Author of The Toilet Paper Entrepreneur
Selecting an appropriate capital direction starts with determining what options are available.
Bootstrapping may be an "available" option if you plan to create a lifestyle business. On the other hand, if your vision is to build an international enterprise - the business will probably need external capital at some point, so it`s best to plan for that in the beginning.
Thanks for the nice words.
In some situations, bootstrapping can ultimately be quite "expensive" - although it may be hard to identify the final "cost".