Founders' must Let Go !

Founders must Let Go!

Many founders are so attached with their company that they are unable to scale of grow their company fast enough to realize value and take it to greater levels. 

The challenge for the Founders is to grow the company quickly and then bring in professional management and list the company so that the risks are distributed among shareholders plus the company can raise more capital and the founders can de-risk their investment in their company. 

But most times company founders treat their company as the extension of their personality and like a protective parent do not let go and allow it to grow and mature. There are so enamored by their success that they suffer from myopia.

Over the last 20 years I have seen companies similar in aggression and business grow, but I have found companies where founders were willing to take it to a wider investor base and also bring on board more passionate professionals succeed where as companies where the owners have hung on are still dwarfed and have not realized their full potential. 

Let Go to take your company to greater heights!

Are you as a Founder ready to "Let Go" or do you want  your company to clinging to your Apron ? 

Goodbye VC & Angel Investors! Welcome Bootstrapping!

Traditionally start-up Business has always started by fire in the belly by the founders and money from an Angel followed by a VC (venture capital) ;  the cloud is changing this paradigm.
The cloud allows start-ups to validate their business potential and also run a business pilot by financial leveraging on a simple credit card.

Make a little, sell a little, take small steps. 

3M Corporation Creed  

The initial cost of  start-ups are going South as the Cloud offers a medium for building any business quickly, economically and reliably. Once the revenue model is validated the business can quickly ramp up with ease.
Secondly large sales teams are passe,what you need is focused sales team who can leverage on the social networks offered in the cloud, voice communication offered on the cloud, video conferencing offered on the cloud plus not to forget all the software solutions needed by a business for collaboration, execution and customer fulfillment. Finally human contact will be  required with a small sales team, but this will be for closure rather then building the sales funnel.
New start ups are learning to bootstrap their business with no interference from angel investor's or VC's who are  keen on multiplying their money and jumping ship or changing the founding team in times of adversity
Welcome Bootstrapping the future  for start up business and thank the Cloud for making this possible.

This post  is inspired by a conversation with an acquaintance who is bootstrapping a data backup business on the cloud with no borrowings from angels or VC fund managers.