Magical Business Documents

Some say: “The first million is the hardest to earn.”
True.
This principle is especially true if you start with a lot of money in his pocket. Why?
Many people think that more money leaving you more easily you can earn.
And with this conviction, some part in the fourth starting to “invest” (as they say when you spend a lot of money in the hope that one day we will return with a reasonable profit) believe to be an advantage.
Not so, because the money you earn to know, before I know spend.
And young entrepreneurs starting a business with a modest amount of money, know what I’m talking about.
Similarly, it is easier to lose an opportunity that having too much money having too few.
Those who part with a lot of money is a bit like those in sports, use performance-enhancing drugs, maybe it gets an advantage at first, but in the long run the consequences could be negative. Deadly.
Because I like doing bootstrapping startups create (create a business budget, starting with 0)?
The reasons are at least 3:

1) Lower value of the breakeven point.
a business with a high break-even point is less flexible with a business with a bottom. High capital intensity, a heavy burden of debt and high fixed costs, are factors that reduce the financial and strategic flexibility.

2) No risk of over-capitalization.
The development of start up has similarities with the shifting of a car. at every stage we need the right gear to achieve the speed necessary to climb to the next. Only a few start-ups understand. Those over capitalization start with the third gear.

3) Incentives for entrepreneurial creativity and ingenuity.
The publicity, the assumption of a valid partner in the implementation of the business, the creative entrepreneur asks: “I have no budget. How could I do these things producing excellent results in terms of quality?” Very often the answers to these questions lead to unimaginable results, often with better results than those with many resources available, but little creativity.