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King
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Well Eneo…the ‘article’ covered the basics and probably offered nothing new (as it is all covered with ongoing regularity in various threads), except perhaps some link dropping (they are no-follow by the way).

I think that bootstrapping is a term that is not commonly used in Australia…after all you either get the money from the bank or you self-fund – unlike in the USA (where the term comes from) where venture capital is the norm. But even in the USA, bootstrapping is about running your business by the financial skin of its teeth, not knowing where the next dollar is coming from and not knowing if the bills will be paid week to week.

There are some really good yarns out there by some Americans who share their stories (ranging from downright scary to totally inspirational.