Starting a business from scratch can be an exhilarating yet challenging journey. For many entrepreneurs, bootstrapping their startup - funding it with minimal external capital - is a common approach to kickstarting their ventures. Bootstrapping demands resourcefulness, resilience, and strategic decision-making. In this blog post, we'll explore essential tips by entrepreneurs like Derek Lurie to help you bootstrap your startup effectively, paving the path for entrepreneurial success. Start Lean and Stay Lean When bootstrapping your startup, it's crucial to adopt a lean mindset from the outset. Begin by identifying your minimum viable product (MVP) - the simplest version of your product or service that fulfills the core needs of your target market. By focusing on essentials, you can conserve resources and minimize unnecessary expenses. Additionally, staying lean throughout your startup journey means continually seeking efficiency and cost-saving opportunities. Embrace agile met...