Cathy Bogaart also sent me something about Carl Mercier and his wisdom: Bootstrapping or “How to be a cheap b@st@rd”.
You need to survive two years, so have enough money for two years. You may need to sell yourself (as a consultant!) to make up the shortfall. And, by the way, your revenue projections are wrong. So is your timeline. Plan for that. If it’s not working after two years, you’re doing something wrong, so change it.
And she says, don’t forget to watch this video of David Heinemeier Hansson, a creator of Ruby on Rails.
This segment is a part in the series : Blogosphere on Bootstrapping