When I wrote my business plan I planned on bootstrapping. I was not considering looking for investors and I did not want to use debt instruments to fund the startup phase of my business. I wrote my system, built my site, paid for professional web-design and branding, and filed for a patent. This has taken two years and a little over $
I have an acquaintance that I respect and who is a very good salesman. I had even considered approaching him sometime in the future once I had a sales force large enough to warrant a full time sales manager. I asked him for some advice a few months ago and we started talking. He stated an unsolicited interest in investing a substantial sum for part ownership. I initially declined his offer since this was not in my business plan. Several conversations later he is now my first sales person and will start in January working as a part-time employee for commissions only.