article thumbnail

5 Keys To A Viable Spending Rate And Cash Management

Startup Professionals Musings

Cash flow is a basic survival metric for every startup. 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.

Burn Rate 258
article thumbnail

Investors Measure Entrepreneurs By Cashflow Mileage

Startup Professionals Musings

Cashflow is a basic survival metric for every startup. 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 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

Cash flow is a basic survival metric for every startup. 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.

Burn Rate 310
article thumbnail

30 Entrepreneurs Reveal the Companies They are Starting in 2023

Hearpreneur

We asked entrepreneurs and business owners about the companies they’re starting in 2023 and here are the responses. #1- This presents a great opportunity for entrepreneurs to launch their own businesses and capitalize on the latest technology. Thanks to Michelle Wintersteen, MKW Creative Co. ! #3-

article thumbnail

Business Valuation: Determining The Worth Of A Company

YoungUpstarts

A multiple calculates an aspect of a company’s financial value by dividing one performance metric by another performance metric. million dollars, because your software development firm is expected to generate enough revenue over time to offset that. This is called a multiple.

Valuation 162
article thumbnail

5 Keys To Minimizing The Burn Rate For Your Startup

Startup Professionals Musings

Cash flow is a basic survival metric for every startup. 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.

Burn Rate 223
article thumbnail

[INTERVIEW] North Aware Founder And Creator Of The Smart Parka, Jamil Khan

YoungUpstarts

As he notes, you have to be able to advance the learning curve fast in software development because changes occur at such a rapid pace. Having advanced that curve on the Smart Parka’s design and the Kickstarter funding to help North Aware move to the manufacturing phase, he’s now learning about other issues critical to entrepreneurs.

Founder 189