Archive for the ‘Financial Bootstrapping’ Category

Some startups are fortunate that they are able to run their operations by bootstrapping. In my opinion, it’s not really luck that keeps them going but it is how careful they are with the use of their resources that there are minimal additional costs to the business. Startups who find it difficult to be approved [...]

Let us suppose that you have already started your business by bootstrapping. You know the old adage: Having nothing builds character? When you think about it, it does make sense. Before you started your business, odds are you were just an employee who wanted to break away from that 9-to-5 job you have. Either that [...]

There are a lot of options that startup entrepreneurs have when it comes to funding. Of course, this does not mean that your options would be approved. Two of the popular choices right now are Venture Capital funding or bootstrapping. In an effort to assist startup entrepreneurs, I have gathered some pros and cons between [...]

If there’s anything the recession has taught us all, it is to be a bit conservative on our spending habits. Even big companies find ways to save and small business owners are not spared. In actuality, between the two companies, it’s the smaller enterprise who need to cut costs more than big companies do. You [...]

Businesses nowadays have a lot more choices when it comes to lending. You can try getting loans from banks, VCs, angels and other alternative financing companies especially now that the Small Business Jobs Act is in place. Of course you would need to have good credit standing in order for you to take advantage of [...]

Bootstrapping is fast gaining momentum again since startup entrepreneurs cannot get loans from banks and other investors. Some say it is an art. But for me, it’s more like a way of living. There are many tips and tricks for the bootstrapping newbie and it all boils down to getting your own money (or your [...]

Some entrepreneurs may find bootstrapping to be a challenge while others find it easier and better to do than ask loans from banks and then get rejected. Here is a video on bootstrapping techniques which covers areas from funding your own startup to guerilla marketing.

It goes without saying that before entering into the business industry, the biggest challenge that would-be entrepreneurs face is funding. Between investing in our own business and asking for loan from investors and government agencies such as the SBA, the most common choice is the latter. Why? Because most likely, people are afraid of taking [...]

”A bootstrap business can’t afford to spend too much in advertising. With tight budget and low capital, marketing should be a “do-it-yourself” process so you can save a lot.

”It is possible to make a big business out of bootstrapping, but it is not possible to start big if you are bootstrapping. With a limited and tight budget, you can’t expect your business to start big, the way you dreamed it.