BootStrapMe makes top 100

Filed in archive Bootstrapping Trends on November 8, 2007

I'm very pleased to announce BootStrapMe's listing on John Cricket's Top 100 Business Blogs at Business Opportunities and Ideas.

Though we figured low on the list, 97 in order of each site's Technorati ranking, to have been included at all shows the great importance of bootstrapping to the business community.

Here's why:
• Many businesses start out bootstrapping with outside funding coming only later when a track record/cash flow model have been established.
• The process allows less risk when launching a business because it focuses on using money (cash flow) from your business for expansion and growth
• Bootstrapping sharpens the entrepreneur's thinking process to concentrate on a variety of solutions to each problem.
• The approach focuses on building cash flow and value from day one rather than spending money and running up debt.
• Less expense and overhead allows the bootstrapper to react much more quickly than larger companies to changes in the market

Thanks to Ron McDaniel at Buzzdoodle for pointing out the list.

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