What Does Bootstrapping Mean In Business?

What Does Bootstrapping Mean In Business?
Share

1 Answer

  1. Bootstrapping refers to building something from nothing, not technically nothing but yes starting from level zero where an entrepreneur does not have outside cash or other support launches. They just enter into building a business with personal savings, the cash coming in from the first sales and yes luck!
    Bootstrapping is a computer process and the word bootstrapping has come to be used for a variety of other self-starting processes. It describes the creation of complex software programs in successive and interdependent stages. The term “booting up” for starting up a computer’s operating system may come from bootstrapping.
    Watch the video below to get a better understanding.

    • 0