Processing .....please wait.. 
The article has been forwarded.... 
Five Tips for Bootstrapping Success
By siliconindia
|
3 Comments
Bangalore: What is the best thing that you find being an entrepreneur? The answer will surely be "Independency". Independency from being called as employees, independency to work on own terms, independency to frame a business empire of your wish. However, this independency is possible only when you have bootstrapped your business with no other source of funding either from venture capitalists or from bank or any financial institution. To enjoy this independency, one must know the rules to successful bootstrapping.
Do not Wait for "The" Time
Being a startup, you do not have time to wait for a special occasion to launch your product for the customers. In gestation period your business may not be functioning, however, there are several expenses that still need to be paid off, such as bills, rent and several taxes. Grab the first and the nearest opportunity available to go open and get close to your customers. Try to create a database of such customers who you feel can be a loyal customer and apparently try to convert them to be the one. Accept the suggestions and if viable, take it on hand to adapt it as quick as possible.
