How patience can pay off at the startup stage
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- Patience pays off—making sure that your business becomes fully developed and profitable through bootstrapping puts you in a better position to seek outside funds down the road.
- You’re forced to get lean and focused—with no option but to succeed on your own steam, you become very efficient at using your resources.
- You have more leverage and control—founders increase their chances of long-term success and autonomy in later funding rounds through restraint and discipline early on.