English · Work & Business

bootstrap

/ˈbuːtˌstræp/

[/ˈbuːtˌstræp/]

start without outside funding

Advancedverb

Definition

To start and build a business using only personal resources, without external investment.

Example

They bootstrapped the company for two years before taking any outside money.

They bootstrapped the company for two years before taking any outside money.

Etymology

From the phrase 'pull oneself up by one's bootstraps'; the startup sense is modern.

How & Where It’s Used

Used in startups and entrepreneurship.

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startupfinance

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