10 ways I am running my current startup differently from the ones before
A thread...
Difference #1
Bootstrapped as against raising money
nearbuy.com was a venture funded company. We raised $43Mn from top investors, but I couldn’t give them a return that I would be proud of. In the process, learning how raising money works but also doesn’t work
My current startup is bootstrapped.
I do not intend to raise money for it.
It has been profitable from Day 1 and that is the way I hope it remains.
From an early age, thinking about money was not encouraged.
It was the unsaid rule that money is important, but thinking about it is evil.
After all, money was the reason behind the fights, the wars, the disagreements.
Now I know, it is not money that is the cause. It is the importance we attach to it, in our lives.
Money is simply a medium of transaction.
When it becomes an emotion, is when it consumes us.
I am not who I think I am
I am not who you think I am
I am who I think you think I am
"She must think I'm stupid"
"They must think I'm petty"
"He must think I'm fat"
Our entire identity is woven around what we think others think of us.
We may never get to know what they think.
Yet we never fail to form an opinion.
And live our entire life, on that opinion of ours