Bootstrapping

frockery · #1 11-05-09, 09:11

I am a big fan of LaunchLab which has some great articles for start up businesses, including this one on Bootstrapping your way to success.

Quote:

...bootstrapping is simply starting a business without external funding such as venture capital (VC) funding. The aim is to maintain a strict discipline on cash flow by managing costs very closely and trying to get the company up and running as cheaply as possible.

Many home educators are probably more inclined towards the 'bootstrapping' model as cash is generally in short supply when starting out. I have always used it as frugality comes naturally after all these lean years of home educating.

Lark · #2 06-06-09, 12:45

nice to put a name to what I am doing!

s836apg · #3 19-09-09, 23:03

"The Art of the Startt" by Guy Kawasaki

Recommended

R

Alternicity · #4 16-10-09, 15:51

Bootstrapping is relevant to us too.

Currently 'Reality Check' is about 2' down from the top of my book pile. Thats another Kawasaki title, and 2' is actually quite close to the top