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I like and use the term "Bootstrapped Business" -> smaller, tight focus on profitability, trying to meet real needs.
by michaelbuckbee 8y ago
I like and use the term "Bootstrapped Business" -> smaller, tight focus on profitability, trying to meet real needs.
- mikeg8 8y agoI agree and use it sometimes too but hearing "bootstrapped" applied to companies outside of tech doesn't feel right. Example: my dad owns a 20 person small business selling commercial doors and hardware - we are in the construction industry. Saying he has "bootstrapped the business" still feels weird. That's when good old "small business" should be sufficient enough IMO. It has a stigma but it shouldn't.
- michaelbuckbee 8y agoYeah, I mean I guess there are more qualifiers I didn't put in there with respect to tech: "Bootstrapped Software Business", "Bootstrapped SAAS", etc.