Her Ceo Journey

Her CFO Tips: How To Use Bootstrapping as a Financing Strategy During Your Business’s Growth Stage

Informações:

Sinopsis

Most people believe that bootstrapping is only applicable to early startups. However, bootstrapping can also be a valuable financial strategy for businesses in the growth stage. In this solo episode, we learn the definition of bootstrapping and how it’s different from getting outside investment. Then, we discuss the three instances when it makes sense for founders to bootstrap. Finally, we find out seven practical and actionable tips to bootstrap for business growth. With this knowledge, you’ll be able to make the best financial decisions based on what aligns with your purpose. So tune in to this information-packed episode to learn more!3 reasons why you should listen to the full episode:Learn the definition of bootstrapping.Understand when it is appropriate to use bootstrapping for funding business growth.Find out concrete tips on how you can bootstrap your business growth to success.Episode Highlights[01:58] What is Bootstrapping?[02:47] Bootstrapping for Growth Purposes[03:40] Reason #1: Your Social Impact