BOOTSTAPPING

BOOTSTAPPING

BUSINESS GLOSSARY 2022 SERIES

What is Bootstrapping?

When an entrepreneur founds and builds a business with his own money, or from operating revenue.

Dictionary meaning?

A piece of leather at the back of a boot that helps you to pull the boot on.

Dictionary meaning?

Starting a business with own money is bootstrapping.

Hence......

Advantages?

You are the boss hence enjoy full control

You know in advance how big a step you can take.

You measure the risk more diligently.

Disadvantages?

Huge financial risk

You are not sharing the risk factors hence may find self alone in monetary crisis

Not enough money, hence, grow slow

Few Indian Bootstrap?

ZERODHA

ZOHO

FUSION CHARTS

Few Indian Bootstrap?

Few Indian Bootstrap?

GXPRESS

GRABON

42GEARS