Priority should be to gain superior returns on small investments, which fosters operational efficiency.
Bootstrapped startups should avoid taking credit and loans. They should focus on achieving profitability without the added burden.
During the early stages of bootstrapping, startups should focus on grabbing as many business opportunities as possible and not turn away potential clients.
Bootstrapped startups should focus on building a loyal customer base, even if it means operating at break-even points.
Bootstrapped startups must focus on minimising expenses by leveraging free or low-cost resources such as used equipment and available spaces to support their venture.
Optimise the workforce by recruiting individuals with multiple skills and reward them with performance-based incentive. Avoid Staffing.