Many entrepreneurs opt to bootstrap their ventures for several reasons:
Control: By not taking on external investors, founders retain complete control over their company’s decisions and direction. Ownership: Bootstrapping allows entrepreneurs to maintain full equity ownership of their business, which can be highly valuable if the company becomes successful. Flexibility: With no external funding pressures, entrepreneurs have the flexibility to pivot or iterate on their business model as needed. Financial Discipline: Operating with limited resources encourages financial discipline and efficient use of funds.