Why Bootstrapping is Better | Andrew Butt from Enable

Published: May 12, 2021, 11 a.m.

When just beginning a startup, if an offer was made for a million dollar investment, most people would probably take the money. That\u2019s understandable. The blood, sweat, and tears of scraping along on your own dime is not a choice one would elect if another option existed. 

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But taking the money could be a terrible mistake, according to Andew Butt, the co-founder and CEO of Enable. \u201cBeing venture funded too early can result in spending a lot of capital before there's any proof points,\u201d he says. In his early years, he ground it out, and he says it made his company stronger. 

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Today, Enable helps companies manage complex B2B deals and has changed the way many leading brands do business. On this edition of Founders Journey, Andrew talks about how he went from building software for other companies to following his dream of building his own, and how and when he eventually knew it was the right time to finally go after that funding.