The primary cost in a bootstrapped technology startup is the labor of the founders. I define labor as the focused time applied to the business. Accounting for labor is ill-understood by most founders. If one treats time as cheap, the focus is on “going to the wall” for one’s business, which leads to lots of activity.
Value Your Time - and Judgement!
Value Your Time - and Judgement!
Value Your Time - and Judgement!
The primary cost in a bootstrapped technology startup is the labor of the founders. I define labor as the focused time applied to the business. Accounting for labor is ill-understood by most founders. If one treats time as cheap, the focus is on “going to the wall” for one’s business, which leads to lots of activity.