Categories: Product Development
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.”
Definition of "Bootstrapping" by Chat GPT: Bootstrapping refers to the process of starting a business or project with minimal external resources, typically relying on personal savings, internal revenue generation, or creative strategies to fund and grow the enterprise. It involves self-funding and focusing on sustainable growth without significant external investments or debt.
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