There are several reasons why an entrepreneur might choose to bootstrap their business:
Control: By avoiding external investors, founders can maintain full control over their companyâs direction and decision-making processes. Equity Preservation: Bootstrapping allows founders to retain more equity in their company, which can be beneficial if the business becomes highly successful. Financial Discipline: Operating with limited resources often forces businesses to be more efficient and focused on profitability from an early stage. Reduced Risk: Without the pressure of repaying loans or meeting investors' expectations, bootstrapped businesses may face less financial risk.