Would it surprise you to learn that the Number One source of funding for startups is the founder’s personal savings? Second on the list is credit cards; third is family and friends. Bank loans and outside investment don’t come until much later, if at all.
Watch this short video from the Kauffman Foundation for a more detailed look:
By the way, just because you aren’t pursuing funding from outside sources doesn’t mean you don’t need a business plan. It’s extremely important to have a roadmap as you build your company. If you need help, give us a shout.