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bootstrapping

bootstrapping

1 5.6
Starting a business with little money or outside help
  • noun
  • /ˈbuːtstræpɪŋ/
  • Jargon
translation icon : autofinanciación
  • Many successful startups owe their early growth to bootstrapping, often relying only on their founders' savings.
  • bootstrapping companies
  • a bootstrapping ethic

Examples

  • Bootstrapping has been our most gut-wrenching choice in building our business.

    Blog text (21)
  • Several companies relying primarily on bootstrapping obtained assured revenue by developing customer relations or partnerships with established firms early on.

    Academic text (2012)
  • Speaking from my own bootstrapping experience.

    Blog text (1)
  • I fully agree with your ideas of entrepreneurship and bootstrapping to achieve this.

    Blog text (1)
  • You're essentially bootstrapping the business with your own capital.

  • Then it's necessary to turn to VC or government funding. Bootstrapping, the fourth funding model, includes personal investments by startup founders and by their friends and families.

    Academic text (2012)
  • Her approach to bootstrapping the project included using free online tools and leveraging her existing network.

  • After several months of bootstrapping, they finally launched their product without any external funding.

Antonyms

60 3.6

Needing another person or thing for help and control

How Self-Funded

bootstrapping
  • Jargon
1 5.6
investment
3.2
venture capital
  • Specialized
32 4.6

Surface Forms

bootstrapping singular

Morphology

bootstrapping = bootstrap (transparent) = bootstrap + ing

The entrepreneurial sense directly follows the common idiomatic meaning of 'to bootstrap' (self-starting with minimal resources).

Etymology

Bootstrapping comes from the image of pulling yourself up by your bootstrap — the small strap on a boot, meaning 'to pull yourself up'. In business, bootstrapping means starting a company with little money or help, so you grow by using your own resources.