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When Ben left the corporate rat race to start his own pottery business, he used some of his retirement savings to finance the business. This practice is known as:

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When Ben left the corporate rat race to start his own pottery business, he used some of his retirement savings to finance the business. This practice is known as bootstrapping.

What is bootstrapping?

Bootstrapping is a word used in business to describe the process of starting and growing a firm utilizing solely available resources, such as personal funds, personal computing equipment, and garage space.

Learn more about bootstrapping here:

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