bootstrapping
building a company using only its own revenue, no outside funding
In more detail
1. (noun) the process of starting or developing something from scratch with minimal resources or help from others
2. (noun) in computing, the process of loading an operating system or program into a computer's memory when the computer is turned on
Examples
- 1. The startup succeeded through bootstrapping by reinvesting profits rather than seeking venture capital.
- 2. The computer's bootstrapping process takes several seconds before you can use it.
How to use bootstrapping
Bootstrapping describes beginning an endeavor with limited external resources or support, emphasizing self-reliance and resourcefulness. In business contexts, it often refers to founding and growing a company without significant external funding. In computing, it refers to the automated process of initializing a system. The business usage is metaphorical (derived from the impossible notion of lifting oneself by one's bootstraps), while the computing usage is technical and literal.
Common phrases
- bootstrapping a startup
- bootstrapping a business
- bootstrapping an economy
- bootstrapping a system
- bootstrapping process
- successful bootstrapping
Synonyms
starting from scratch · self-starting · self-made · pulling oneself up by one's bootstraps · initialization
Opposites
outsourcing · relying on external help
Word family
bootstrap (noun, verb) · bootstrapped (adjective) · bootstrapper (noun)
A common mistake
Learners sometimes confuse bootstrapping with outsourcing or delegation, forgetting that bootstrapping emphasizes doing things yourself with limited resources rather than paying others to help.
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