TMBA 634: The ‘Downside Protection’ of Investing in Bootstrapped Businesses
Tropical MBA: Entrepreneurship & Founder Lifestyle
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The Stairstep Approach
The stairstep was a concept i came up with in order to speak at d c p in 20 14. The idea is not to look around at all the successful interpter and say, wel, that person is doing an eight figure business. And so really i broke it down into three steps, like step one, start with a small business,. Start this relatively small thing on the side while you work a day job or free lance. Try to build that into thousand, five thousand dollar a month revenue stream. Then repeat step one until you have enough small businesses that you can buy out all your own time. You're essentially self funding your angel investing yourself.
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