Bootstrapping with credit requires consideration
Filed in archive Bootstrapper Profile on May 29, 2007
CONTINUED FROM PREVIOUS POST
In the case of 1 Greek Store those factors included:
1. Money saved from a recent internship that made it possible to pay the debt down easily if something went wrong
2. The resale value of the machine which added security since it could be liquidated if necessary to pay debts
3. The partners' confidence that they had enough demand from a local market on the campus of the University of Florida in Gainesville where they were students to carry the business for the time being
CONTINUED NEXT POST
Tags: bootstrap business startup credit debt entrepreneur bootstrapping credit+requires
Vote for Bootstrapping with credit requires consideration:
|
Rating: 4.67 out of 3 vote(s) cast.
|
| RSS |  |
 | |
| Yahoo! |
|
| Addthis |
|
| Bloglines |
|
| Follow us on Twitter! |
Most Popular
Best of
Bootstrap Interviews
bootstrap music
Bootstrapper News
Bootstrapper Profile
Bootstrapper Resources
Bootstrapper Tips
Bootstrapper Tools
Bootstrapping Opportunities
Bootstrapping Thoughts
Bootstrapping Trends
Did you know
Entrepreneurship
equipment exchange
Events
How-to
information about
Just For Fun
Misc
Philosophy