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| Name | Bootstrapped Startup Meaning | bootstrapping | Startupbaba #startup #india |
| Video Uploader | Video From startup-baba |
| Upload Date | This Video Uploaded At 08-10-2023 18:34:26 |
| Video Discription | Bootstrapped startup meaning 🌟 - a bootstrapped startup is one that has been started and operational without any external funds. Bootstrapped startups use their own money to start and reinvest in its growth. The founders invest their savings and earnings from previous job/business into the startup. Most common practice such startups follow is a very famous term JUGAAD. It means using the existing resources intelligently to get things running. While bootstrapped startup has its own advantages, it also has disadvantages. Advantages - no pressure from external investors for growth/results or payback, no intrests to pay, no equity to share with anyone, you are the whole owner of profits (after tax ofcourse) Disadvantages - slow growth, without financial backing the startup may suffer or even die in bad business periods, no pressure = no motivation to grow, so most people get comfortable with small profits.. etc Depending upon the Founder and the business, one may decide whether it is good idea to go for Bootstrapping or Fundraising. If you need any help, feel free to connect at startupbaba.in If you like the content feel free to share and like. 🌟🌟🌟Dont forget to SUBSCRIBE the channel @startup-baba 🌟🌟🌟 Your love is my fuel. Thanks for watching and supporting. ❤ Pls SUBSCRIBE and HIT the BELL icon. ❤ #bootstrap #bootstrapping #startups #startupbusiness #indianstartups #entrepreneurship #entrepreneurindia |
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