Bootstrapping involves launching a business on a low budget. Practically this means that you’ll outsource your design and development, you‚’ll rent your servers, you won‚’t have an office and you’ll have no salary. Everything else, you’ll have to pick up yourself and learn as you go along.”

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Definition of "Bootstrapping" by Chat GPT: Bootstrapping refers to starting a business or project with minimal external resources, often relying on personal savings, sweat equity, and creative problem-solving to fund and grow the venture. This approach can help entrepreneurs and innovators to maintain control over their business, avoid debt and outside investors, and create sustainable growth over time. Bootstrapping may involve strategies such as leveraging existing networks, using open-source software and tools, and prioritizing revenue generation over rapid expansion.
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