HOW TO START A BUSINESS WITH

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So you tried everything and asked everyone, but nobody offered you a loan? Well, do not despair; others have started businesses in similar circumstances. Starting a business without outside funding is known as bootstrapping.

In bootstrapping, the entrepreneur uses his or her personal savings, overdraft, or bond on their home. Most well-known successful business entrepreneurs like Bill Gates (Microsoft), Michael Dell (Dell Computers) and Richard Branson adopted a combination of personal bootstrapping plans to start-off their businesses. To obtain maximum result, you need to use a combination of bootstrapping options to leverage every opportunity instead of focusing on one option.

Theirs is no uniform ‘Start-up

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