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TMBA 696: The Current Landscape for Bootstrapped Businesses with Rob Walling

Tropical MBA: Entrepreneurship & Founder Lifestyle

CHAPTER

The Benefits of Being Capital Efficient

Each individual founder or a founding team can do more now than they could five years ago. Bootstrap companies and specifically software are so capital efficient that even by the time you're at 20k a month 30k a month money's helpful. These programming languages that allowed like rails and Python Django allow you to build stuff so much faster and offshore work That really started in early 2000s for big companies, but it was around 2007 8 9 where really it was like wait I can try to offer for $10 an hour in Eastern Europe or the Philippines.

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