks.”

Akshat Chaturvedi got ditched by app stores, screwed over by his biggest client, and yet still had the resilience and agility to develop a profitable, growing app development firm.

Getting Banned From the App Store Didn’t Deter This Founder From Starting a Six-Figure Business

“The positive side is I now have the superpower to convert my or anyone’s visions into reality. Anyone can come up to me with an idea and I will code it, program it, and convert it into a real app.”

“Bootstrapping allows you to move fast, build features like crazy, and set prices that customers love.”

 - Daniel Fayle, Chekkit

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