Was hoping for more discussion around bootstrapping and being cheap as opposed to iPhone development. Is there anything wrong with being cheap? My company is c

Was hoping for more discussion around bootstrapping and being cheap as opposed to iPhone development. Is there anything wrong with being cheap? My company is currently barely "ramen profitable" and being cheap is more of a necesity vs a choice. Being able to lower your standard of living is a big part of being an entrepreneur, we all need to be able to do it at some point.