article thumbnail

5 Keys To A Viable Spending Rate And Cash Management

Startup Professionals Musings

Your goal is that magical breakeven point and hockey-stick profit-growth curve. This could equate to two technical founders (with a minimal salary), funding two developers for a year. Overall, managing cash flow and burn rate is more critical to your business success than having the right idea and the right product.

Burn Rate 258
article thumbnail

5 Ways To Conserve Investor Cash And Ensure Survival

Startup Professionals Musings

Your goal is that magical breakeven point and hockey-stick profit-growth curve. This could equate to two technical founders (with a minimal salary), funding two developers for a year. Overall, managing cash flow and burn rate is more critical to your business success than having the right idea and the right product.

Burn Rate 310
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

5 Keys To Minimizing The Burn Rate For Your Startup

Startup Professionals Musings

Your goal is that magical breakeven point and hockey-stick profit-growth curve. This could equate to two technical founders (with a minimal salary), funding two developers for a year. Overall, managing cash flow and burn rate is more critical to your business success than having the right idea and the right product.

Burn Rate 223
article thumbnail

Investors Measure Entrepreneurs By Cashflow Mileage

Startup Professionals Musings

Your goal is that magical break even point and hockey-stick profit-growth curve. This could equate to two technical founders (with a minimal salary), funding two developers for a year. Overall, managing cashflow and burn rate is more critical to your business success than having the right idea and the right product.

Burn Rate 262
article thumbnail

5 Steps To Maximizing Your Startup Cash Flow Runway

Startup Professionals Musings

Your goal is that magical breakeven point and hockey-stick profit-growth curve. This could equate to two technical founders (with a minimal salary), funding two developers for a year. Overall, managing cash flow and burn rate is more critical to your business success than having the right idea and the right product.

Burn Rate 120
article thumbnail

Customer Development in Japan: a History Lesson

Steve Blank

I discovered my product was a “nice to have,” not a “must have,” and we shut the company down a year a later. However, when I looked into the detail, most of them did not have even early adaptors and the problem wasn’t “chasm crossing,” it was that almost nobody wanted their products. Maysee now enjoys hockey stick revenue growth.

Japan 292
article thumbnail

Growth strategies for marketplaces: key takeaways from a fireside chat on growth

Version One Ventures

As an investor and former founder, I know that scalable growth (and the pretty hockey stick graph) is the holy grail for every startup. Just a decade ago, most software/cloud startups used a traditional model where product and marketing were siloed: product teams created the product and marketing drove people to the website to buy it.