Bootstrapping :- Logs from the pits

Over past 4 years I have read lot of blogs and posts who romanticize the idea of boot strapping your startup. The benefits include being owner of your own will and having the flexibility to mould or give direction to your startup the way you want this post even goes on and proves that majority of successfull startups are boot strapped. From my experience, it’s not everyone’s cup of tea. Here is why
1. How much salary cut will you take :- When we started mobisy 3 years back,
2. How long can you wait
3. Others may not respect you
4. How will you keep the team’s morale up

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