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Author: | Bhide, A. |
Title: | Bootstrap finance: the art of start-ups |
Journal: | Harvard Business Review
1992 : NOV-DEC, VOL. 70, p. 109-117 |
Index terms: | FINANCE ENTREPRENEURSHIP MONEY |
Language: | eng |
Abstract: | Raising money has become a disease. Entrepreneurs are wasting lots of brainpower scheming to raise money whereas for the great majority of would-be-founders, the biggest challenge is not raising money but having the wits and hustle to do without it. This article helps to understand what it takes to start a business - and why that is likely to conflict with what venture capitalists require. Starting a business with limited funds requires a different strategy and approach than launching a will-capitalized venture. |
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