3 ms·

At what point are you no longer "bootstrapping."? This seems more like 1 year of bootstrapping. Still a good read. I can only imagine the acrobatics OP's stoma

• jonnathanson 13y ago
  On a broad level, "bootstrapping" simply means building and growing a business without significant external investment. In other words, the business is entirely self-sustaining and self-growing. Bootstrapping doesn't mean getting by on ramen and futons, per se, although that's strongly implied in the early stages. Fiscal self-discipline is a nice-to-have in any startup, but it's the difference between life or death at a bootstrapped startup. Achieving a certain level of profitability, and reinvesting those profits in the business, is still bootstrapping. Walmart, for instance, was bootstrapped until the day it listed on the NYSE.