Lessons Learned from Bootstrapping

Small Business Trends has an Article by Tim Berry on the lessons learned after 22 years of bootstrapping:

Last week a group of students interviewed me, as part of a class project, looking for secrets and keys to success. They were asking me because after 22 years of bootstrapping, my wife Vange and I own a business that has 45 employees now, multimillion dollar sales, market leadership in its segment, no outside investors, and no debt. And a second generation is running it now.

Bootstrapping (self-funding your startup) is just one method of Finding the Money to start your new venture. Of course, it always helpful to have a good Business Plan before looking for funding.

This entry was posted on Thursday, June 4th, 2009 at 7:40 am and is filed under Incorporation, New Business Ideas, Starting A Business. You can follow any responses to this entry through the RSS 2.0 feed. You can skip to the end and leave a response. Pinging is currently not allowed.