As much as you are right, i still have to state that the number one killer of a good business idea most of the time is running such business on borrowed funds, borrowing to start a business at the very initial stage is such a very bad idea to be honest with you, it is much better to borrow to expand a/the business than borrow to start it up, this is because at the initial stage of starting a business, there are many uncertainties, like not being sure how the business will do, like not being sure if the business will really sell in the area where it is, this is enough to worry about already, having to also worry about how to repay a borrowed money is just making matter worst.
So its way better to start your business with your own personal fund, have peace of mind even if the business is not doing as expected in that initial stage, in the future when things become far better than the beginning, you can borrow to expand the business if expanding becomes really important.
Unfortunately, a person who has ideas has no money to start a business, and a person who has money has few ideas about how to use that money competently. Therefore, borrowed funds are still a way out of the situation - but for this you need to have a clear business plan, as well as understand the essence of the business.
And thats the reality that we do have on this world on which to those who do have brilliant ideas but having no funds to start with will really be ending up on having that idle mode on which there's no way that you would be able to progress or make those ideas in fruition if you are really that not making any step forwards like taking up some loan to build that business or idea you do have.Yes, its a risky thing to be done but for you to be able to make yourself that progress then you should really be needing up that kind of step which is something that would be depending on a certain individual,
not all would really be risk takers and would really be just playing on the safer side but ending up on having no progress into their lives when it comes to financial.
It is really just a matter of choice on which you would really be taking, some would really be that mindful and some wouldnt really be just minding about those stuffs and contented on what
they do currently have now.