this post was submitted on 28 Nov 2023
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It's not impossible, but it's much harder.
I started my first company with like 100$ to my name. Took over a year to even be able to pay myself, had to do everything myself, no money to hire people etc. Mostly same thing for second co
Third company: I raised few million first and within 3 months we were profitable, hired fantastic engineers and moved super fast getting to billion$ valuation in just 5 years. (felt slow at the time but that was very quick).
So, do you need your own money? No, make sure your idea is good enough with a large enough addressable market to be able to get external financing.