Damn buttons are too fast for me - sorry about bad post.
I second the opinion of starting without an "investor" - do it yourself. One of my mentor's rules was never start a new business without 3 clients already lined up. Talk someone into hiring you and use that initiate the business. If you bring in someone with all the money - they get all the control; you'll be working hard to pay them.
There is a time to borrowing capital funds, but plan it the easy way - thru a bank. To do that show a couple of years of good stable operation, show them you can make money and know what you are doing (the financial statements). If you are running smart they will beg to loan you funds - that's how they make money.
Looking back on my company startup - I'd do at least one thing different. After 2-3 good years, we needed capitalization to ramp up sales and production rate. I didn't borrow then and it has caused me headaches.
