• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
The Frug: Live Lean. Work Lean. Travel Lean.

The Frug: Live Lean. Work Lean. Travel Lean.

  • Home
  • Start Here
  • The Frug Recommends
  • Resources
  • Archives
  • About

Frugal Business

Bootstrapping Your Life. How a low overhead lifestyle will make you feel 25 years younger.

03/14 by The Frug Leave a Comment

Bootstrap Your Life-001

What is Bootstrapping?

In my work life, I have bootstrapped two companies. Essentially that means bringing them to life and growing them from operating revenues with no outside investment. The biggest advantage of bootstrapping your own company is that you maintain control over decisions without the outside influence of venture capitalists or investors. The downside is the risk to the entrepreneur’s personal finances.

To minimize this risk, bootstrapped startups minimize overhead expenses so that revenues can be put to work efficiently. Overhead expenses for a service-based business could include expenses such as rent, utilities, and insurance. Even as the company grows, profits need to be reinvested and emergency funds need to be established for the inevitable lulls in business, shit storms and occasional outright chaos that comes with the territory. [Read more…] about Bootstrapping Your Life. How a low overhead lifestyle will make you feel 25 years younger.

Filed Under: Live Lean, Work Lean Tagged With: bootstapping, financial independence, Frug Hacks, Frugal Business, live lean, work lean

Primary Sidebar

Sign up for The Frug Mailing List

* = required field

Follow The Frug

  • Twitter
  • Facebook
  • Flickr
  • Medium
  • LinkedIn
  • Google
  • RSS Feed

Categories

  • Live Lean
  • Start Here
  • The Frug Recommends
  • Travel Lean
  • Work Lean

Recent Posts


  • The Freedom of Limited Options


  • How to Banish Worry and be Thankful Everyday.


  • 10 Frugal travel hacks we used for our week in Portugal.


  • Frugal versus Cheap


  • How to Talk Yourself Out of a Boat or RV Purchase, Every Time You Get That Itch.


  • Let’s Clean This Mess Up.


  • This Street is Closed. Travels During a Pandemic 2021 Version.


  • Words That Matter


  • Are you drowning in news and social media content? Here are 8 ideas that will make you smarter.


  • The Case for Getting Outside.

Popular Posts

  • George Carlin - Stuff
    George Carlin - Stuff
  • Most people misunderstand life.
    Most people misunderstand life.
  • “One Man’s Trash”  My 5 year experiment with Craigslist
    “One Man’s Trash” My 5 year experiment with Craigslist
  • Frugal versus Cheap
    Frugal versus Cheap
  • How to Talk Yourself Out of a Boat or RV Purchase, Every Time You Get That Itch.
    How to Talk Yourself Out of a Boat or RV Purchase, Every Time You Get That Itch.
  • 10 Frugal travel hacks we used for our week in Portugal.
    10 Frugal travel hacks we used for our week in Portugal.
  • How to separate wants from needs.
    How to separate wants from needs.
  • Making Deposits In the Bank of Experience
    Making Deposits In the Bank of Experience

Archives

© 2022 The Frug. All Rights Reserved. Live Lean | Work Lean | Travel Lean.