Early Stage Companies Not Using VCs

"Less early-stage seed money means more companies must rely on themselves to get their products to market and many wouldn't have it any other way. "

"Bootstrapping, as it's commonly called, is becoming more prevalent as venture capital levels remain depressed and angel investors lick their wounds from the last bust. "

"Family, friends, banks, tax credits and small governmental funding programs all serve to get the ball rolling, but as research and development plods on, money becomes scarce and struggling organizations have to find other ways to keep going. "

"Further, cash flow can be accessed through a company's own resources while development is underway. "

"A concrete business plan, good common sense and the ability to generate some kind of revenue all pave the road to success. "

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For more information, visit www.EvanCarmichael.com.