Monday, June 29, 2009

THE KEY ASPECTS OF BOOTSTRAPPING

By: TimoStevens (2009)


i) Learn to do more with less.

ii) Find another way to get access to what you would otherwise buy or lease.

iii) Conduct your bootstrapping activities in an ethical fashion and with integrity.

iv) Control costs.

v) Reduce your personal cost of living

vi) Know when it is really okay to ease up a little on the bootstrapper’s mindset.

vii) Remember that there is always a way to get things done; your resourcefulness, creativity and tenacity are your only limits.

viii) Focus on income-producing or market-expanding expenditures only.

ix) Understand the difference between wants and needs.

x) Buy (or lease) only what you need today – delay it if you can!

Source: Raising Capital, Andrew J. Sherman

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