Remove Burn Rate Remove Leadership Remove Management Remove Operations
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Fundraising Debt And How To Avoid It

YoungUpstarts

Cunningham’s term was coined to identify a specific problem in the tech industry, but the fundamental concept is universal — Ben Horowitz, for example, took Cunningham’s concept and applied it to management structures. . Founders need seed capital to get their operations up and running, and to begin generating revenue.

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From Fat to Fit: Startups Must Navigate Back to Fundamentals to Achieve Long-term Success 

The Startup Magazine

Subsequently, cost optimization became a critical focus, necessitating the streamlining of operations and downsizing the sales team to sustainable levels, thereby curbing unchecked operational costs and aligning expenses with actual revenue potential. However, skepticism emerged regarding potential manipulation of these figures.

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The Virus Survival Strategy For Your Startup

Steve Blank

Here are a few thoughts about operating in uncertainty in a pandemic. They have fewer cash reserves and less margin of error for managing sudden downturns. The questions every startup or small business CEO needs to ask now are: What’s my Burn Rate and Runway? Burn Rate and Runway. What will my investors do?

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How to Manage Cash Flow in a Crisis

Up and Running

For small businesses, cash flow management in a crisis is absolutely vital. To gain control, you need to focus on operational activities that put cash in your hands. But step one, today, is focusing on stabilizing and maintaining your operating cash flow. . Cut leadership salaries. Quick cash flow basics.

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Critical Key Performance Indicators (KPIs) for Founders

Up and Running

Get input from analysts, department heads, managers, and other team members that need to act on the information. . For example, leadership can use high-level KPIs to measure the overall performance of the company, and managers can use granular KPIs to gauge the effectiveness of processes, such as sales, marketing, or procurement.

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8 Good CFO Attributes That Every Entrepreneur Needs

Startup Professionals Musings

In addition, if you are already a CFO, this position is a great springboard to the chief operating officer (COO) or even the CEO position in the startup, based on recent reports. Every startup role requires managing to financial realities. Creating operational processes and procedures. Leadership is earned rather than appointed.

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Startup Grind Turns the Tables on Mark Suster

Both Sides of the Table

I started as a programmer, and then a database designer, and then a project manager, and I led conversion teams. And for every time I’ve felt hugely stressed that our burn rate was getting too high, and I didn’t know who else was going to fund the company, and I’m all in on this company, right?”

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