When someone asks me for the best way to fund a startup, I always say bootstrap it, meaning fund it yourself and grow organically. Bootstrapping avoids all the cost, pain, and distractions of finding angels or VCs, and allows you to keep control and all your hard-earned equity for yourself.
A few years ago I interviewed a serial entrepreneur, Rich Christiansen, who has done almost 30 businesses wholly by bootstrapping. He published a book with Ron Porter, titled “Bootstrap Business”, that provides a wealth of practical examples and advice on this subject.
To read the original article: Startup Professionals Musings: 8 Secrets for Maximizing Startup Equity and Control
