When you say you'd rather "not go into debt just to advance my life", isn't there an assumption that you'd probably not succeed with a bank loan?
Why would funding make that bottomline any different? Input from angels/VCs?
The stats against funded startups are appalling, even if you /are/ able to get big-name backers.
Losing years of your life learning painful lessons but nothing else to show afterward, is itself a kind of debt, no?
Over a decade ago, Don Lancaster wrote a book titled "Incredible Secret Money Machine" and aside from the off-putting title, the central thesis is still solid as a rock. It's a free PDF on his website.
When you say you'd rather "not go into debt just to advance my life", isn't there an assumption that you'd probably not succeed with a bank loan?
Why would funding make that bottomline any different? Input from angels/VCs?
The stats against funded startups are appalling, even if you /are/ able to get big-name backers.
Losing years of your life learning painful lessons but nothing else to show afterward, is itself a kind of debt, no?
Over a decade ago, Don Lancaster wrote a book titled "Incredible Secret Money Machine" and aside from the off-putting title, the central thesis is still solid as a rock. It's a free PDF on his website.