Episode 2.024: Chin Up
Written by Jonathan   
Thursday, 24 August 2006

Matt talks about a recent Wells Fargo study of small businesses and capitalization.  A little from the inspirational department and Matt's got budgeting issues.  Check out the website at cubicleescape.com for forums, show notes Modcast and blogs.

download this episode

  • Study on Start-up Capital (link)
    • Wells Fargo study says $10,000
    • 73% surveyed said they did it with their own savings
    • 37% obtained loans/lines of credit
    • 53% wish they would have had more loot
    • 31% of small-business owners surveyed started with business plans
    • 49% say they would have had an easier time had they asked for more advice from experienced business owners
    • 39% indicated a better understanding of financial management would have been an asset
  • Keep Your Chin Up (link)
  • Matt's Budget Woes

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