Jason Fried, co-founder and CEO of 37signals, shares his unique perspective on the tech industry, challenging traditional views on growth, fundraising, and success.
With a focus on bootstrapping and profitability over rapid expansion, he offers an alternative path to success in the tech world.
Embracing Bootstrapping
Bootstrapping is a viable path for entrepreneurs who want to practice making money early on.
It allows businesses to maintain control and make decisions based on their own terms rather than being driven by investor expectations.
Profit Over Growth
Fried’s company, 37signals prioritizes profit above all else.
This strategy challenges the conventional tech startup model that often focuses more on rapid growth and less on sustainable profitability.
‘The reason I think it’s great for entrepreneurs to start bootstrapping is because they just have more practice making money. They get better and better at the fundamental skill you need to have ultimately to a successful business which is to make money.’ – Jason Fried
