4min chapter

The Bootstrapped Founder cover image

166: Daniel Vassallo — Building a Portfolio of Small Bets

The Bootstrapped Founder

CHAPTER

The Risk of Undercharging a One-Time Payment

Roxanne Jones: My only heuristic in general for everything that I've done so far is to slightly ill on undercharging. She says people overestimate the amount of money they can make by forgetting how much expenses they actually have in the future, right down the line. Jones: You can start with something generous, like at least one on the table and then optimize later.

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