Bootstrapping refers to growing a business using personal savings, revenue, or reinvested profits instead of relying on outside investment. Entrepreneurs who bootstrap maintain full ownership and control, but often need to operate lean, make strategic trade-offs, and scale gradually. This approach encourages efficient spending, resourcefulness, and creative problem-solving. Many successful companies began by bootstrapping before later seeking funding or continuing independently.
Glossary · B
Bootstrapping
Building and growing a company using personal savings or internal revenue rather than external funding.
More terms starting with B
- BacklogA prioritized list of tasks, features, or bugs waiting to be developed or addressed in future sprints.
- BacklinkA link from one website to another, often used by search engines to measure a site's authority and relevance.
- Beta releaseA pre-launch version of a software product released to selected users for testing and feedback.
- Bug trackingThe process of identifying, documenting, and managing software defects throughout the development lifecycle.
- Build automationThe practice of automating the compilation, testing, and deployment of software to reduce manual work and errors.
- Burn rateThe rate at which a company spends its available capital, typically measured monthly, indicating cash flow sustainability.