When a company is started, unless there is ample financing, often the owner will find himself or herself all alone for a while until sales start picking up and cash flow can support hiring help.
“As a start-up CEO you are the Chief Executive Officer, Chief Executive Painter, and Chief Executive Janitor.” Now, clearly this is not the case if you are backed by venture capital or have enough funds to bankroll a staff. However, many people simply do not have much capital they can invest, do not have access to venture capitalists, or simply wish to avoid going into debt or selling off part of their company.
The above is quoted from Steve’s post from SMBCEO blog regarding Bootstrapping a Company. Check it out to learn more about bootstrapping your business.
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