article thumbnail

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. Do basic Search Engine Optimization (SEO) and Marketing (SEM) yourself. Founders now routinely use their home to operate their startup until they are well into the revenue phase. Technology costs.

Cost 255
article thumbnail

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. Do basic Search Engine Optimization (SEO) and Marketing (SEM) yourself. Founders now routinely use their home to operate their startup until they are well into the revenue phase. Technology costs.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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. Do basic Search Engine Optimization (SEO) and Marketing (SEM), like cohort analysis , yourself. Founders now routinely use their home to operate their startup until they are well into the revenue phase.

Cost 139
article thumbnail

Be Part of the Entrepreneurial Revolution

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. Do basic Search Engine Optimization (SEO) and Marketing (SEM) yourself. Founders now routinely use their home to operate their startup until they are well into the revenue phase. Technology costs.

Burn Rate 125
article thumbnail

These Innocent Hiring Mistakes Can Kill Your Startup

Transformify

Their investors may push them into that direction too, as the high burn rate is often seen as a prerequisite for high growth. You don’t have the right people on board, you are burning cash and the work is not done, at its worst, your product is already live and you are losing clients due to software bugs and poor user experience.

Hiring 64
article thumbnail

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. Start with a five-dollar-a-day SEM campaign. the most sensible SEM advice Ive read - discussed in the context of a real situation. Instead, do your product launch first. Dont scale.