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How to Start a Startup

www.paulgraham.com

We alsothought wed be able to sign up a lot of catalog companies, becauseselling online was a natural extension of their existing business.But in 1996 that was a hard sell. Because so little money is involved, raising seedcapital is comparatively easy-- at least in the sense of getting aquick yes or no. This is calledseed capital.

Startup 105
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Busted or Confirmed? 3 Common Myths About Starting A Business

crowdSPRING Blog

Myth #2: You need a lot of money to start. Businesses do require some capital, but this doesn’t mean that every startup has to raise millions of dollars in seed money. They didn’t have the ability to crowdfund or go to an incubator either, so they did the only thing they could do in 1996: work out of their garages.