Lenny's Podcast: Product | Growth | Career cover image

Lenny's Podcast: Product | Growth | Career

Jason Fried challenges your thinking on fundraising, goals, growth, and more

Dec 17, 2023
0
01:49:38
Snipd AI
Jason Fried, Co-founder and CEO of 37signals, prioritizes profit and explores bootstrapping. They discuss challenges with raising venture capital, the 'Shape Up' framework for building products, fostering a gut-driven culture, and advice for starting a bootstrapped business.
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Podcast summary created with Snipd AI

Quick takeaways

  • Bootstrapping allows entrepreneurs to focus on making money and building a profitable business instead of seeking large investments.
  • 37 Signals prioritizes profitability over seeking outside investment and has achieved significant success and a fulfilling work environment.

Deep dives

Importance of bootstrapping for entrepreneurs

Bootstrapping allows entrepreneurs to increase their money-making skills and gradually improve their business. It is an alternative to the conventional "go big or go home" mentality of raising large amounts of money. Bootstrapping offers more room for success and building a profitable business by focusing on making money rather than seeking unicorn status.

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