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16min chapter
#088 – Sage Advice (and Reasons You Probably Won't Follow It) from Jason Cohen of WP Engine
Indie Hackers
Building Profitable Self-Funded Business Models
The chapter delves into the significance of self-funding for entrepreneurs, emphasizing the benefits of constraints in generating innovative ideas and business models. It focuses on reaching the $10,000 revenue milestone per founder for bootstrap companies and the considerations for pricing models to achieve this goal. The importance of scalability, annual pricing, cash flow improvement, and making strategic pricing decisions are highlighted as essential elements for building a successful self-funded business.
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