Question

An entrepreneur who starts a business without external funding is utilizing a technique referred to as;



a. Networking;



b. Capitalizing;



c. Prospecting;



d. Bootstrapping

Answer 1

Answer:

(b)capitalizing

Explanation:

i hope it will help you in your work

Answer 2

Answer:

The correct answer to this question is Bootstrapping.

Explanation:

Given - An entrepreneur who starts a business without external funding is utilizing a technique.

To Find - Choose the correct option for an entrepreneur who starts a business without external funding is utilizing a technique.

Bootstrapping is an entrepreneur who starts a business without external funding is utilizing a technique.

Bootstrapping is the practice of launching a business using just one's own finances, together with money borrowed or invested from family or friends and revenue from the first few sales. Self-funded businesses do not rely on conventional financing techniques like bank loans, investor funding, or crowdfunding.

An entrepreneur is a person who decides to take the risk of launching a new business. Entrepreneurship is the aggregation of capital and labor to generate things or services for profit. An entrepreneur realizes their concept by founding a business to carry it out.

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