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Showing posts from November, 2019

What Is Bootstrapping? How to Tell If It’s Right for Your Small Business

Guest Post By Kayla Montgomery from SiegeMedia.com

If you have ever thought of creating a new startup, you most likely already have an idea of what bootstrapping a business means. Bootstrapping basically means self-funding your startup from the start to the finish and reinvesting all earnings back into the business.

Most businesses self-fund their company until their cash runs low, and eventually turning their focus on finding investors. If you are wanting to learn more about how funding works, you can check out our post on what funding is and how it works (explained through pie)

Bootstrapping your business allows you to control every operation of your company, 100%. You are able to be your own boss and implement new innovated ideas whenever you choose too, but at a small price. 

Remember, not thinking about the revenue flow of your business is one of the biggest startup mistakes you can make!


Even though this sounds like an intimidating business model to partake in, it has shown tremend…