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by jmhyer123
2826 days ago
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I, along with two other co-founders, have bootstrapped a profitable SaaS startup over the last two years while we all three maintained our day jobs. We all have families but have put in nights/weekends to get it where it is. I just made the jump and quit my day job and the other two are just about to do the same. In retrospect, it was a much safer way to start a business because it took much of the uncertainty out of the equation and eliminated the financial stress. It was possible for us because our startup is a SaaS business, not all businesses can be bootstrapped or built with only nights and weekend efforts. I often wished it would go faster and still think we could have been profitable a year earlier than we were but with time being our biggest constraint it didn't happen. That was the tradeoff we made for financial stability. You have to be OK with small successes and slow progress that evolves into a business/product over time rather than one massive sprint to get an MVP ready to ship in a couple weeks/months. |
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