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Use agile budgeting to manage your cash

David Teten

So here’s the solution I have recommended to some of my portfolio companies: “ agile budgeting ”, i.e., monitoring a few key variables while giving managers significant flexibility. Entrepreneur Jeff Magnusson provides a sample agile budgeting workbook. Regardless of whether you take a traditional or agile budgeting approach, Robert A.

Agile 60
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Is the Lean Startup Dead?

Steve Blank

As a reminder, the Dot Com bubble was a five-year period from August 1995 (the Netscape IPO ) when there was a massive wave of experiments on the then-new internet, in commerce, entertainment, nascent social media, and search. Startups with huge burn rates – building leases, staff, PR and advertising – ran out of money.

Lean 335
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Five common misconceptions about building a startup in New York City

This is going to be BIG.

There are user groups, gaming meetups, meetups in security or agile development—lots of places entrepreneurs rarely tread. If you want to build your startup in the middle of nowhere and optimize purely for low burn rate, then sure, I’m sure you could work more cheaply elsewhere. How about doing what Gilt Groupe did?

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Is the Lean Startup concept of MVP dead?

VC Cafe

In fact, they were screaming at them to dramatically reduce their burn rates. Agile Development: launch an MVP early and iterate quickly. Angel investment, which was small to start with, disappeared, and most corporate VCs shut down. VC’s were no longer insisting that startups spend faster, and “swing for the fences”.

Lean 214
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Dragons, Bootstrapping and Women in Tech

Up and Running

Nelson has some tips: Know your burn rate. If not, be agile enough to change direction and re-focus,” Nelson advises. Buffer helps you with managing and scheduling your social media posts. When you’re starting a business to build your own luck, you don’t often have a lot of start up capital.

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Lessons Learned: Don't launch

Startup Lessons Learned

And even worse, wed cranked up the burn rate in order to be ready to handle all those millions of mainstream customers we anticipated. We used social media to get alpha users as outlined here during Feburary. Combining agile development with customer developm. Eric, thanks for this post very helpful. Expo SF (May.