Bootstrap for Slow-Growth or Raise Equity to Accelerate

Posted by CFOWISE under Raising Capital
From http://www.cfowise.com 4953 days ago

There is a lot of talk and content on the Internet about bootstrapping. This article looks at one scenario and why bootstrapping will actually be better than raising a bunch of money!

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Written by ShawnHessinger
4946 days ago

Of course, the bootstrap approach doesn't necessarily mean slow growth, Ken. I don't know the particulars of this specific business so maybe it is unwise to make a comment. However, I would argue that a bootstrapped business could grow quite rapidly, maybe more rapidly than a more funded firm. Why? simply put, a small bootstrapped entrepreneur can be more agile and maneuverable and without needing to check with investors can alter course to take advantages of new opportunities. This could be the key to very rapid growth.

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