A story of a Well Funded Startup vs Bootstrapped
In Japan, in a soap manufacturing company the soap blocks were made, then wrapped in a wrapping paper automatically on an assembly conveyer belt and finally packed in cartons. Many a times it happened that the wrapping machine wrapped the paper without soap. i.e. you had an empty packet without soap. To rectify this problem the Japanese company bought a X-ray scanner from the US for $60,000 to check on the assembly line whether the container contained soap and wasn't empty. A similar problem happened at Nirma soaps, in Ahmedabad in India.. Guess what they did???? They bought a Bajaj fan costing around Rs.1500/- and placed it on the edge of the assembly line. The empty wrappers, without soaps just blew away!!!