"Be Resourceful" The Inventive Journey Podcast For Entrepreneurs w/Dan Bauer

Bootstrap. It's incredible what you can think of and come up with limited resources. Giving away equity and bringing in a partner soon. I find that these create more problems than they solve. Getting outside funding. Borrowing heavily to launch a business, I think, is a mistake. Scaling it down to the point that you control it, you don't owe anyone anything makes you very resourceful and creative. I think ultimately you will grow the business faster and bigger that way. So, running lean. Keep all expenses variable. Use contractors, not employees. And delay in-fact avoid partners if you can.