What is Bootstrapping?
Financial bootstrapping in business is the different methods used to avoid the financial resources of external investors. This minimizes the amount of outside debt and equity financing needed from banks and investors.
The absence of any stakeholder gives the founders more freedom to develop the company.

Bootstrapping strategy examples:
-Maximizing Sales
-Outsourcing
-Buying effectively
-Maintain high quality people

A lowdown on bootstrapping strategies:
http://www.communitywealth.com/

A guide regarding whether to obtain venture capital for your company:
http://www.muckle-llp.com/