Once the wave of exuberance over starting a new bootstrap business passes giving way to a lot of hard work accompanied by occasional disappointment, it’s time to take some serious stock.
Unlike the funded model, there may not be any big checks in your immediate future to solve some of your major problems (like having neither the time nor money to do all the things you’d like to do from day one in your business.) This presupposes, of course, that you’re bootstrapping for the long haul not just long enough to get backing.
Remember, whether you eventually take funding for your company or not, most of the principles below apply, either when trying to start a business from nothing or when making due with whatever funding you are able to raise.
Here is the list of bootstrapping tips.
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