Amy decides to fund her startup with $100,000 of her personal money, and makes her business profitable in a year with no outside funding. This is an example of:

Name: Amy decides to fund her startup with $100,000 of her personal money, and makes her business profitable in a year with no outside funding. This is an example of:
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Bootstrapping refers to starting and growing a business using personal finances or the business's own revenue, without external funding.

Amy Decides to Fund Her Startup with $100,000 of Her