Detailed text transcripts for TV channel - MSNBC - 20110122:10:44:00
A paid plan from the start. you need a business model where you'll make money from day one. most of the money is spent on developing the product and team, the people around it. >> if your business is profitable and growing, you don't have to take external capital and can continue to grow indefinitely. i think that's what spencer's doing. >> while carbonmade has found success, frye admits that the ultralight model isn't perfect. the challenges he and other entrepreneurs face are similar. >> i think everything takes -- may take a little longer as a self-funded company because you don't have as m...