Bootstrapping
December 07, 2013 | | Kris Tabetando | 0 Comment
Bootstrapping is when an entrepreneur starts a business with little to no money. She generally uses her own limited funds and receives no outside financing from any angel investor or venture capitalist.
The main disadvantage is that it usually takes longer to grow the business with limited capital. And if the business fails, the entrepreneur loses all her money. The primary advantage is that she owns a controlling interest in her business. She does not have to answer to investors.
Author: Kris Tabetando
Kris Tabetando provides mergers & acquisitions (M&A) advisory and brokerage services to Internet companies. He also partners with investors to acquire & manage Internet businesses.
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