The term bootstrapping refers to the practice of bartering rather than buying with cash or credit.

Question

Quizplus · Accepted Answer

Bootstrapping refers to a business strategy of starting and growing a company with little to no external funding, often by using personal savings, borrowing from friends and family, or using revenue from the business itself to reinvest in its growth. It does not necessarily involve bartering instead of buying with cash or credit.

The Term Bootstrapping Refers to the Practice of Bartering Rather