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8 Things You Need To Start a Business During a Recession

Up and Running

Current businesses are finding ways to pivot their business models, revisiting their budgets, and developing new forecasts to minimize their burn rate and maximize their available cash runway. One thing that doesn’t typically end during a financial crisis, is investors looking to fund startups and small businesses.

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Create Structure out of the Gate and You’ll Thank Yourself Later

Feld Thoughts

They need to raise money before building anything substantial after determining that they needed a little dough to follow the Lean Startup methodology. They decide to go out and raise money on a convertible note – several angel investors have signaled interest in participating in the note and they don’t feel ready to pitch VCs yet.

Burn Rate 152
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The Cost Equation for a Startup is Better Than Ever

Startup Professionals Musings

That’s a burn rate of at least $10K per month that can be eliminated if you are handy with computers and Quickbooks. No need to make the assumption that you will need a rich uncle or an angel investor for every idea you come up with. Best of all, it’s even considered “ultra-cool” these days to be a lean startup.

Cost 255
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You Don’t Need to be Rich to be an Entrepreneur

Startup Professionals Musings

That’s a burn rate of at least $10K per month that can be eliminated if you are handy with computers and Quickbooks. No need to make the assumption that you will need a rich uncle or an angel investor for every idea you come up with. Best of all, it’s even considered “ultra-cool” these days to be a lean startup.

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The Cost Equation for a Startup is Better Than Ever

Gust

That’s a burn rate of at least $10K per month that can be eliminated if you are handy with computers and Quickbooks. No need to make the assumption that you will need a rich uncle or an angel investor for every idea you come up with. Best of all, it’s even considered “ultra-cool” these days to be a lean startup.

Cost 139
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25 Best Startup Failure Post-Mortems of All Time

www.chubbybrain.com

Hiring is hard, and without proper experience, we should have leaned more heavily on our investors to help us with this decision. Title: Burn Rate: How I Survived the Gold Rush Years on the Internet. Super Angel Investors – Who They Are, What They Invest In. Company : Untitled Partners. Atlas Venture.