I spend a lot of time at the intersection of “business modeling” and “lean startup” and have been looking for the right category label to describe this type of work. It’s not enough to call it one or the other.
After much deliberation, I’ve settled on the label:
While not the same thing, Bootstrapping and Lean Startups are quite complementary. Both cover techniques for building low-burn startups by eliminating waste by maximizing existing resources first before expending effort on acquiring new or external resources.
While bootstrapping provides a strategic roadmap for achieving sustainability through customer funding (i.e.