In this podcast episode of The Inventive Journey, entrepreneurs will learn from Farrukh Siddiqui, entrepreneur in the field of student loan financing, as he shares his inventive journey.
“You have to plan your boot strap, you can't just start bootstrapping. You got to think about this, you got to look at your own personal savings, what's your strategy? Are you going to maintain a second job? Are you going to tap into your savings? Whatever your strategy is, plan it out! How much runway do you really have with that type of strategy? How far can you go? What do you need, to hire people?Can you do a lot of the work yourself from the beginning? How do you maximize your credit in those early days, to leverage as much from your credit to help you offset expenses or pay for expenses? And so on, so really plan out your bootstrap. Not just jump in the water and try to swim, really plan it out then move forward.”
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