How many times did you hear the expression I really want to start my own business but where on earth I will find the bloody startup capital? I bet it’s not a few. Yeah me neither.
Of course the conventional logic dictates that almost any startup will require a sizeable amount of startup capital… Isn’t it?
Due to my professional setting I hang around with plenty of young startup founders and as you can understand one of the first questions that I used to ask them is; “did you have any prior capital so as to kick-start this process, or you went bootstrapping (starting up without any capital)?
Please let me leave their exact answer for a while…
But allow me to go back to my initial question, why we hear so often the “but I don’t have any startup capital” phrase?