Being under-funded helps you
Sivers says startups with too much money often blow it, and that being under-funded keeps you from making mistakes. He recalls keeping a plain table at dot-com era conferences while other booths spent heavily, and says that when investors pressed him to take venture money, his answer was that his company was profitable and had plenty of cash.
“Start-up companies who have too much money often blow it.”— Derek Sivers, Nothing to waste: The advantage of being under-funded, Jun 2009
Do this
Write down this week what you can do with your current cash instead of new funding, and set a spending cap you stick to.