bootstrapping RSS

acceleration, bootstrapping, growth hacking, startups -

WHAT IS IT 💡 The term Bootstrapping refers to the process of creating a company with no outside assistance, which means without relying on external cash. Bootstrapping is difficult per se, as it implies that the founder has to start its venture using only its personal savings and without relying on external help. Obviously, that makes creating a company more difficult, as it requires the business to be profitable from the early stages if it wants to survive over time. Besides making it more difficult to grow, bootstrapping also enhances the risk for the entrepreneur, as he bears all the...

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