.Net Burn Rate Cost Hiring 
Both Sides of the Table
NOVEMBER 3, 2009
In all of these new product and cost-focused new trends, a big problem has emerged that all of these movements have not addressed. Let’s start with how much value you think you’ll create for your customer if they use your product in terms of hours saved, costs avoided, extra sales, better conversion rates or whatever.
crowdSPRING Blog
DECEMBER 12, 2014
It’s Absurd That Health Care Costs Are So Confusing – crowdspring.co/1yDomRJ. Don’t Get Burned by Your Burn Rate – crowdspring.co/159KKrk. A Refresher on Net Present Value – crowdspring.co/11LJvw6. Holiday Hiring By the Numbers (Infographic) – crowdspring.co/1CzjykC.
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Both Sides of the Table
OCTOBER 14, 2015
But like many companies over the past five years it hired aggressively and probably had some degree of straying off of a core strategy and some amount of excess jobs relative to its current revenue forecasts and opportunities. ” It goes like this: What is your net burn rate? What is your cash balance?
Both Sides of the Table
JUNE 17, 2017
If you hire 6 senior sales reps in January at $120,000 / year salary then you’ve taken on an extra $60,000 per month in costs yet these sales people might not close new business 6 months. If you don’t have a strong balance sheet and can’t hire more people that’s fine — but understand this may lead to slower growth.
Up and Running
APRIL 2, 2020
Having good projections connects the dots between sales, costs, and expenses to provide you with a holistic picture of your financials. Also, for your crisis plan, be sure that you know your burn rate and runway , which is how quickly you are using up your cash reserves and how long you have before you run out of cash.
This is going to be BIG.
MARCH 1, 2010
Even after we got funded, it took us three months to hire our first two developers at our prior companies—and I consider us pretty visible and well-networked. Even in the Valley, it will cost you over 20k to pay to recruit a developer. That being said, is low burn rate really what you should be optimizing for?
Startup Lessons Learned
MARCH 27, 2009
While some cost-cutting measures reduce that number, others increase it. In lean times, it’s most important to focus on cutting costs in ways that speed you up, not slow you down. Otherwise, cutting costs just leads to going out of business a little slower.
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