Dave offered a number of useful "lessons learned" for bootstrappers. Wowza is bootstrapping a Flash Streaming Server and making headway in the niche of their choosing against Adobe. My three key take-aways were
1. If you are a lone entrepreneur, team up.
2. Figure out how to get it rolling without quitting your day job.
3. Don't "Build to Flip." Dave notes: “if I was dependent upon the sale of this company to some single entity, I probably wouldn’t survive. I would be doing things to sell as opposed to doing things to make sure that the business is around next year and the year after, and the year after.”
There's a lot more there: he has been involved as a founder or the early stages of five startups (two that were intrapreneurial or internal startups at Intuit and Adobe).
Dave offered a number of useful "lessons learned" for bootstrappers. Wowza is bootstrapping a Flash Streaming Server and making headway in the niche of their choosing against Adobe. My three key take-aways were
1. If you are a lone entrepreneur, team up.
2. Figure out how to get it rolling without quitting your day job.
3. Don't "Build to Flip." Dave notes: “if I was dependent upon the sale of this company to some single entity, I probably wouldn’t survive. I would be doing things to sell as opposed to doing things to make sure that the business is around next year and the year after, and the year after.”
There's a lot more there: he has been involved as a founder or the early stages of five startups (two that were intrapreneurial or internal startups at Intuit and Adobe).