A note from Sary

Bootstrapping is the art of building and operating a business without funding. Don't assume that the only way to create a successful business is by raising millions of dollars of venture capital--it's not true. By limiting yourself to the use of personal cash, personal credit, the business'$ revenue, and a little ingenuity, you can build successful businesses without seeking funding at all. My business operates via a checking account, a savings ac-count, and a business credit card, and I like it that way. For best results, Bootstrap as far as you can go, then move up the Hierarchy of Funding only as needed. Having 100 percent ownership and control of a profitable, self-sustaining business is a wonderful thing.

Sary The Personal MBA, page 210 · November 5, 2023 Save to shelf
Notes like this take four seconds in Booksense. Scan the paragraph, it lands on the right page, and comes back for review later. Take your first note

More from readers of The Personal MBA

Sary p. 350

More from Sary

See their profile

Stop losing the best parts of what you read.

Booksense pushes your highlights back to you for review, so a note from page 174 is still yours a year later. Free on iOS.

Sary on Booksense 1,235 notes 212 hours of reading