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| Mar 01, 2006 6:46 pm |
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re: Which Bootstrapping method makes the most sense? |
Robert Johnson
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Travis:
It is very difficult to create a company with virtually zero capital or cash flow. Most talented professionals (including those who write code for a living) are in business (or working for someone full time) and expect/ need to get paid for their services.
As to your 4 options:
1. In addition to creating another possible competitior, you may place yourself in a delicate position regarding "intellectual property" including customer lists, customer requirements and other things.
2. AS you said , finding engineers who will work for equity takes a lot of time. It can be very expensive and generally creates a very different relationship between you. (ie they are more partner than employee or contractor!
3. You've already expressed your opinion and feelings about "giving up" equity.
4. So therefore - if you want to move forward faster and can make more in a job than consulting - then this is the road I would suggest. It can be stressful - but will it be more so than where you're at today?
All the best,
Robert JohnsonPrivate Reply to Robert Johnson (new win) |
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