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Chapter 5: Making Financing, Ownership, ... > Using Your Own Money: Bootstrapping

Using Your Own Money: Bootstrapping

If your small-business start-up is like most others, you probably won’t utilize outside capital, so bootstrapping will have to do. But don’t worry; you’re in good company.

Inc. magazine annually publishes the Inc. 5000, a list of fast-growing private companies in the United States. A recent survey illustrated the sources of original financing from those Inc. 5000 companies. Table 5-1 lists the results of that survey.

Table 5-1 Where Inc. 5000 Companies Got Their Original Financing

Resource

Percentage of CEOs Who Tapped the Resource

Self-financed

82%


  

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