Ryan said when he started the firm he used his own money because he was afraid he would ruin his credit if he took out a loan and failed. Though it worked out, he said he now wishes he had borrowed the start-up capital. The first year was extremely tough. It was six months to a year before we had any money. It would have been a lot less stressful with a small line of credit.
Most corporations have a built-in infrastructure for guys who do one thing well.
When you strike out on your own, you're in a free-market society. If it doesn't happen between your ears, it isn't going to happen. Bruce Evans, a professor at the University of Dallas Graduate School of Management, said most successful entrepreneurs have instincts that help them avoid trouble. Anyone starting a company must have entrepreneurial management skills, based on intuition. You have to know when to act.