I prefer businesses that can be bootstrapped initially because the constraints (in time and funding) should create creativity. It also means much greater leverage when you want to have those first discussions with potential investors.
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What South African Tech Needs
A big part of entrepreneurship is being creative within constraints and being a South African entrepreneur is no different.
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Founder (Il)logic
I know that I want nothing more than to create stuff and be a founder. I love that regardless (or because of) the journey and I know that I can't be a truly fulfilled individual if I wasn't exercising my founder muscle.
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The 5 Characteristics of Bootstrapping
If bootstrapping isn't a source of funding, what is it then? Well, it's a discipline and a mindset; instead of being a question of funding, it's a framework of how to build - and grow - your business.
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The Real Risk
There's a part of me that believes that entrepreneurship can't be boiled down to a systematic process. There's just too many variables at play at any given time.