Burn Rate, Hiring, Product Development and Revenue

5 Keys To Minimizing The Burn Rate For Your Startup

Startup Professionals Musings

SEPTEMBER 29, 2018

Investors check your burn rate to assess your efficiency, and project your remaining runway before you run out of money and into a brick wall. It doesn’t take a financial genius to recognize that you need to keep your burn rate low. Cash flow out equates to burn rate, and the runway depends on your reserves.

Burn Rate

Burn Rate Hockey Stick Startup Salary

5 Keys To A Viable Spending Rate And Cash Management

Startup Professionals Musings

MAY 14, 2023

Investors check your burn rate to assess your efficiency, and project your remaining runway before you run out of money and into a brick wall. It doesn’t take a financial genius to recognize that you need to keep your burn rate low. Cash flow out equates to burn rate, and the runway depends on your reserves.

Burn Rate

Burn Rate Hockey Stick Management Salary

5 Ways To Conserve Investor Cash And Ensure Survival

Startup Professionals Musings

AUGUST 19, 2020

Investors check your burn rate to assess your efficiency, and project your remaining runway before you run out of money and into a brick wall. It doesn’t take a financial genius to recognize that you need to keep your burn rate low. Cash flow out equates to burn rate, and the runway depends on your reserves.

Burn Rate

Burn Rate Hockey Stick Salary Angel Investor

Investors Measure Entrepreneurs By Cashflow Mileage

Startup Professionals Musings

OCTOBER 5, 2014

Investors check your burn rate to assess your efficiency, and project your remaining runway before you run out of money and into a brick wall. It doesn’t take a financial genius to recognize that you need to keep your burn rate low. Cashflow out equates to burn rate, and the runway depends on your reserves.

Burn Rate

Burn Rate Hockey Stick Entrepreneur Salary

Is the Lean Startup Dead?

Steve Blank

SEPTEMBER 5, 2018

He just hired Meg Whitman. Tech IPO prices exploded and subsequent trading prices rose to dizzying heights as the stock prices became disconnected from the traditional metrics of revenue and profits. Startups wrote business plans, generated expansive 5-year forecasts and executed (hired, spent and built) to the plan.

Lean

Lean Burn Rate Startup IPO

5 Steps To Maximizing Your Startup Cash Flow Runway

Startup Professionals Musings

SEPTEMBER 14, 2016

Investors check your burn rate to assess your efficiency, and project your remaining runway before you run out of money and into a brick wall. It doesn’t take a financial genius to recognize that you need to keep your burn rate low. Cash flow out equates to burn rate, and the runway depends on your reserves.

Burn Rate

Burn Rate Hockey Stick Startup Salary

The Customer Development Manifesto: The Startup Death Spiral (part.

Steve Blank

SEPTEMBER 7, 2009

Finally, I’ll write about how Eric Ries and the Lean Startup concept provided the equivalent model for product development activities inside the building and neatly integrates customer and agile development. Without the revenue to match its expenses, the company is in now danger of running out of money.

Customer Development

Customer Development Developer Customer Silicon Valley

What Makes an Entrepreneur (2/10) – Street Smarts

Both Sides of the Table

DECEMBER 16, 2009

They realized that they were selling a bunch of cool products but none that had enough economic value. They had wasted a lot of money because they had raised a lot of money and therefore hired a large staff. I advocated LOUDLY at the board that we needed to cut our burn rate. We were SMOKING cash.

Entrepreneur

Entrepreneur Burn Rate Cofounder Sales

Crisis Management by Firing Executives – There’s A Better Way

Steve Blank

NOVEMBER 18, 2010

For decades startups were managed by pretending the company would follow a predictable path (revenue plan, scale, etc.) The Revenue Plan – The Third Fatal Assumption. Notice that the traditional product introduction model leads to a product launch and the execution of a revenue plan. Albert Einstein.

Burn Rate

Burn Rate Management Business Model Customer Development

An Alternative to Board Decks Some Seed VCs Actually Prefer

View from Seed

OCTOBER 15, 2014

Examples of housekeeping include the following list, though not every item will appear every time: Finance: Cash out date, burn rate, 409A valuation, cap table, common/preferred stock dashboard. Team: Hires, fires, departures, responsibility changes, major promotions, and your org chart. The seed stage is all about traction.

Seed Stage

Seed Stage Cap Table Metrics Burn Rate

Lean Startups aren't Cheap Startups

Steve Blank

NOVEMBER 2, 2009

And I can even imagine cases where it might burn more cash than a traditional startup. The key contributors to an out-of-control burn rate is 1) hiring a sales force too early, 2) turning on the demand creation activities too early, 3) developing something other than the minimum feature set for first customer ship.

Lean

Lean Silicon Valley Startup RSS

Lessons Learned: Cash is not king

Startup Lessons Learned

MARCH 27, 2009

The full formula works like this: runway = cash on hand / burn rate # iterations = runway / speed of each iteration Very few successful companies ended up in the same exact business that the founders thought theyd be in (see Founders at Work for dozens of examples). The key is to be able to refute as many major hypotheses as you can.

San Francisco

San Francisco Lean Continuous Deployment DC

StartUpRoar

5 Keys To Minimizing The Burn Rate For Your Startup

5 Keys To A Viable Spending Rate And Cash Management

Trending Sources

5 Ways To Conserve Investor Cash And Ensure Survival

Investors Measure Entrepreneurs By Cashflow Mileage

Is the Lean Startup Dead?

5 Steps To Maximizing Your Startup Cash Flow Runway

The Customer Development Manifesto: The Startup Death Spiral (part.

What Makes an Entrepreneur (2/10) – Street Smarts

Crisis Management by Firing Executives – There’s A Better Way

An Alternative to Board Decks Some Seed VCs Actually Prefer

Lean Startups aren't Cheap Startups

Lessons Learned: Cash is not king

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