It is estimated that between 75 and 85 percent of new startups use some form of bootstrapping to help finance themselves.

Question

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Bootstrapping refers to the process of starting a company with personal finances or the revenue it generates rather than seeking external investment. This approach is common among startups, with a significant percentage using it to finance their operations in the early stages due to the difficulty of securing external funding.

It Is Estimated That Between 75 and 85 Percent of New