4min chapter

We Study Billionaires - The Investor’s Podcast Network cover image

TIP540: Lessons in Life and Business from a Self-Made Billionaire w/ Andrew Wilkinson

We Study Billionaires - The Investor’s Podcast Network

CHAPTER

The Disadvantages of Bootstrapping

I saw a tweet from our friend Alex over at Morning Brew the other day and he said, Scrappiness is a gift and a curse. It's hard to be strategic sometimes when you're so reactive on the bootstrapping path. What I ended up realizing over time was that I was limiting my businesses by not investing in R&D or buying capital assets. We see a lot of that and I really empathize with it because I've been there.

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