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If you're in the market for venture capital, Entrepreneur has some advice for you: Get out of the business of being a startup and into the business of being a startup.
It's called " bootstrapping," and it involves leaving the day-to-day running of the company to the founders.
"This provides a distinct strategic edge for entrepreneurs that value long-term vision, cultural unity, and the preservation of autonomy," writes the site's co-founder and CEO, Farhad Manjoo.
Some advantages of bootstrapping, per Entrepreneur: No longer will you have to worry about "immediate profitability, which may not be completely aligned with a company's long-term goals."
No longer will you have to sacrifice "strategic investments in R&D, brand building, or social responsibility programs that contribute to the company's long-term success."
No longer will you have to worry about the "short-term pressures" of venture capital funding: "The influx of capital from VCs allows companies to invest heavily in R&D, marketing campaigns, and team expansion.
VC firms also offer access to their extensive network of experienced professionals in the industry."
No longer will you have to "sacrifice strategic investments in R&D, brand building,
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