Comments on: What is bootstrapping? http://www.bootstrappingblog.com/what-is-bootstrapping/ Idea's to make marketing your small business easy Fri, 04 Nov 2011 15:37:52 +0000 hourly 1 http://wordpress.org/?v=3.0.5 By: Mike Smith http://www.bootstrappingblog.com/what-is-bootstrapping/comment-page-1/#comment-66 Mike Smith Thu, 13 Dec 2007 07:14:18 +0000 http://wwwbootstrappingblog.kingmoneyshot.com/11-what-is-bootstrapping/entrepreneurship/#comment-66 I know some people will say that external funding is good to get you off the ground, but in my honest opinion, I would never want to OWE someone money before I knew my business was going to be a huge success. After so much bootstrapping has been done, and you work it out so your business is profiting on a regular basis for a few months to a year, then you can look for external funding. I think it's just safer that way. Again though, thats just my opinion on it all. There might be others who disagree with me :) I know some people will say that external funding is good to get you off the ground, but in my honest opinion, I would never want to OWE someone money before I knew my business was going to be a huge success. After so much bootstrapping has been done, and you work it out so your business is profiting on a regular basis for a few months to a year, then you can look for external funding.

I think it’s just safer that way. Again though, thats just my opinion on it all. There might be others who disagree with me :)

]]> By: Bummer Han http://www.bootstrappingblog.com/what-is-bootstrapping/comment-page-1/#comment-65 Bummer Han Thu, 13 Dec 2007 07:11:58 +0000 http://wwwbootstrappingblog.kingmoneyshot.com/11-what-is-bootstrapping/entrepreneurship/#comment-65 can bootstrappers look for external funding? must it be instant ROI? I see differing schools of thought... can bootstrappers look for external funding? must it be instant ROI? I see differing schools of thought…

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