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The $100 MBA Show

MBA2584 Is Bootstrapping Dead? The Truth About Funding Your Business

The $100 MBA Show

Omar Zenhom

Entrepreneurship, Business, Careers, Marketing

4.82.2K Ratings

🗓️ 10 February 2025

⏱️ 10 minutes

🧾️ Download transcript

Summary

Think bootstrapping is a thing of the past? With all the buzz around venture capital and unicorns, you might think self-funding your business is out of style. If that’s on your mind, today’s lesson is tailor-made for you. Omar breaks down why bootstrapping is not only alive but also a smart move for building a […]

The post MBA2584 Is Bootstrapping Dead? The Truth About Funding Your Business appeared first on The $100 MBA.

Transcript

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0:00.0

Is bootstrapping dead? With all the buzz around venture capital and startup unicorns, you might think bootstrapping is old-fashioned or outdated.

0:07.4

But here's the truth. Bootstrapping or self-funding your company isn't just alive. It's the best way to build a business that's profitable, sustainable, and truly yours.

0:16.4

Today, we're going to explore why bootstrapping forces you to create a real business, not one that's propped up by artificial growth or someone else's money.

0:24.2

We'll also unpack why ownership is everything when it comes to building your wealth.

0:32.3

Welcome back to the $100.combea show.

0:34.3

I'm your host, Omar Zinn Home, where I give you practical business lessons

0:37.7

three days a week, Monday, Wednesday, Friday to help you start, grow, and scale your business.

0:42.8

In today's episode, we're answering a big question. Is bootstrapping dead? Spoiler alert,

0:47.6

it's not. Bootstrapping isn't just a funding choice. It's a philosophy. It's about building a business

0:53.2

that's self-reliant, profitable,

0:55.3

and resilient. We're going to break down why bootstrapping might just be the smartest move you'll

0:59.7

ever make. I'm speaking out of experience. Full transparency, I've been building businesses for the last

1:04.4

20 years and every single one I built was bootstrapped. And in that process, I was able to build

1:09.9

two seven-figure businesses.

1:11.7

One is this one, the $100 RBA, but the other was a software company as well called Webinar Ninja

1:16.1

that got acquired recently by a big company called ProProfts. That acquisition was life-changing

1:20.9

for me, and I want to give back and be able to share with you every time I record an episode

1:25.4

what I learned in the last 20 years building my own

1:28.7

businesses bootstrapped. If you're not familiar with bootstrapping, bootstrapping basically

1:32.5

means you're not using any outside funding. You're building a business that uses its own profits

1:37.9

to grow. The beauty of bootstrapping is that it forces you to create a real business. And that

1:43.8

drives home point number one.

...

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