10 min listen
TMBA 634: The ‘Downside Protection’ of Investing in Bootstrapped Businesses
TMBA 634: The ‘Downside Protection’ of Investing in Bootstrapped Businesses
ratings:
Length:
40 minutes
Released:
Jan 27, 2022
Format:
Podcast episode
Description
Tiny Seed co-founder Rob Walling joins Dan to share insights about why bootstrapped businesses, particularly Software as a Service (SaaS), are becoming increasingly desirable to investors, partly due to the ‘downside protection’ they offer. They also discuss the pros and cons of serving ‘two sided marketplaces’ and why Rob has recently updated his ‘Stair Step Approach’ to entrepreneurship:
“One thing that has changed is that there are a lot more opportunities to do ‘step one’ businesses that are recurring revenue from the start, like Shopify add ons .. If there's already a marketplace in place, it takes a huge amount of complexity off your plate .. it allows you to build the business and then learn the other stuff as you go.”
“One thing that has changed is that there are a lot more opportunities to do ‘step one’ businesses that are recurring revenue from the start, like Shopify add ons .. If there's already a marketplace in place, it takes a huge amount of complexity off your plate .. it allows you to build the business and then learn the other stuff as you go.”
Released:
Jan 27, 2022
Format:
Podcast episode
Titles in the series (100)
Episode 025: TMBA 025 (LBP25) - How to Make Money Online by Tropical MBA: Entrepreneurship & Founder Lifestyle