[taproot]

You reaply have no way of knowing this is how it happened for this guy. Id even hazard a guess and say he ran out of his savings cushion and then ran out of credit, cause like, thats what he said in the first 6 words.

I dont know what your trying to add to this conversation but its not helping anyone that reads these forums.

[rufwork]

I think he's just saying that if you let your cash [commitments] get out in front of your business [income], you set yourself up for catastrophic failure. If you rented an office or bought a company car -- or took out a loan -- before you had good income, you made a risky move with consequences.

If you have a 9-to-5 and build up clients on the side to the point that you can eventually replace the regular salary, you win. You let the cash pull you into the business, not the business pull out all of your cash.

Honestly, I've had to sluff off clients on the side because I'd rather keep the "real" job for now. But if I was happy with $25-30k a year to start, I could've already made the move. Be patient, bide your time, don't let the cash get in front of your business, and wait until your business selects you. That's good advice.