Bootstrapping

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BOOTSTRAPPING

By Eliesa . Ping Her . Nasreen . Ihsan .


BOOTSTRAPPING IN
ENTREPRENEURSHIP?
The process of launching and growing a
business without external help or capital
BOOTSTRAPPING ?
A method to raise capital
Starting a company with only a little to no
assets.
Rely on personal savings, sweat equity, lean
operations, quick inventory turnover & a cash
runway.
Take preorders for its product.
EXAMPLE
KFIT is a fitness-sharing platform.
Allows users to discover and book fitness classes
and activities

Initially they use bootstrapping approach to start


the platform, get users, and expend their services in
many Asian countries

Relied on revenue from bookings and partnerships


to grow without heavy external funding
HOW CAN CHEKKU
IMPLEMENT BOOTSTRAP?
Cut/Avoid Cost
If Chekku use bootstrap finance, Chekku needs to spend
their financial fund on things carefully.
Don’t Quit
Chekku needs to stay to maintain the business because to
gain a big profit, it takes patience and time.
Build An Audience
Before launching a product, Chekku can build an audience
to have a better amount of customers resulting in increase
profit.
THANK YOU

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