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The Back-up Theory
By siliconindia
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2 Comments
Money Matters
If you are not in a financially sound situation then do not bother even trying to start a company. The company that you are thinking of starting will be like a rebel teenager from the very first day. It will need a lot of money, will not be careful in spending, and will not give you anything back in the first few years. So, either you should have an investor to back you up or, if you are bootstrapping it, you should have a reasonable bank balance, a bank balance big enough to support it until it starts making money.
