Bootstrapping Techniques For Startups
The term bootstrapping came from the 19th-century expression “to pull oneself up by one’s bootstraps,” which meant doing an impossible task. The earliest that idiom appeared was in 1834 in the Working Man’s Advocate. By 1922, bootstrap as a metaphor was found in the James Joyce novel, Ulysses, meaning to better oneself by one’s unaided efforts. The term eventually evolved to mean being self-sustainable or proceeding without external help. In the present day, bootstrapping is a general term and practice associated with creating businesses that rely on their resources and earnings. Startups, for example, take pride in telling that their operations are bootstrapped. Consequently, bootstrapping techniques for startups is a popular and valuable topic of discussion associated with creating and running startups.