Remove Employee Remove Entrepreneur Remove Product Development Remove Software Developers
article thumbnail

5 Keys To A Viable Spending Rate And Cash Management

Startup Professionals Musings

Desperate entrepreneurs lose their leverage and die young. As a mentor to many entrepreneurs and startups, here are my best recommendations for keeping the burn rate low, planning ahead and maintaining credibility with investors: Manage cash flow personally every day. Buffer your projected resource requirements.

Burn Rate 258
article thumbnail

Investors Measure Entrepreneurs By Cashflow Mileage

Startup Professionals Musings

Desperate entrepreneurs lose their leverage and die young. As a mentor to many entrepreneurs and startups, here are my best recommendations for keeping the burn rate low, planning ahead and maintaining credibility with investors: Manage cashflow personally every day. burn rate business cashflow entrepreneur investor startup'

Burn Rate 262
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 Ways To Conserve Investor Cash And Ensure Survival

Startup Professionals Musings

Desperate entrepreneurs lose their leverage and die young. As a mentor to many entrepreneurs and startups, here are my best recommendations for keeping the burn rate low, planning ahead and maintaining credibility with investors: Manage cash flow personally every day. Buffer your projected resource requirements.

Burn Rate 310
article thumbnail

How to Optimize SaaS Development Costs

Up and Running

In the last decade, SaaS (Software as a Service) has become a very popular model for new software product development. The largest cost component of establishing a SaaS company is product development costs. This includes the design, development, launch, and enhancement of the SaaS application. .

Cost 158
article thumbnail

23 Entrepreneurs Explain Why They Started Their Business

Hearpreneur

We asked some entrepreneurs and business owners, why they started their businesses: #1- From personal experience. My expertise in product development and project management came after working as a consultant in many industries. I’ve spent more than two decades in the software industry. Photo credit: Ty Crandall.

article thumbnail

Should You Co-Found Your Company With a Software Development Shop (1 of 2)?

David Teten

So, on one side — you’re the budding entrepreneur with a great idea and the hustle to out-execute anyone with a similar idea. So, can an entrepreneur pair up with a dev shop? The dev shop is motivated to build the best product that stands the best chances in the company it’s a part of. Can a shop work for just equity?

article thumbnail

5 Keys To Minimizing The Burn Rate For Your Startup

Startup Professionals Musings

Desperate entrepreneurs lose their leverage and die young. As a mentor to many entrepreneurs and startups, here are my best recommendations for keeping the burn rate low, planning ahead and maintaining credibility with investors: Manage cash flow personally every day. Buffer your projected resource requirements.

Burn Rate 223