Gust

DECEMBER 7, 2014

At least wait until later, when you ready to scale, and have some “leverage” based on a proven business model, some real customers, and real revenue. Focusing on the burn rate and prioritizing every possible expense will keep overhead down, help you stay lean, and achieve a higher profit earlier.

Bootstrapping 191

Bootstrapping Entrepreneur Startup Burn Rate 191

Gust

AUGUST 19, 2012

In this section, you need to be passionate about recurring revenue, profit margin, and volume growth. Project both revenues and expense totals for next five years, and past three years. Show breakeven point, burn rate, and growth assumptions. You need data from industry experts like Forrester or Gartner for credibility.

Elevator Pitch 146

Elevator Pitch Exit Strategy Burn Rate Merger 146

Gust

JUNE 10, 2012

Founders now routinely use their home to operate their startup until they are well into the revenue phase. That’s a burn rate of at least $10K per month that can be eliminated if you are handy with computers and Quickbooks. I now see and believe business plans that budget $1K for all this, versus a previous $20K or more.

Cost 139

Cost Burn Rate SEM Startup 139