Bootstrap Business

Bootstrap Business

A company started with little or no capital. The term may be especially applicable if the company goes on to become successful. For example, one might call Electronic Data Systems a bootstrap business because Ross Perot started it with only $1,000 in personal savings.
References in periodicals archive ?
Once such technologies have been perfected, we can turn our attention to developing a bootstrap business model.
The lean entrepreneur subscribes to a bootstrap business model with rapid product iterations.
What I mean by that is, if you're going to do a bootstrap business, which is the kind I have done--if you have lots of capital, you have other options--but if you're bootstrap, if you have limited capital, you get near a pot where what slops over the edges is big to you but it's small to them.
It's been a bootstrap business from the very beginning," his son said.
The success of the "Pak-Lite" prototype has created a bootstrap business for the Henry family.