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Bootstrappers should keep finances separate

Filed in archive Bootstrapper Tips by Shawn Hessinger on June 14, 2007

Bootstrappers should keep finances separate
(Editor's Note: Romanian entrepreneur Cristian Dorobantescu was a bit trepidatious about writing the series of guest posts that follow.

They discuss the importance of keeping personal and business finances separate especially for the bootstrap entrepreneur, and Cristian was worried in light of this post based in turn on some thoughts by Dane Carlson and the controversy that ensued.

But as I've explained before, I've got no problem with keeping business and personal financeslinks separate. I just don't see the need to open a business account before you've made your first buck.

Still, Cristian's got some good points here. Besides, what's a blog without a little controversy?)


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Tags: entrepreneur  Romania  business  finance  personal  money  bootstrap  startup  bank  account 

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Related Entries:

Bootstrappers decide to (in)source - 27 May 2007

Don't mix personal finance with business finance - 15 June 2007

Daydreaming - 16 June 2007

Bootstrap first then VC finance - 10 November 2007





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