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Startup Runway Length Depends on Your Burn Rate

Startup Professionals Musings

Here are some recommendations on how to keep the rate low, and help your startup to prosper at the same time: Measure it and manage it. As a rule, you need to review your burn rate every month, and manage it every day. Pay people with equity or future revenue. The components are simple - expenses and income.

Burn Rate 232
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High Burn Rates Result in Short Startup Runways

Startup Professionals Musings

Here are some principles on how to do that, and help your startup to prosper and live another day: Measure it and manage it. As a rule, you need to review your burn rate every month, and manage it every day. Pay people with equity or future revenue. Focus precious cash only on producing revenue for your startup business.

Burn Rate 231
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Remote Work in the Time of COVID-19

ReadWriteStart

…suddenly, nearly all technical jobs are remote-jobs, all dev-teams are distributed teams, and virtually all hiring is remote hiring. Cost savings companies experience when they eliminate expensive office rents and the payroll costs associated with the salaries required for people to live in major metro areas.

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Don’t Get Burned By Your Startup Burn Rate

Startup Professionals Musings

Here are some principles on how to do that, and help your startup to prosper and live another day: Measure it and manage it. As a rule, you need to review your burn rate every month, and manage it every day. Pay people with equity or future revenue. Focus precious cash only on producing revenue for your startup business.

Burn Rate 120
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The Long-Term Value of Loyalty

Both Sides of the Table

My original post was directed at hiring managers. My view still stands – for many hiring managers a large factor in looking through resumes of somebody who is 30+ and has never worked somewhere for more than 18 months will be the job hopping element. I learned how to better run a product management process.

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Optimizing Your Agency For Profitability

Duct Tape Marketing

Click on over and give us a review on iTunes, please! So a lot of agencies track revenue, some actually even track profit, but you, if we're gonna optimize, um, profitability, what, what should we be measuring? So your Figma, your stock footage, library, you know, your tools for managing ads and things of that nature.

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Guest Post: Staying Innovative as Your Business Grows (Part One)

OnlyOnce

In Part Two, I’ll talk about some of the practices we’re using in our product management and development teams. We all knew if the feature or function that the client was asking for was within the realm of the possible. • We were very, very focused on creating customers and revenue —We were a startup.