We have been self-funded and I'm still surprised how long we managed to get along, as we really started with basically no money at all. Unfortunately our product (a game) didn't sell, so it didn't work out for us. But I don't think that more money would have made a difference, we failed for other reasons and additional funding might actually have made it even worse.
Not being able to afford an tax accountant was one of the troubles bothering me the most, because doing that myself did cost more time & energy than I had expected. And looking back I think I should have been a little less of a cheapskate for everything needed for business, like hardware and software (like refusing to buy a new HD for myself - that was just stupid). Everything helping you to work faster is probably worth spending money on it, even if you don't have any. I also should have cut personal expenses even harder right from the start, but I only learned how much more I could reduce this after a while.
The good part is that we are not more broke now than our bank-limit did allow us to be ;-)
Not being able to afford an tax accountant was one of the troubles bothering me the most, because doing that myself did cost more time & energy than I had expected. And looking back I think I should have been a little less of a cheapskate for everything needed for business, like hardware and software (like refusing to buy a new HD for myself - that was just stupid). Everything helping you to work faster is probably worth spending money on it, even if you don't have any. I also should have cut personal expenses even harder right from the start, but I only learned how much more I could reduce this after a while.
The good part is that we are not more broke now than our bank-limit did allow us to be ;-)