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Bootstrap Mentality: Key Ingredient For Startup Success

YoungUpstarts

Bootstrap was term coined from the computer lingo ‘booting’ which means starting a computer or starting a chain of processes which eventually starts up the operating system. In the startup world, bootstrapping essentially means funding your own venture and not being too dependent on external sources. Spend Wisely. Experiment.

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Lessons Learned: Validated learning about customers

Startup Lessons Learned

First of all, it means that most aggregate measures of success, like total revenue, are not very useful. Perhaps they’ll be able to hire someone especially skilled in the marketing skills needed to find this positioning. People talk about funding funding funding, bootstrapping, etc., And will lead to longer term success.

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