My partner and I created http://www.friendfury.com http://www.friendfury.com back when Myspace was growing popular in 2 days, placed it on some $10/mo shared ho

My partner and I created http://www.friendfury.com http://www.friendfury.com back when Myspace was growing popular in 2 days, placed it on some $10/mo shared hosting, and generated $680 within the first 8 hours. You don't need the best equipment; just enough to make sure you stay up through any traffic spikes (we had to upgrade within 30min of going online). I like to think bootstrapping is the most powerful tool a startup can utilize, if you consider it a tool at all. It keeps you sharp and always looking for new and innovative ways to get objectives completed. For us, it paid off extremely well for a couple 18 and 19 year olds looking for a few bucks here and there.