A word to the bootstrapper

Filed in archive Bootstrapper Tips on June 20, 2007

CONTINUED FROM PREVIOUS POST

Link:Cristian Dorobantescu

Now, on the other hand, if you are bootstrapping, you don't have any other choice than investing some of your own money into the business. That's how we started. But from day one, try your best to have a separate business bank account (Editor's note: hmmmm), so at least you know what money comes in. Of course, you will get mixed up a little, and that warning will come when you notice your savings account is heading towards 0 (even if your company makes profit, this doesn't help your own account on the short term).

CONTINUED NEXT POST

Related Entries:

Bootstrappers should keep finances separate - 14 June 2007
Is your business going the wrong way? - 19 June 2007
Five ways for the bootstrapper to greet the new day - 24 August 2007
Bootstrapper blues - 04 September 2007
Part-time Bootstrapper: Rules of the road - 15 September 2007
How social is your bootstrap business? - 29 November 2007
Happy Easter: Resurrect your bootstrap business - 23 March 2008

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