A Conversation about Bootstrapping and Drop Shipping with Andrew Youderian

TMBA290: A Conversation about Bootstrapping and Drop Shipping with Andrew Youderian
Date: 2015-04-16
Link: Tropical MBA
 
Tropical MBAIt takes longer to scale up a business if you bootstrap (instead of getting funding) but there are a bunch of other benefits.
A lot of times throwing money at a problem is not what it needs and you just see the money disappear.
Bootstrapping means rolling with your existing resources.
When you really want to watch your company grow plow money back into product development.
Long term a brand is going to be most defensible with Amazon eating the ecommerce world.
Use discourse for forum software.
It is important when somebody comes into your community to buddy them up with somebody.