English / word
bootstrapping
noun C1MEANING IN ENGLISH
Starting and running a business relying strictly on personal savings or self-generated revenue without external funding.
In context
01
Through careful bootstrapping, the tech company became profitable within two years.
02
Many entrepreneurs rely on bootstrapping to launch their businesses.
Synonyms
independence,entrepreneurship,self-funding
Antonyms
investment,dependency,external funding
Collocations
bootstrapping approach,successful bootstrapping,bootstrap a startup