Agile Burn Rate Finance Forecast 
David Teten
NOVEMBER 26, 2019
I encourage entrepreneurs to correct course with a re-forecast early and often. So here’s the solution I have recommended to some of my portfolio companies: “ agile budgeting ”, i.e., monitoring a few key variables while giving managers significant flexibility. Entrepreneur Jeff Magnusson provides a sample agile budgeting workbook.
Up and Running
OCTOBER 1, 2014
Nelson has some tips: Know your burn rate. And this isn’t just for your business, but as many startup founders know, your personal finances can matter just as much (especially if you aren’t profitable yet). If not, be agile enough to change direction and re-focus,” Nelson advises. Be hyper-focused.
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