Bootstrapping Small Businesses
The cluster focuses on advice for starting profitable businesses with little to no external funding, emphasizing small-scale, bootstrapped ventures over VC-backed ones, and debating whether low-capital ideas qualify as real businesses.
Activity Over Time
Top Contributors
Keywords
Sample Comments
There's no reason why you need to start with a profitable business that utilizes all your resources; you could always put together something smaller that doesn't take up all your time!
Build your own profit business, no matter how small it is, as earlier as possible.
If you can't afford $800/year, you don't have a business. You have a hobby.
Low margin business without the capital to invest?
"Let's"? Maybe you can start your own company with your own funds and do that?
"The simple concept to remember is: if you need $13M to start this business, it's a business you can't start right now; it's instead an opportunity for larger businesses"True. I should look at the smallest thing that I can do that can provide value and that can somehow pivot into a bank.Good luck with your startup :)
there are lots of ways to start a successful business that don't involve millions of dollars of seed money. you don't have to grow into a multinational conglomerate to be a sustainable enterprise, you know. if you have to huge for your business to make sense at all, maybe you just have a stupid idea. statistically, it is more likely that you are wrong than that you are a zuck-level-genius.
I think you need to ask your self if you are going for a lifestyle business or a fundable business. In terms of starting a lifestyle business I think you should have no issues, and will possibly do well. If you are looking to someday get funding, more than likely its an unfundable idea.
If you can't afford $30 a month, do you really have a business?
Should they? Every business doesn’t have millions of dollars in cash to burn trying to find product market fit. Most start from nothing or personal savings, perhaps partially from the salary of a spouse.When you start a business there’s an expectation that you’re probably not taking a paycheck from it for a few years while you try to attract customers to provide steady cash flow.While doing this, you somehow have to find a way to hire people to help you grow.If it doesn’t work out, the