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.
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
GXPRESS
GRABON
GRABON
42GEARS
42GEARS
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