
Bootstrap Funding
Bootstrap funding refers to the process of starting and growing a business using its own resources, such as personal savings, revenue, or assets, without relying on external investors or loans. It involves careful management of cash flow, reinvesting profits, and minimizing expenses to build the company gradually. This approach allows entrepreneurs to maintain greater control and ownership while reducing reliance on outside funding sources. Essentially, bootstrap funding is about self-sufficiently financing your business's development through internal resources and strategic financial discipline.