Bootstrapping as a business strategy

Bootstrapping as a business strategy

Bootstrapping is a technique used by individuals in business to overcome obstacles, achieve goals and make improvements through organic, self-sustainable means with no assistance from outside. It basically means to found or start a business using personal assets (such as savings, sweat equity, low operating costs, and fast cash sales turnaround) in the absence of […]

The Last Iceman Strategy – high profit potential but no sure-fire success

A Last Iceman Strategy is an approach for products or industries that come to the end of their lifecycle. The last supplier to survive industry decline has the chance to generate significant profits for a long time. You probably know that much. But do you know where this strategy got its name from? Do you […]