Episode 525 | A Bootstrapping Artifact from 2005
Startups For the Rest of Us
Rob Walling
4.9 • 819 Ratings
🗓️ 1 December 2020
⏱️ 27 minutes
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| 0:00.0 | Welcome to this week's episode of Startups for the Rest of Us. I am your host, Rob Walling. |
| 0:04.4 | I'm trying something a little different this week. I came across this really long email that I had sent about 15 years ago, |
| 0:11.2 | and then an ensuing email thread talking about software products and really talking about me acquiring this product. |
| 0:20.3 | If you're familiar with it, it was |
| 0:22.2 | really the first product that I made any substantial revenue from. And what's interesting about this, |
| 0:27.9 | well, there's a couple artifacts of that time, phrases and companies that you'll hear me mention. |
| 0:33.6 | But what I think is even more interesting is just to see the mindset of where I was at. |
| 0:38.6 | And I would say kind of where this space was 15 years ago and the thinking and just how |
| 0:44.0 | nascent it was and how there were no examples of really being a solo founder and building |
| 0:50.0 | a bootstrapped software company that didn't go and raise funding. And even though my aspirations were |
| 0:55.4 | not large, you know, they were truly to pay my mortgage or to make eight or 10K a month and be able to |
| 1:01.7 | quit consulting, even though that's all I wanted to do, the topic of funding is mentioned several |
| 1:07.0 | times in this thread as we try to iron this out. To give you context, this email was to |
| 1:12.4 | a friend of mine who was also a longtime colleague and who I had done a ton of consulting work for. |
| 1:18.2 | He had run an actual, like an agency, a consulting agency during the dot-com boom and then had |
| 1:24.7 | pivoted that when everything crashed into basically a remote agency. |
| 1:28.7 | You know, and this is 2001, 2002, and it was just a remote group of developers. |
| 1:33.9 | There were only a few of us that he was keeping busy, but we were contractors and I was able |
| 1:38.5 | to work from home for the first time in my life. And that was super game changing for me. |
| 1:42.4 | I was able to set my own hours for the most part. |
| 1:44.6 | And for him, I was respected his sales chops and he just was a person who had business acumen. |
| 1:50.5 | I did not grow up knowing people who had business acumen, who knew how to market, who had |
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