Develpreneur: Become A Better Developer And Entrepreneur

Bootstrapping Success

Informações:

Synopsis

Welcome back to our podcast as we embark on Season 21, episode 8, where we're shifting gears to focus more on mentorship and business discussions. In this episode, Rob Broadhead and Michael Meloche dive into the intricacies of bootstrapping a business. From minimizing costs to managing expenses, they offer insights and anecdotes from their own experiences as entrepreneurs. Getting Started with Bootstrapping Rob and Michael reflect on their early days of bootstrapping businesses and testing niches on a shoestring budget. They discuss the importance of minimizing startup costs and reaching the break-even point. Michael shares insights into balancing side hustles with full-time employment and the hidden costs of transitioning to self-employment. Navigating Startup Costs The conversation delves into the essential startup costs, from basic business tools to setting up a home office. They explore cost-effective strategies for acquiring the necessary equipment, including exploring pawn shops, yard sale