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161: Calm Business Misconceptions
The Bootstrapped Founder
The Three Myths About Early Revenue
Myth number three that I found is that early revenue hinders growth. And focusing on revenue early does not hinder later growth. VCs pressure their founders so much to capture whole markets and dominate them. They need one successful business to pay for the expenses of dozens, sometimes hundreds of unsuccessful bets. Calm businesses don't buy into that stressful kind of relationship. Their leading investor is not a fund. A calm business is customer funded, users pay money,. That funds the operations and the growth of a business. The early revenue even just allows for growth in the first place.
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