Steve Blank
NOVEMBER 2, 2009
The key contributors to an out-of-control burn rate is 1) hiring a sales force too early, 2) turning on the demand creation activities too early, 3) developing something other than the minimum feature set for first customer ship. And most startup code and features end up on the floor as customers never really wanted them.
crowdSPRING Blog
OCTOBER 24, 2014
What is the Right Burn Rate at a Startup Company? | Benchmarking SaaS Startup Efficiency with Revenue per Employee Metrics | by @ttunguz – crowdspring.co/1sRVdjm. Why You Should Find Product-Market Fit Before Sniffing Around For Venture Money | Co.Labs – crowdspring.co/1sRVsv5. by @msuster – crowdspring.co/1qKWc0z.
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crowdSPRING Blog
OCTOBER 10, 2014
Refocusing the Startup Burn Rate Debate | OpenView Blog – crowdspring.co/1n8paLq. Stock option questions startup employees should ask | Business Insider – crowdspring.co/1n8lUje. React – crowdspring.co/1yHa1WB. The Most Innovative Companies Don’t Worry About Consensus | by Maxwell Elliot, HBR – crowdspring.co/Z7pWNt.
crowdSPRING Blog
DECEMBER 12, 2014
Don’t Get Burned by Your Burn Rate – crowdspring.co/159KKrk. When You Give Your Team a Goal, Make It a Range – crowdspring.co/1yINX9Z. 7 Simple Ways to Appreciate your Team (and Boost Performance) – crowdspring.co/1veUNVr. 13 Things Startup Founders Aren’t Thankful For – crowdspring.co/1B6KrdY.
Startup Professionals Musings
FEBRUARY 17, 2021
These steps alone can reduce your monthly burn rate by at least $10K. For startups, social media and color printers have essentially replaced the need for external public relations and marketing services. You can now skip the mandatory office space rental, with secretary and bookkeeping staff, or outsourcing.
Startup Professionals Musings
JUNE 18, 2012
That’s a burn rate of at least $10K per month that can be eliminated if you are handy with computers and Quickbooks. Use the Internet and social networking instead of public relations companies and advertising agencies. No office space rental, no secretary, and no accountant are required. Technology costs.
Startup Professionals Musings
JULY 27, 2014
These steps alone can reduce your monthly burn rate by at least $10K. For startups, social media and color printers have essentially replaced the need for external public relations and marketing services. You can now skip the mandatory office space rental, with secretary and bookkeeping staff, or outsourcing.
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