3min chapter

The Bootstrapped Founder cover image

172: Andrew Gazdecki — Building a Sellable Business

The Bootstrapped Founder

CHAPTER

Are You Prepared for an Exit?

I don't understand when people are talking about like, just make, you know, run off the profits for like 20 years or something like that. Because I always ran business apps at break even. So any profit that we had, because I viewed it as an asset. And then I ran it from break even after we had like, let's call it two million in our company bank account. It was profitable within the first like two, three years and grew from like zero to three million in the first two years,. if I'm recalling correctly. Then three to seven and just it grew to a point like faster than we could spend the money.

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