Bootstrapping Term

Agile is a philosophy and/or specific methodology of software development, and product development in general, that promotes incremental development and emphasizes adaptability and collaboration.

Agile is relevant to bootstrapping because it minimizes net cash outlays on new product development versus revenue generated by the new product by minimizing development costs for product features that customers don’t want.

See for example Wikipedia’s entry for agile software development.

Don Gooding

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