YoungUpstarts

AUGUST 31, 2019

Keep Cash Burn Low. Every startup, no matter how small or large, should have a clear understanding of its burn rate. The first step is to calculate your burn rate. The second step is to lower your burn rate and effectively increase the longevity of your startup. Hire the Right People.

Burn Rate 176

Burn Rate Startup Lean Early Stage 176

YoungUpstarts

JUNE 20, 2019

Series B: Hiring and Developing Managers. All startups find themselves struggle with hiring to meet growing demand, leaving most startups scrambling to onboard hires. When startups make new hires, it’s not uncommon to then promote the longest-tenured engineer, tasking them with onboarding staff.

Technical Cofounder 113

Technical Cofounder Burn Rate Seed Stage Cofounder 113

YoungUpstarts

MAY 19, 2016

Use burn rate as an example. If you don’t understand how much money your company is burning through each month, how can you expect to intelligently talk about your fiscal health? To become part of the surviving half, use these methods to ensure your startup’s structure stands strong. Read your books from cover to cover.

Technical Review 124

Technical Review Burn Rate IP Intellectual Property 124

YoungUpstarts

MAY 20, 2015

Burn rate: Seeing company grow fast is both exciting and overwhelming experience. Even though the growth is rapidly increasing, the burn rate can equally increase too so its essential to plan advance and evaluate the options based on that. Hire Talent. “I would say that hiring talent is were the story begins.

Colombia 100

Colombia Burn Rate Startup Agile 100

YoungUpstarts

AUGUST 19, 2016

While you absolutely need to keep an eye on earnings and burn rate, human capital is ultimately the fuel that makes the machine run. Depending on your startup’s needs, it can be a toss-up on whether to hire for attitude or skill. Others may need a high-level new hire to start things off with a bang.

Startup 100

Startup Burn Rate Cofounder Salary 100