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Startup Runway Length Depends on Your Burn Rate

Startup Professionals Musings

As a rule, you need to review your burn rate every month, and manage it every day. There’s tremendous leverage in learning to use Microsoft Office, QuickBooks, and how to Google for sample contracts and the latest tax changes. This will equate to 2 working founders (taking no salary), hiring a 5-person development team for a year.

Startup 92
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High Burn Rates Result in Short Startup Runways

Startup Professionals Musings

As a rule, you need to review your burn rate every month, and manage it every day. There’s tremendous leverage in learning to use Microsoft Office, QuickBooks, and how to Google for sample contracts and the latest tax changes. This will equate to 2 working founders (taking no salary), hiring a 5-person development team for a year.

Startup 92
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Don’t Get Burned By Your Startup Burn Rate

Startup Professionals Musings

As a rule, you need to review your burn rate every month, and manage it every day. There’s tremendous leverage in learning to use Microsoft Office, QuickBooks, and how to Google for sample contracts and the latest tax changes. This will equate to 2 working founders (taking no salary), hiring a 5-person development team for a year.

Startup 48