Young and Prosperous

Two days ago I posted an article about the time value of money. It was brought up that I didn’t talk about how you can take advantage of this principle for yourself. I stated that rich people stay rich because poor people give them all their money. Well, you can be rich too. It’s pretty [...]

What does “Bootstrapping” mean in business startups?  I would LOVE to hear your opinion in the comments. The little gerbils at Wikipedia say that bootstrapping in a business setting in regards to finances could be: Owner Financing Sweat Equity Minimization of accounts receivable Joint utilization Delaying payment Minimizing inventory Subsidy finance Personal Debt What they [...]