** The lost art of boot-strapping ** If you can better yourself - TopicsExpress

** The lost art of boot-strapping ** If you can better yourself without anyone else’s external help, you’re a BOOT-STRAPPER. As the loan system has become the default means of financing new citizen businesses, boot-strappers have become a lot more scarce. Bootstrappers: - Use today’s sales revenue to finance tomorrows business growth - Avoid unnecessary debt like the plague - Do not spend money on anything which does not touch the customer - Are happy to work in unfashionable parts of town and/or drive old cars in the name of conserving resources - Cultivate the strength of character to solve problems independently, without govt. intervention - Concentrate on making money from Day One, not spending it. Do you think that the prevailing loan/grant system makes it harder for entrepreneurs in BW to practice these habits?

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