[codingdave]

You build slowly, and make sure that every business transaction is profitable.

This is the exact opposite of VC-funded where they build fast and don't care if they are burning their runway down because they either grow fast enough to make up for it later.... or they don't and they shutdown.

Most "startup school" style content assumes the VC path, so there is rarely even any talk about having a core profitable transaction at the heart of your business model, but truly, that is the key to bootstrapping.