Wednesday, 29 August 2012

How to start a business with your own money

Boot in Profits: How to start a business with your own money

"There were others who had forced their way to the top from the lowest rung by the aid of their bootstraps."

When Irish author James Joyce penned this in his novel Ulysses (1922), did he know that bootstrapping, which means rising on one's own efforts and resources , would be more commonly used to describe the adventurous journey of a tribe of entrepreneurs.

As an increasing number of people want to be their own masters, new businesses come into existence. The Internet, being receptive to fresh ideas, is a fertile ground for experimenting with innovative products and services. Entrepreneurs are putting their ideas to test in the real economy of the virtual world; many turning those into successful businesses.

If you have an exciting idea that can be converted into a successful business, you don't need to depend on angels and venture capitalists for funding. Bootstrap, or start a business with your money.

Read the full story