Over the years I have “boot strapped “on a number of occasions both personally and professionally. Boot Strapping is defined as: a self-sustaining process that proceeds without external help. However I prefer to refer to it as:
“Eating what you kill”
It is during these times of watching every dollar that market leadership muscles are developed.
The question I have is; are we doing a disservice to our future leaders when we do not require them to experience the rush (and often pain) of bootstrapping?
Boot Strapping builds a unique appreciation for strategically balancing business decisions today that provide immediate return, as well as investing in your organization for future market leadership.