Decoding the bootstrappers
They have distinct traits which have helped them stay away from external equity without compromising growth
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Prefer us on GoogleLast Updated: Aug 07, 2017, 06:02 IST1 min
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Illustration: Chaitanya Dinesh Surpur
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- The bootstrappers have identified niche, less capital-intensive business segments that generate strong cash flows
- They stick to their core business and avoid unrelated diversifications
- They plough back a larger proportion of profits into their business
- The Bootstrapped Bosses have a long-term vision with a strong aversion to living ‘quarter-to-quarter’. Hence they abhor external equity
- They prefer organic growth
- Manage their debt better
- Are not over ambitious and are happy with an industry- level growth
- Handle business cycles better
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First Published: Aug 07, 2017, 06:02
Subscribe NowA journalist for 18 years, I have been writing on business with special focus on automobiles, commodities and management. Corporate stories are my forte but that has not restricted me from writing on
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