Mario Cardinal

"The real voyage of discovery consists, not in seeking new landscapes, but in having new eyes" – Marcel Proust

Three years later, what did I learn about bootstrapping

Leave a comment

Bootstrap is a situation in which an entrepreneur starts a company with little capital. An individual is said to be bootstrapping when he or she attempts to found and build a company from the operating revenues of the new company.

The untold story behind many bootstrapping is this. You can hardly fund your startup from customer revenues but, instead, from your personal finances. The founders come to the table with more time, more energy and all their savings. In my case, with limited savings, over the last three years, I have generated the cash flow from the part-time consulting services I do on the side.

Bootstrapping using part-time consulting is a real challenge on your personal finance (not to mention energy and health). In general, little by little, you exhaust all your savings. After three years, I am in this situation right now. I need to revitalize my personal savings.

Fortunately, as a DevOps expert it was easy to find a full-time contract. For the Commission de la construction du Québec (CCQ), I will lead a major reorganization of the software release process and testing pipelines. Billing more hours will allow me to put aside money and rebuild my savings.

Author: mariocardinal

I am the co-founder of To-Do Studio, a software publisher offering online collective workspaces extended with automated guides. As an experimenter and an entrepreneur, I like to seize opportunities that emerge from the unexpected. Since 2004 (15 years in a row), I am a recipient of the Microsoft Most Valuable Professional (MVP) award. MVP status is awarded to credible technology experts who have shown a deep commitment to innovation, passion about technology and a strong community spirit. An experienced DevOps and Scrum practitioner, I have spent nearly 30 years designing large-scale information systems. I am the author of the book "Executable Specifications with Scrum" and the host of the Visual Studio Talk Show, a podcast about software architecture.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s