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What Do I Do If My Business Runs Out Of Cash?

YoungUpstarts

Once you have achieved a calm headspace, take a survey of your cash position: How much cash is left? If you answered “no” to #2, you need to scramble to get cash in time for #3. Focus on operating efficiencies. Stop founder salaries. Do it again. Is it enough to cover payroll? When is the next payroll due?

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Containing Growth Chaos: Five Things To Do When Your Company Is On The Upswing

YoungUpstarts

By Bryan Miles, CEO and co-founder, Miles Advisory Group, Inc. In business, growth is a big deal, especially when you think about this: Most businesses cease operations and shutter their doors before ever really hitting their stride. But by year 10, just one-third remain in operation. Manage cash flow.

Cofounder 100
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Create Structure out of the Gate and You’ll Thank Yourself Later

Feld Thoughts

The investors, founders, and “community” are all super excited about ASC. Every now and then, investors are told things are going great and the founders are really excited about what they are doing. Oh, and the email says the founders will be in touch to discuss another round of funding since there are only 2 months of runway left.

Burn Rate 152
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a16z Podcast: Growth in Turbulent Times

Ben's Blog

In normal times, every company operates against some hypothetical growth model—a data-driven framework that describes how your product grows and how you acquire new users. In normal times, every company operates against some hypothetical growth model—a data-driven framework that describes how your product grows and how you acquire new users.

Founder 36
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Is your CFO a bookkeeper or a strategist?

Berkonomics

Here’s one that most small company founders and CEO’s miss until it may be too late. I recently coached a CFO in a small company to urge the CEO to stop working upon the operational issues and focus upon the future, even if that meant a pivot to protect the business as the world was changing in that industry at an accelerated rate.

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Turing Distinguished Leader Series: With Partner David Zhang, TVC

ReadWriteStart

So, think of the typical two founders with a pitch book in a garage. Instead, that’s the sort of pre-series-A investment where companies or founders have visions of where they think there are underserved market needs, and they’re coming up with something super excited to try to solve that. . We’re a crossover fund.

Partner 132
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3 Musts For Better Cash Flow Management

Early Growth Financial Services

Generating tons of revenue and showing a lot of accounts receivables (A/R) mean little if you don’t also have adequate cash in the bank to keep the lights on. Keeping a laser focus on your cash position and always maintaining a healthy operating runway are two of your main tasks as a founder.