Social Icons

Monday, 2 April 2012

The Art of Bootstrapping - Part 1

You wondering 'what is Bootstrapping?' well the answer is not far-fetched. just read on


Bootstrapping is the act of starting a business with your own money or through the use of funds from family and friends. its the technique of starting a business on a little resource and using other peoples resources whenever possible.


If you are going to bootstrap, start a business with;
a) A small up-front capital requirement.
b) Short sales cycles.
c) Short payment terms.
d) Recurring revenue.


Start that that dream Business with as low capital as possible and watch it boom in the long-run. 

No comments:

Post a Comment

 
Blogger Templates