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Startup Runway Length Depends on Your Burn Rate

Startup Professionals Musings

Your burn rate is the rate at which that money is being spent, and allows an estimate of how long you can go before refueling (runway). Investors also look at your burn rate to see how efficient and effective you are at running the business. For obvious reasons, you need to keep your burn rate low.

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High Burn Rates Result in Short Startup Runways

Startup Professionals Musings

Your burn rate is the rate at which that money is being spent, and allows an estimate of how long you can go before refueling (runway). Investors look at your burn rate to see how efficient and effective you are at running the business. For obvious reasons, you need to keep your burn rate low.

Burn Rate 231
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Don’t Get Burned By Your Startup Burn Rate

Startup Professionals Musings

Your burn rate is the rate at which that money is being spent, and allows an estimate of how long you can go before refueling. Investors look at your burn rate to see how efficient and effective you are at running the business. For obvious reasons, you need to keep your burn rate low. Marty Zwilling.

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Why Founders Should Know How to Code

Steve Blank

I was driving home from the BIO conference in San Diego last month and had lots of time for a phone call with Dave, an ex student and now a founder who wanted to update me on his Customer Discovery progress. His inability to attract a co-founder who could code was a troubling sign. Coding is the DNA of a Web/Mobile Startup.

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Customer Development for Web Startups

Steve Blank

Ash Maurya , the CEO of WiredReach, has extended my work by building a model of Customer Development for Web Startups. Go read both of his posts on Discovery and Validation for web startups. Your job as a founder is to quickly validate whether the model is correct by seeing if customers behave as your model predicts.

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Startup founder salaries: Younger, more inexperienced entrepreneurs pay themselves less

The Next Web

Our report last week on the salaries that startup founders pay themselves stirred up a lot of discussion here on The Next Web, Hacker News , Twitter and beyond. Startup revenue and founder salary. The closest tie between founder salary and another datapoint was found in revenue. Founder age and salary.

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6 Cost-Cutting Recommendations For New Entrepreneurs

Startup Professionals Musings

Now you can do it for free, or a few hundred dollars, with one of the many web building tools available, like Shopify or Weebly. These steps alone can reduce your monthly burn rate by at least $10K. A programmer can build a new smartphone app for a few thousand dollars. Use the cloud and subscriptions for computing technology.

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