Bootstrapping, or self-funding your company can be a good idea when starting, but it can have its drawbacks as well. It forces you to work within a budget and be more proactive in your marketing strategies. But, you may not be able to hire consultants, increase risk and you’ll likely grow at a slower pace. Depending on what your business is and how much work you are able to do initially, bootstrapping may or may not work for you.

Read more: The pros and cons of bootstrapping your company