You won't get rich by paying yourself an excessive salary. Your excessive salary often leads to bankruptcy of company. You'll get rich by making your company a success. Once it succeeds, you can sell your stock in a merger at Market Capitalization. If you use my strategy, you'll walk away in 5-7 years with $80 million.

There are sacrifices in building any company. If you expect your investors to make those sacrifices, your company will fail. If you won't work 12 hour days for several years for a middle-class income, don't take your company public. In fact, don't start a company. Get a job in middle management with a major firm in your industry.

Remember that success comes from sacrifice. It comes from making right decisions. It comes from keeping risks low while you keep rewards high. The rewards must go to your company, not to your personal bank account.

If you don't follow these bootstrapping rules, you won't create a successful public company. The "live off investor strategy" often creates an SEC nightmare. If SEC acts, it will make your attorney rich. You didn't take your company public to make your attorney rich.

To contact author: Visit Beowulf Investments website: [http://home.earthlink.net/~beowulfinvestments/] Or, visit Global Village Investment Club Website: [http://home.earthlink.net/~beowulfinvestments/globalvillageinvestmentclubwelcome/]

Stock support and compliance costs are best arguments against going public. You must convert these costs into a strong share price. You must use your strong share price to buy profitable assets for your company. The profitable assets must improve your bottomline. If you don't use your stock as money to build your company, your long term shareholders will lose their investment in your company. You'll fail.

If you believe that your share price reflects merits of your company, don't go public. Your share price will languish for years as you await some Fundamentalist writer to discover value in your company. Meanwhile pragmatic CEO builds value by using their strong share price to buy profitable assets. It can take twenty years to create a hundred million dollar private company. It can take 20 months for a public company to buy for stock a hundred million dollar public company. The option is your company can earn money, pay taxes, reinvest and grow. Or, you can go public, print your own money called stock, and use your strong share price to buy assets and become a hundred million dollar company. Your decision involves your willingness to spend money to ensure a strong share price.

To contact author: Visit Beowulf Investments website: [http://home.earthlink.net/~beowulfinvestments/] Or, visit Global Village Investment Club Website: [http://home.earthlink.net/~beowulfinvestments/globalvillageinvestmentclubwelcome/]