Guy points out the reality that only a very tiny percentage of entrepreneurs will ever get venture funding. Indeed, VC investment in early-stage ventures has been declining steadily since 1999.

Guy's bootstrapping pointers are excellent and echo those of Greg Gianforte, Ken Hess, Bruce Judson, Richard Branson and other Bootstrap Champions listed here.

Commentary to follow...on the whole, I like these, though I think it helps to separate the entrepreneur's personal skills and the principles that guide the venture.