Thread: Bootstrapped, Profitable, & Proud

I found this while i was looking for inspiration. 24 articles about companies that have over one million dollars in revenue, didn't take Venture Capital and are profitable. Pretty interesting!

37signals: Bootstrapped, Profitable and Proud

My favorite from the interview with Kentico Software:

"What advice do you have for someone considering starting a business?"

"You will find many opportunities on the existing markets where customers do not get what they need or get a poor service. Figure out if you can do it better and if you is can build a profitable business model around it. Once you’re fully convinced this the thing you want to do, go and do. Don’t waste your time with hundred-page business plans and presentations for VCs. Just do it."


Pretty much sums it up!

Love this one as well. Turning down $38.25M in VC

Terry Jackson, CEO and founder of Admoda, had this to say, “Well, we did consider the traditional N step business plan of startups in the tech sector. But, in the end, we opted for a less-conventional, two-step plan; First, build a profitable business and grow it by re-investing the profits. Second … Sorry, did I say ‘two steps’? There’s just the one, actually.”