Catch them on a good day, and we suspect that many an entrepreneur would say that bootstrapping a business is like a bowl of cherries, pits and all. Leaving aside the independently wealthy, that more traditional approach may destine the enterprise to slower, bounded growth. A lifestyle business. One that’s likely to yield more pits than flesh early on, but that with the right mix of hard work, pivots and luck can be fruitful in the long run.
Nasty, brutish and short might be what you hear of startup life from founders who took outside investment. Not all of them. Not all of the time. But, we bet they skew more that way on the spectrum than do the lifestyle-istas. What would you expect? Take on an angel investor and there’s one more mouth to feed. Take on venture capital and it can be a vicious, gaping one.
Join the Innovation Blab in a conversation with Thomas Collet, a serial entrepreneur who’s on his seventh startup. Would Thomas describe his experiences as bowls of cherries or nasty, brutish and short? Listen to today’s episode and you may find out.
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