Posted tagged ‘bootstrap’

Bootstrapping, the chicken and the egg

October 14, 2011

How much bootstrapping is needed before being able to have a product capable of providing the cash flow needed to run the company? It seems that coming out for the chicken-and-egg recursion is quite tough. Developing the product takes time but bootstrapping also requires lots of resources that lower the priority for the product.

The obvious answer to the question above would be to use the time needed for the development of the product to maximize the impact of the tasks to be completed and tune these tasks so that the result is the sought-after minimum viable product. (more…)