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If you've got an idea for a new business, but don't have the cash to take out a loan or irrevocable credit card, there's an alternative: bootstrapping.
Basically, you put all of your own money toward your idea and then use that money to pay for other people's ideasor, in this case, to pay for your own business, Fast Company explains.
"You don't have to worry about raising money from angels or venture capitalists," says the founder of bootstrapping blog bootstrapping.com.
"You just have to put a little bit of money toward your idea and see how it goes."
Examples of bootstrapping-inspired businesses include Swagbucks and Stitch Fix.
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