I am starting-off a venture with limited capital that will be sufficient to keep my business afloat for at least 12-18 months. I believe that my product will get some traction during this period, allowing me to finance my operations in the future.
Although, many entrepreneurs seek VC or other funding to finance their operations, I have been very skeptical of taking that route. I believe that taking funding will loosen my control on my company, and will also deprive me of the gains that my business may produce. (I know that the lack of funding will also limit my ability to expand my operations)
Do you think it is justifiable to have such views on funding? Is taking funding and losing controlling stake a part of every business?