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5 Keys To A Viable Spending Rate And Cash Management

Startup Professionals Musings

Count on six months from beginning the funding process until a new check is cashed. Always add 20 percent to your best estimate of funding requirements when approaching investors. As a rule of thumb, your monthly burn rate should be less than 10 percent of your last funding raise or starting cash in the bank.

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5 Ways To Conserve Investor Cash And Ensure Survival

Startup Professionals Musings

Count on six months from beginning the funding process until a new check is cashed. Always add 20 percent to your best estimate of funding requirements when approaching investors. As a rule of thumb, your monthly burn rate should be less than 10 percent of your last funding raise or starting cash in the bank.

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5 Keys To Minimizing The Burn Rate For Your Startup

Startup Professionals Musings

Count on six months from beginning the funding process until a new check is cashed. Always add 20 percent to your best estimate of funding requirements when approaching investors. As a rule of thumb, your monthly burn rate should be less than 10 percent of your last funding raise or starting cash in the bank.

Startup 89
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The Planned Iteration Startup Launch Minimizes Risk

Startup Professionals Musings

All you old software development types will recognize the analogy to the traditional two year “waterfall model” of software development, which has been totally replaced with the Agile iterative methodology. Show some traction before funding. Fail fast and cheap. We all know how hard it is to turn a battleship. Think about it.

Startup 101
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5 Steps To Maximizing Your Startup Cash Flow Runway

Startup Professionals Musings

Count on six months from beginning the funding process until a new check is cashed. Always add 20 percent to your best estimate of funding requirements when approaching investors. As a rule of thumb, your monthly burn rate should be less than 10 percent of your last funding raise or starting cash in the bank.

Startup 108
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Every Startup Should Assume Pivots Will Be Required

Startup Professionals Musings

All you old software development types will recognize the analogy to the traditional two year “waterfall model” of software development, which has been totally replaced with the Agile iterative methodology. Show some traction before funding. Fail fast and cheap. We all know how hard it is to turn a battleship. Think about it.

Startup 105
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8 Key Rules for Starting a Business on a Shoestring

Startup Professionals Musings

A few years ago, before the Internet was pervasive, before everyone carried a smartphone and before do-it-yourself software tools were available for free, it was difficult to reach a critical mass of new customers without spending a million dollars on a website, custom software and television advertising. Both are wrong.

Startup 108