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45 bootstrap ideas from Inc.com (Part 2)

Filed in archive How-to by Shawn Hessinger on July 17, 2006

45 bootstrap ideas from Inc.com (Part 2)
(Continued from the previous post)

Maybe you don't generally think of hiring as a place to save money, but Inc.com suggests:

Keep hiring costs down

Find a recruiting niche

Grow with freelancers


There are even low cost strategies to retain employees without the one thing no bootstrapper can afford, stratospheric salarieslinks. Inc.com suggests:

Be flexible

Share the perks

Offer advancement opportunities

Piggyback on training

Build employee commitment


When it comes to raising capital the magazine suggests:

Tap vendors for credit

Borrow from customers

Borrow prudently from family and friends


• (And, if you can believe it) Ask employees


Check out the next post for more bootstrap ideas.


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