How to Survive Your Startup’s Near-Death Experience

Posted by sannwood under Startups
From http://www.openforum.com 4474 days ago
Made Hot by: LadySophy on August 24, 2012 11:21 pm

Startup life can feel like one crisis after another, and unfortunately, too many ventures fall prey to a fatal early misstep. Here are a few thoughts on overcoming the near-death experiences all-too-common in the early stage.

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Comments

Written by Big Business Boogaloo
4472 days ago

I think failing to respond to problems as they arise is really a huge problem for startups. When the warning signs appear, that's the time to act! Not when things have already deteriorated to the point of no return.

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Written by HeatherStone
4472 days ago

Cash flow is such a huge consideration when starting any business no matter what the size. In fact, entrepreneurs would be better off thinking about that than raising a huge amount of money from investors in the first place. Cash flow that gives you the ability to pay your bills and stay in operation is critical. If you have a way to develop cash flow early on from something in your business, it can be easier to bootstrap further growth as time goes on.

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