You do not have to seek external capital. If your business fails you are not blacklisted from industry. The link below has some basic information about fundrai

You do not have to seek external capital. If your business fails you are not blacklisted from industry. The link below has some basic information about fundraising for startups http://venturebeat.com/2009/07/08/startup-fundraising-101/ http://venturebeat.com/2009/07/08/startup-fundraising-101/