Bootstrapping a start-up, without quitting your job immediately
On a regular day when you are busting your butt off at work, or over the weekend when you are drowning yourself in your favourite poison after a long and difficult week at work — and then it suddenly hits you. You have an idea which can solve a problem and grow into a sustainable business, or get you a profitable exit. Your AHA moment!! Source HOW DO YOU BOOTSTRAP A NEW BUSINESS WITHOUT TAKING A MASSIVE FINANCIAL HIT? You’ve been bitten by the entrepreneurial bug and your days as a salaried employee could be limited. The next obvious thing for you is to figure out how to start building your business, without quitting your job. Based on my personal experience of bootstrapping a startup 12 months ago, here’s what you should follow: Start with figuring out how much money you are going to need for all your necessary personal expenses (essentials, rent / EMI, travel, etc) for 12 months (or 18 months or 6 months, depending on how long you want to try out and risk before tak...