To whom should entrepreneurs look for the cash required to develop prototypes – while supporting their families – until the business can generate revenues? Depending on the nature of your company, here might be a few examples: completing a working prototype of your products; agreements with sales agents or distributors; contract with suppliers; beta testing or purchase agreements with customers; testimonials from customers who have purchased and used your product; filling out your management team; and recruiting an experienced advisory board or Board of Directors.
Bootstrapping can take many forms, but can be divided into personal or business sources of cash and/or reduction in expenses, as is shown in the chart below: Quickly developing and selling products to generate revenues for the company.
I have made this decision based on strong moral and ethical convictions that are supported by my religious beliefs, medical research and legal precedent.
The British Medical Journal has questioned the validity of studies claiming efficacy and stated that “evidence from systemic reviews shows that inactivated vaccines have little or no effect on the effects measured.” (2) An even greater risk exists for those that receive the vaccination.
Options (or warrants) to purchase stock in the company can be offered to employees, vendors (including landlords), customers and partners.
Additionally, permanent or temporary exclusive relationships instead of full cash payments might be of interest to vendors or motivate customers and partners to become early adopters of your products.
From the Government to Hospitals, our individual choices are becoming more limited, or at the very least, harder to uphold.