General Studies · Entrepreneurship
Which of the following best describes 'Bootstrapping' in entrepreneurship?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Borrowing large loans from commercial banks
- 2Raising funds exclusively through venture capital
- 3Financing a start-up through internal funds and personal savings✓
- 4Funding a business through government grants only
Correct answer
Financing a start-up through internal funds and personal savings
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